The profits that true innovators in these industries once enjoyed have already declined, but profit rates are still above average. The latecomer firm that succeeds in capturing these rents earns “second-mover” advantage. Amsden and Chu examine the successful second movers in electronics and modern services. The critical factors, they show, are the government policies and large-scale firms that drive skills, speed, and scale. R&D in Taiwan was usually undertaken in conjunction with government labs, which prepared the way for local production of the next hot, mature product.
save
₹2,242.00
Beyond Late Development: Taiwan’s Upgrading Policies
In this book Alice Amsden and Wan-wen Chu cover new ground by analyzing the phenomenon of high-end catch-up. They study how leading firms from the most advanced latecomer countries like Taiwan have increased their market share in mature high-tech industries and services.
₹1,208.00₹3,450.00
Out of stock
Related products
-
The Business of Banking: Models, Risk and Regulation
₹4,824.00This book offers new insights on banking business models, risks and regulation proposals in the aftermath of the European financial crisis. It investigates the main issues affecting the business of banking nowadays, such as low interest rates and non-performing loans.
₹11,219.00 -
A History of British Actuarial Thought
₹4,020.00A broad range of historically important actuarial topics are discussed such as the development of the blueprint for the actuarial management of with-profit business; historical developments in mortality modelling methods; changes in actuarial thinking on investment strategy for life and pensions business; changing perspectives on the objectives and methods for funding Defined Benefit pensions; the application of risk theory in general insurance reserving; the adoption of risk-based reserving and the Guaranteed Annuity Option crisis at the end of the 20th century.
₹9,349.00 -
Hayek: A Collaborative Biography
₹6,834.00This book is the seventh volume in this series which explores the life of Nobel Price-winning economist F.A. Hayek (1899-1992). The volume uses archival material, juxtaposed with Hayek’s published work to challenge the existing perceptions of his life and thought. It examines the methods by which Hayek interacted with – and schemed against – the knowledge communities that he encountered during his very long life.
₹15,894.00 -
The Takeover of Social Policy by Financialization: The Brazilian Paradox
₹5,934.00This book upends the so-called post-neoliberal reading of the new wave of social and economic development in Brazil at the turn of the twentieth-first century. It uncovers what I term ‘the Brazilian Paradox’ that is, the recent ongoing shift towards a mass consumption society coterminous with the resilience of underdevelopment.
₹11,219.00
Be the first to review “Beyond Late Development: Taiwan’s Upgrading Policies”