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  Home > Research > Books
Writer °ü¸®ÀÚ Date 2018-07-02
Subject [2019] The Art of Economic Catch-up, Cambridge Univ Press
Contents Keun Lee, The Art of Economic Catch-up:
Barriers, Detours and Leapfrogging.
Cambridge Univ Press, 2019.(Forthcoming on May, 2019)


[Abstract]


When the ladder from developing to developed countries is kicked way, this book suggests that latecomers can still catch up with their forerunners by taking detours (e.g., capability building) and flying on a balloon, meaning leapfrogging out of windows of opportunity. In this way, latecomers may overcome the failures in capability and firm size and the barrier of IPR in the North. Digging into the two black boxes of technological and organization innovations in economics, this book derives a development solution for the latecomers that is framed along the catch-up paradox, such that one cannot be able to catch up if s/he just keeps catching up. In other words, eventual catch-up and overtaking require economies to pursue a path that differs from that taken by the forerunners.

Table of Contents
1 Introduction

2 Different Mechanisms of Growth in Poor and Rich Nations and the Narrow Pathway In Between
2.1 Introduction
2.2 Diverse Sources of MIT with Innovation as the Key Hurdle and Solution
2.3 Between Two Aspects of Innovation: Technologies Versus Sciences
2.4 Two Failures and One Barrier to Upward Transition: Capabilities, Scale, and IPR
2.5 Need to Take a Detour and Try a New Path or Leapfrogging

3 The Three Detours and Capability Building
3.1 Introduction
3.2 Several Ways to Cultivate Technological Capabilities
3.3 Detour One: from Imitative to Innovation
3.4 Detour Two: from Short-Cycle to Long-Cycle Technologies
3.5 Detour Three: More, Less, and More GVC Again
3.6 Summary and Concluding Remarks

4 The Detour of Promoting Big Businesses and SMEs During Transition
4.1 Introduction
4.2 Understanding the Business Groups (BGs)
4.3 BGs as a Device for Growing Big Businesses and Catch-Up
4.4 How to Grow Globally Successful SMEs
4.5 The Growth Detour of Latecomer Firms

5 Flying on a Balloon Out of the Windows of Opportunity: Why and How to Leapfrog
5.1 Introduction
5.2 Catch-Up Cycle Framework
5.3 Leadership Changes and Windows of Opportunity
5.4 Initial Conditions and Capabilities for Leadership Changes
5.5 Role of Leapfrogging and Incumbent Traps
5.6 System Level Responses for Leadership Changes
5.7 Extension to China and Service Sectors
5.8 Summary and Policy Implications

6 Recapitulation of the Art
6.1 Human Capacity-Based View on Economic Development
6.2 From Failures and Barrier to Detours and Leapfrogging
6.2 Two Black Boxes in the Economics of Catch-Up
6.3 Distinction, Contribution, and Limitations

7 Practicing the Art in Late Latecomers
7.1 Introduction: Leapfrogging for Sustainable Development
7.2 From Detour to Leapfrogging in Africa
7.3 To Leapfrog Beyond the Resource-Curse in Latin America
7.4 Industry 4.0 and Prospect of Leapfrogging in Southeast Asia
7.5 Policy Space Under the WTO Regime
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