By Ganeshan Wignaraja
Globalization and structural adjustment provide many possibilities for export oriented industrialization in constructing economies. As a gaggle, competitiveness within the constructing international locations has greater, yet, whereas East Asian economies have had swift export progress and technological improvements, South Asian and African economies have lagged in the back of. outdated constructions, associations, behavioural styles and public regulations are ill-adapted to house the demanding situations posed by means of technological swap and fiscal liberalization. therefore there's an pressing desire for swap in executive and personal quarter attitudes and strategies.
This quantity seeks to generalise the teachings throughout constructing nation and firm situations, and sheds gentle on which alternate and commercial techniques and tools paintings top, and which don't paintings, on the subject of production competitiveness.
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Extra info for Competitiveness Strategy in Developing Countries: A Manual for Policy Analysis (Routledge Studies in Development Economics)
The distinctive feature of this perspective is its focus on manufacturing enterprises as the main actors in the process of accumulating technological capabilities. It emphasises the notion that enterprises Competitiveness analysis and strategy 23 have to undertake conscious investments to convert imported technologies into productive use. e. 1. The diagram links critical four elements of this process: imported technology, firm-level effort, inputs into enterprise learning and phases of technological development.
As defined by a recent OECD study, cluster policies refer to ‘the set of policy activities that aim to stimulate and support the emergence of production networks among firms, strengthen the inter-linkages between different parts of the networks and increase the value added of their actions’ (Boekholt and Thuriaux, 1999, p. 381). These policies have been applied to particular industrial sectors and geographical locations. As a result, cluster policy is sometimes equated with an old style industrial policy of providing subsidies to inefficient industries in a protected domestic market.
However, in order to remedy pervasive weaknesses in NIS in developing countries, it also makes the case for a more holistic approach with additional policies to support enterprise-learning processes. An industrial competitiveness strategy from a technology and innovation perspective can be expressed in terms of three core elements:21 a b c A national partnership involving complementary actions by government and the private sector for industrial competitiveness. A ‘liberalisation plus strategy’ involving a mix of policy instruments.
Competitiveness Strategy in Developing Countries: A Manual for Policy Analysis (Routledge Studies in Development Economics) by Ganeshan Wignaraja