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Index

Published online by Cambridge University Press:  15 February 2024

Keun Lee
Affiliation:
Seoul National University

Summary

Type
Chapter
Information
Innovation–Development Detours for Latecomers
Managing Global-Local Interfaces in the De-Globalization Era
, pp. 279 - 284
Publisher: Cambridge University Press
Print publication year: 2024
Creative Commons
Creative Common License - CCCreative Common License - BYCreative Common License - NC
This content is Open Access and distributed under the terms of the Creative Commons Attribution licence CC-BY-NC 4.0 https://creativecommons.org/cclicenses/

Index

absorptive capacity, 173
Alibaba, 231
AMC (advance market commitment), 233
Anglo-American economic systems, 19
Anglo-American model, 21
Aramco, 230
Argentina, 28
Asian
capitalism, 205
economies, 29, 36
tigers, 29, 32
Asian financial crisis, 177
asymmetric opening, 163
authoritarian regime, 149
authoritarianism, 164
automotive industry
China, 86
Korea, 80
Malaysia, 84
Thailand, 82
backward citation lag, 43
backward linkages, 11, 65, 83
Baidu, 231
balanced development, 134
Baldwin, 6
berries, 58, 68
big businesses, 4, 12, 47, 106, 146
bio-similar, 242
biotechnology, 199, 241
Brazil, 28, 198
footwear sector in, 227
BRICS, 32
business groups, 176, 228
top 30, 179, 187
BYD, 223
capability failures, 208
catching-up, 145
balanced, 15
economies, 26
imbalanced, 48
market, 116
mode of, 216, 218
paradox, 5, 22, 114, 203
path-following, 226
technological, 115, 136
CBUs (completely built units, namely fully assembled cars), 81, 82
Celtrion, 199, 242
chaebol, 183, 187
Chery, 77, 223
Chile, 9, 14, 67
Chile–California Program, 68
China, 12, 18, 29, 76
Chinese Industrial Enterprises Database, 122
ChiNext, 236
Chosun Dynasty, 148
CKD (complete knock down), 81, 82, 84, 90
climate change, 253
cluster analysis, 33
coefficient of variation, 39
coevolution, 7, 14, 18, 244
colonial rule, 148
comparative advantages, 22, 188, 243
concentration
of economic power, 177
of innovation, 47
of NIS, 108, 187
Confucianism, 148
conglomerates, 180, 227
convergence, 19, 109, 140, 205
coordination failure, 208, 234
copper, 70
corporate innovation systems, 135
COVID-19, 1, 243, 246
creative destruction, 8, 192
Creative-Lab (C-Lab), 239
cycle time of technologies (CTT), 8, 27, 118, 146
of a firm, 136
long, 8, 44, 198, 241
short, 8, 21, 40, 44, 60, 118, 136, 192, 247
Daewoo, 80
decentralization, 8, 48
de-industrialization, 50
pre-mature, 11, 65
democracy, 149, 203
development detour
non-linear, 20
development pathways, 3
developmental state, 100
digital platforms, 183
digital switch, 112
digital TV, 213
discipline
from global markets, 85, 105
from markets, 163, 181
diversification
diversification, 32
technological, 8, 16, 27, 44, 133, 135
domestic value-added, 17, 20, 58
DRAM, 212
drugs, 16
dual price policy, 155
economic complexity, 5
electric and electronics (E&E), 71
Electronics and Telecommunications Research Institute, 43
emerging economies, 40, 92
enrollment in secondary education, 156
entrepreneurial states, 3
entry barriers, 5, 13, 44, 146, 211
entry control, 90, 161
Ericsson, 112
Ethiopian Air, 230
European
economies, 30, 36
Northern, 36
peripheral, 49
Southern, 32
excessive investments, 179
export
competition, 10
duty, 75
growth, 166
orientation, 17, 21, 182
performance, 15, 56
promotion, 146
fast follower, 100, 214
FDI, 3, 10, 64, 78, 181
financial control, 159
financial restraints, 160
firm values, 140
firms
catching up, 135
domestically owned, 216
in emerging economies, 120
indigenous, 89
Korean, 135, 137
mature, 143
US, 136
flagship, 226
food shortages, 152
foreign value added (FVA), 83, 167
forestry, 69
Fortune Global 500, 230
France, 33
free-trade agreements, 20
Fundación Chile (FCh), 67, 220
Geely, 77, 85, 88
Germany, 33
getting prices wrong, 158
global financial crisis, 20, 151
Global Fortune 500, 12, 177
global governance, 252
global innovation systems, 10
Global South, 56
global value chains (GVCs), 6, 11, 20, 65, 83, 211, 225
disruption, 59
foreign-dominated, 74
indicators, 77
globalization paradox, 2
global–local interfaces, 3, 10, 23, 146, 244
GM-Daewoo, 83
government intervention, 22
Greece, 30
growth money, 160
growth regressions, 42
Hangul, 148
Hecksher–Ohlin trade theory, 189
high end, 89
high-income economies, 28
Hong Kong, 50
hostile takeover, 74
Hsinchu, 19
Huawei, 102, 107, 112, 218
human capital, 164
Hyundai, 78, 85, 107, 111, 162, 201
imbalanced development, 62
IMF, 19, 150
imitation, 107
to innovation, 89
imitative creation, 95
imitative innovation, 171
import substitution, 166
inclusive growth, 208
incumbents, 141
India, 15, 32, 39
indigenous development, 102
indigenous firms, 92
industrial district, 126
Hub-and-Spoke, 126
Marshallian, 126
industrial policy, 3, 11, 16, 43, 51, 70, 72, 73, 78, 79, 161, 207
in Korea, 158
Korean style, 87, 222
Industrial Technology Research Institute (ITRI), 100, 128, 214
inequality, 204
Infosys, 54
innovation systems, 7, 208, 248
corporate, 17, 19
firm-level, 135
corporate; regional, 106
in-out-in again, 11, 64, 167
institutions, 14, 18, 107, 118, 164
inclusive or exclusive, 146
intellectual property rights, 5, 6, 22
disputes, 244, 250
internationalization, 95
inter-regionalization, 96
intra-regionalization, 96
Ireland, 25, 30, 50
Israel, 30
IT cluster, 103
IT sector, 65
IT services, 9, 16, 50, 52, 247
Italy, 33
ITRI, 229
Japanese
carmakers, 82
investment, 81
manufacturers, 81
JVs, 78, 80, 82
foreign, 81, 83, 86
strategy, 80
Kakao, 232, 238
knowledge
base, 135
codifiable, 172
external, 131
indigenous, 95
knowledge localization, 8, 27, 32, 44
knowledge spillover, 219
Korea, xi
North, 164
South, 21
Korea Development Bank, 160
Korea New Exchange (KONEX), 236
Korean model, 21, 146
as a miracle, 205
KOSDAQ, 235
land reforms, 252
late entrants, 64
latecomer
countries, 13
country, 145
disadvantages, 147, 158
economies, 64
firms, 18, 107, 110
industrialization, 158
latent comparative advantages, 189
Latin America, 29, 47
leapfrogging, 5, 193, 241, 246, 251
learning-by-doing, 180
liberalization of trade and investment, 4
liberalization trap, 11, 65, 248
licensing
know-how, 173
technology, 172
local content requirements (LCRs), 7779, 85, 89, 224
local embeddedness, 91
local ownership, 70
localization of knowledge, 95, 131
London Stock Exchange, 74
long jumps, 193
low middle-income, 29
low-income
stage, 22
Lundvall, 8, 26
M&A
international, 88, 223
of Volvo, 89
made in China, 83
Malaysia, 9, 14, 30, 216
manufacturing, 5, 51
IT, 71
market competition, 79
market economies
coordinated, 36
mixed, 36
market failure, 13, 176, 208, 227, 233
market for technology, 86, 221
market forces, 73
market structure, 78, 182, 211
marketization index, 123
Mauritius, 28
Mazzucato, 3
Mexico, 28
middle class, 149
middle-income trap (MIT), 6, 9, 15, 25, 55, 65, 71, 100, 151
escaping, 65
mission-oriented innovation policy, 207
Mitsubishi, 80, 81, 111
MNCs, 93
more is better, 24
Motorola, 217
multiplicity, 6
mutual citations, 116
national brand, 77
national innovation systems, 7, 8, 26, 95
balanced, 16, 47
balanced mature, 33
catching-up, 8, 30, 40
imbalanced, 33
in Korea, 198
index, 27
mixed, 39
trapped, 7, 26, 30, 60
types, 27
varieties of, 39
nationalization, 70
Naver, 183, 238
Nelson, 135
Netherlands, 33
niche, 138
strategy, 43
non-linearity, 6, 210, 247
OBM, 80
openness to trade, 166
original design manufacturer (ODM), 225
original equipment manufacturing (OEM), 43, 80, 225
originality, 8, 27, 135
ownership, 78
diverse, 107, 120
domestic, 11, 16
firm, 16, 18
foreign, 80, 96, 201
of innovation, 102
knowledge, 95
local, 64, 70, 200
local firm, 98
majority, 81
of patents, 97
palm oil, 15, 55, 72
processed, 58
Park Chung Hee, xi, 149, 229
patent rights, 6
patents
citations, 110
locally-owned, 97
quality of, 110
US, 94
US-filed, 91
pathway
alternative, 41, 106
multipule, 23
NIS, 62
non-linear, 61
Penang, 16, 91, 216
Penang Development Centre (PDC), 217
Penang Skill Development Centre (PSDC), 217
Petronas, 73, 230
pharmaceuticals, 39, 54
plantation, 74
Plaza Accord, 81
Pony, 162
Portugal, 30
POSCO, 171, 228
privately-owned local enterprises (POLEs), 18, 121
product life cycle, 195
product space, 190
productivity, 51
labor, 122
Proton, 17, 77, 81, 84
pure-play
foundry, 129
R&D, 59
consortium, 100, 102, 168, 212, 219
efforts, 75
government-funded, 76
incentives, 73
in-house, 174, 214
investment to GDP ratio, 165
private, 215
public-private, 214
tax exemption for, 182
regional innovation systems (RIS), 90, 126
catching-up, 134
mature, 143
measures of, 96
of Hsinchu, 127
peripheral, 94, 131
resiliency, 147
re-skilling, 216
resource-based sectors, 9, 56, 247
resource-based view of firm growth, 120
revealed comparative advantages (RCA), 56, 162
reversal of fortune, 165
reverse engineering, 112
Rodrik, 2
rubber, 15, 55, 72
sector, 76
Russia, 32, 49
salmon, 15, 55, 67
Samsung, 107, 110, 212, 239
memory chip, 180
Samsung Biologics, 199, 243
Schumpeter, 12
Schumpeterian, xii, 7, 26, 31, 90, 176, 208
theory of the firm, 119, 135
secondary stock market, 235
self-citations, 95, 113
at the firm level, 136
semiconductor, 72, 128, 215
services, 51
Shanghai Auto Industry Corporation (SAIC), 221
Shanghai Bell, 102, 219
Shenzhen, 16, 66, 91, 112, 200, 218
Shenzhen Stock Exchange, 236
Singapore, 25, 50
SMEs, 12, 127, 183, 214
SMIC, 237
SOEs, 230
soft budget constraints, 160
Sony, 110
sophistication
trade structure, 190
South Africa, 28
Spain, 25
special economic zones (SEZ), 92, 102
specialization, 15, 43, 47, 58
smart, 146
spillover effect, 64
startups, 13, 125, 232, 240
State Grid Corporation, 230
state-owned enterprises (SOEs), 18, 107
structural transformation, 5, 188
sustainability, 253
sustainable development, 253
Sweden, 33
system failures, 208
Taipei, 16, 91
Taiwan, 11, 19
Taiwan Semiconductor Manufacturing Company (TSMC), 229
takeover, 230
tariffs, 75, 84, 213
asymmetric, 163
effectiveness of, 161
Tata, 54
technological capabilities, 10, 79, 110, 170
technological development, 107
technological diversification, 16
technological independence, 116
technologies
long cycle, 6, 16, 53, 134, 195
recent or old, 114
short cycle, 6, 19, 240
similar or different, 18, 106
technology transfer, 250
telephone switch, 219
Tencent, 220
Thailand, 12, 29, 76
Time-Division Exchange (TDX), 168
Tobin’s Q, 140
total factor productivity (TFP), 162
Toyota, 82
trade openness, 56
trade surplus, 56
trademarks, 6
trading market for technology, 102, 224
trajectory
technological, 106
transaction cost economics, 176
trapped economies, 44
TSMC, 19, 108
UMC, 129
unicorns, 227
United Kingdom, 33
university-industry linkages, 131
upgrading, 104, 134
upper middle-income
stages, 28
utility models, 6
varieties of capitalism (VoC), 27, 36
venture companies, 235
Volkswagen, 77
Washington Consensus, xii, 2, 4, 156
windows of opportunity, 242
wine, 15, 55, 67, 69
Wipro, 54
World Bank, 25
WTO, 66, 77, 85, 222, 224
China entry, 88
ZTE, 102

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  • Index
  • Keun Lee, Seoul National University
  • Book: Innovation–Development Detours for Latecomers
  • Online publication: 15 February 2024
  • Chapter DOI: https://doi.org/10.1017/9781009456234.009
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  • Index
  • Keun Lee, Seoul National University
  • Book: Innovation–Development Detours for Latecomers
  • Online publication: 15 February 2024
  • Chapter DOI: https://doi.org/10.1017/9781009456234.009
Available formats
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  • Index
  • Keun Lee, Seoul National University
  • Book: Innovation–Development Detours for Latecomers
  • Online publication: 15 February 2024
  • Chapter DOI: https://doi.org/10.1017/9781009456234.009
Available formats
×