The machinery industry is a very difficult sector to develop in the short term. It is also not easy to drastically shorten the developmental period. Therefore, it is necessary for developing countries to thoroughly review Korea’s policy trends when designing machinery industry policies. This...

The potential contribution of companies as partners in furthering development objectives is frequently mentioned, but has received limited research attention. What has also remained unclear is to what extent companies can play such a role via the various individual and collaborative means...

The identification of potential innovation efforts plays an important role in evaluating the innovation process. The innovation efforts of firms in developing countries might be different to those of Western enterprises. This paper evaluates innovation processes in developing countries,...

Short AbstractUsing the new PWT, that for the first time permit income comparisons overtime too, and defining growth for followers as catching-up, the developing world (excluding China and one or two countries) consisting of 99/100 countries with 3.9/4.0b. population has not shown any growth...

The author has recently, defining a catch-up index, growth as catching-up, and deriving an equation for years for absolute convergence, shown Sub-Saharan Africa has fallen behind sharply and, even considering India's population-weight, South Asia has barely shown any growth since 1951 (growing...

This paper examines the trajectory of growth in the Global South. Before the 1500s all countries were roughly at the same level of development, but from the 1500s Western countries started to grow faster than the rest of the world and PPP GDP per capita by 1950 in the US, the richest Western...

Over the past decade, research explaining cross country income differences has increasingly pointed to the dominant role of total factor productivity (TFP) gaps as opposed to factor accumulation. Nevertheless, it is a widely held belief that a country's ability to absorb and implement...

The global location of R&D centres by MNCs is a rather new phenomenon; especially when it comes to establishing R&D centres in developing countries. The existing and rather limited literature on globalization of innovation provides four possible explanations of why multinationals locate R&D...

This chapter explores the role of regional innovation systems supporting capability building among indigenous SMEs in two different RIS in Mexico. It explicitly attempts at testing the validity of the underlying assumptions in RIS literature in the context of developing countries, such as the...

Innovation systems in developing countries differ largely from those in developed countries. A typical difference is that less developed countries have weaker institutional frameworks and low levels of interaction among the different actors in the innovation system. Scholars in innovation system...