Can East Asia Compete : Innovation for Global Markets

East Asian economies are at different stages of development, but to preserve-and to increase-their competitiveness through innovation and the opportunities presented by information and communication technologies (ICT), they need to move quickly to...

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Main Authors: Yusuf, Shahid, Evenett, Simon J.
Format: Publication
Language:English
en_US
Published: Washington, DC: World Bank and Oxford University Press 2013
Subjects:
DSL
GDP
ICT
ISP
WAP
WTO
XML
Online Access:http://documents.worldbank.org/curated/en/2002/09/2034207/can-east-asia-compete-innovation-global-markets
http://hdl.handle.net/10986/15226
id okr-10986-15226
recordtype oai_dc
spelling okr-10986-152262021-04-23T14:03:11Z Can East Asia Compete : Innovation for Global Markets Yusuf, Shahid Evenett, Simon J. EMERGING ECONOMIES INDUSTRIAL RESTRUCTURING REGIONAL DEVELOPMENT BUSINESS ENVIRONMENT NETWORKING ACCESS INITIATIVES INNOVATION IN BUSINESS INFORMATION DISSEMINATION KNOWLEDGE DELIVERY SYSTEMS KNOWLEDGE NETWORKS KNOWLEDGE INFRASTRUCTURE FOREIGN DIRECT INVESTMENTS LOGISTICS BUSINESS SERVICES FINANCIAL SERVICES BANKING SECTOR REFORMS MACROECONOMIC STABILITY COMPETITIVENESS INFORMATION TECHNOLOGY TELECOMMUNICATIONS TECHNOLOGY ELECTRONIC TECHNOLOGY INTERNET GOVERNMENT ROLE INTERNET PHONE SERVICES INTERNET PHONE SERVICES TECHNOLOGY POLICY TRADE LIBERALIZATION INVESTMENT PROMOTION B2B BANK LENDING BUSINESS SERVICES CITIES CODE DIVISION MULTIPLE ACCESS COLLABORATION COMMUNICATION TECHNOLOGIES COMPARATIVE ADVANTAGE COMPETITIVENESS COMPUTER HARDWARE CONSUMERS COPYRIGHT DEREGULATION DEVELOPMENT ECONOMICS DSL E-COMMERCE ECONOMIC ACTIVITY ECONOMIC CHANGE ECONOMIC CONDITIONS ECONOMIC COOPERATION ECONOMIC DEVELOPMENT ECONOMIC GROWTH ECONOMIC INTEGRATION ECONOMIC OUTLOOK ECONOMIC RESEARCH EFFECTIVE USE EXCHANGE RATE EXPENDITURES EXPORTS EXTENSIBLE MARKUP LANGUAGE FINANCIAL CRISIS FINANCIAL SECTOR FREE TRADE GDP GOVERNMENT REGULATION GROSS DOMESTIC PRODUCT GROSS DOMESTIC PRODUCT GROWTH ICT INCOME INDUSTRIAL DEVELOPMENT INDUSTRIALIZATION INEFFICIENCY INTELLECTUAL PROPERTY INTERNET ACCESS INTERNET SERVICE PROVIDER INVENTORIES ISP KNOWLEDGE WORKERS LABOR PRODUCTIVITY LEARNING MACROECONOMIC STABILITY MEDIA NATIONAL ECONOMIES NATIONAL INCOME NETWORKS PATENTS POLICY ENVIRONMENT POLITICAL ECONOMY PRODUCERS PRODUCTION TECHNIQUES PRODUCTIVITY PRODUCTIVITY GROWTH PROPERTY RIGHTS RESOURCE USE SAFETY NETS SAVINGS SCIENTIFIC KNOWLEDGE SUPPLY CHAINS SUSTAINABLE GROWTH TARIFF BARRIERS TECHNOLOGICAL CHANGE TECHNOLOGICAL INNOVATIONS TECHNOLOGY TRANSFER TELECOMMUNICATIONS TELEPHONES TOTAL FACTOR PRODUCTIVITY TRADE BARRIERS VALUE ADDED WAP WIRELESS TELEPHONY WORLD TRADE ORGANIZATION WTO XML East Asian economies are at different stages of development, but to preserve-and to increase-their competitiveness through innovation and the opportunities presented by information and communication technologies (ICT), they need to move quickly to frame and implement policies in five areas. Reform and restructuring of the banking system are matters of priority: Second, corporate governance in East Asia has lagged where management skills have fallen behind, and the pressure on managements to pursue strategies aimed at maximizing shareholder value are often weak. Policies to build institutions, both legal and financial, that shore up shareholders' rights and sharpen the market for corporate control would significantly augment management capabilities. Third, in an increasingly knowledge-based economy, the supply of workers with the requisite skills and penchant for creativity will determine how much innovation takes place and how it is used to enlarge market shares. The situation requires reinforcing secondary and tertiary education, which influence analytical skills and the aptitude to innovate. Fourth, although computer use in East Asia is spreading and telecommunications facilities are improving daily, e-business and e-commerce are greatly hampered by the inadequacy of supporting services such as secure credit card transactions, fulfillment, logistics, and legal services. Finally, trade liberalization, preferably multilateral trade reform, needs to be actively pursued. 2013-08-20T19:17:52Z 2013-08-20T19:17:52Z 2002 http://documents.worldbank.org/curated/en/2002/09/2034207/can-east-asia-compete-innovation-global-markets 0-8213-4998-8 http://hdl.handle.net/10986/15226 English en_US CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank and Oxford University Press Publications & Research :: Publication Publications & Research :: Publication East Asia and Pacific East Asia
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic EMERGING ECONOMIES
INDUSTRIAL RESTRUCTURING
REGIONAL DEVELOPMENT
BUSINESS ENVIRONMENT
NETWORKING ACCESS INITIATIVES
INNOVATION IN BUSINESS
INFORMATION DISSEMINATION
KNOWLEDGE DELIVERY SYSTEMS
KNOWLEDGE NETWORKS
KNOWLEDGE INFRASTRUCTURE
FOREIGN DIRECT INVESTMENTS
LOGISTICS
BUSINESS SERVICES
FINANCIAL SERVICES
BANKING SECTOR REFORMS
MACROECONOMIC STABILITY
COMPETITIVENESS
INFORMATION TECHNOLOGY
TELECOMMUNICATIONS TECHNOLOGY
ELECTRONIC TECHNOLOGY
INTERNET
GOVERNMENT ROLE
INTERNET PHONE SERVICES
INTERNET PHONE SERVICES
TECHNOLOGY POLICY
TRADE LIBERALIZATION
INVESTMENT PROMOTION B2B
BANK LENDING
BUSINESS SERVICES
CITIES
CODE DIVISION MULTIPLE ACCESS
COLLABORATION
COMMUNICATION TECHNOLOGIES
COMPARATIVE ADVANTAGE
COMPETITIVENESS
COMPUTER HARDWARE
CONSUMERS
COPYRIGHT
DEREGULATION
DEVELOPMENT ECONOMICS
DSL
E-COMMERCE
ECONOMIC ACTIVITY
ECONOMIC CHANGE
ECONOMIC CONDITIONS
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC INTEGRATION
ECONOMIC OUTLOOK
ECONOMIC RESEARCH
EFFECTIVE USE
EXCHANGE RATE
EXPENDITURES
EXPORTS
EXTENSIBLE MARKUP LANGUAGE
FINANCIAL CRISIS
FINANCIAL SECTOR
FREE TRADE
GDP
GOVERNMENT REGULATION
GROSS DOMESTIC PRODUCT
GROSS DOMESTIC PRODUCT GROWTH
ICT
INCOME
INDUSTRIAL DEVELOPMENT
INDUSTRIALIZATION
INEFFICIENCY
INTELLECTUAL PROPERTY
INTERNET ACCESS
INTERNET SERVICE PROVIDER
INVENTORIES
ISP
KNOWLEDGE WORKERS
LABOR PRODUCTIVITY
LEARNING
MACROECONOMIC STABILITY
MEDIA
NATIONAL ECONOMIES
NATIONAL INCOME
NETWORKS
PATENTS
POLICY ENVIRONMENT
POLITICAL ECONOMY
PRODUCERS
PRODUCTION TECHNIQUES
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROPERTY RIGHTS
RESOURCE USE
SAFETY NETS
SAVINGS
SCIENTIFIC KNOWLEDGE
SUPPLY CHAINS
SUSTAINABLE GROWTH
TARIFF BARRIERS
TECHNOLOGICAL CHANGE
TECHNOLOGICAL INNOVATIONS
TECHNOLOGY TRANSFER
TELECOMMUNICATIONS
TELEPHONES
TOTAL FACTOR PRODUCTIVITY
TRADE BARRIERS
VALUE ADDED
WAP
WIRELESS TELEPHONY
WORLD TRADE ORGANIZATION
WTO
XML
spellingShingle EMERGING ECONOMIES
INDUSTRIAL RESTRUCTURING
REGIONAL DEVELOPMENT
BUSINESS ENVIRONMENT
NETWORKING ACCESS INITIATIVES
INNOVATION IN BUSINESS
INFORMATION DISSEMINATION
KNOWLEDGE DELIVERY SYSTEMS
KNOWLEDGE NETWORKS
KNOWLEDGE INFRASTRUCTURE
FOREIGN DIRECT INVESTMENTS
LOGISTICS
BUSINESS SERVICES
FINANCIAL SERVICES
BANKING SECTOR REFORMS
MACROECONOMIC STABILITY
COMPETITIVENESS
INFORMATION TECHNOLOGY
TELECOMMUNICATIONS TECHNOLOGY
ELECTRONIC TECHNOLOGY
INTERNET
GOVERNMENT ROLE
INTERNET PHONE SERVICES
INTERNET PHONE SERVICES
TECHNOLOGY POLICY
TRADE LIBERALIZATION
INVESTMENT PROMOTION B2B
BANK LENDING
BUSINESS SERVICES
CITIES
CODE DIVISION MULTIPLE ACCESS
COLLABORATION
COMMUNICATION TECHNOLOGIES
COMPARATIVE ADVANTAGE
COMPETITIVENESS
COMPUTER HARDWARE
CONSUMERS
COPYRIGHT
DEREGULATION
DEVELOPMENT ECONOMICS
DSL
E-COMMERCE
ECONOMIC ACTIVITY
ECONOMIC CHANGE
ECONOMIC CONDITIONS
ECONOMIC COOPERATION
ECONOMIC DEVELOPMENT
ECONOMIC GROWTH
ECONOMIC INTEGRATION
ECONOMIC OUTLOOK
ECONOMIC RESEARCH
EFFECTIVE USE
EXCHANGE RATE
EXPENDITURES
EXPORTS
EXTENSIBLE MARKUP LANGUAGE
FINANCIAL CRISIS
FINANCIAL SECTOR
FREE TRADE
GDP
GOVERNMENT REGULATION
GROSS DOMESTIC PRODUCT
GROSS DOMESTIC PRODUCT GROWTH
ICT
INCOME
INDUSTRIAL DEVELOPMENT
INDUSTRIALIZATION
INEFFICIENCY
INTELLECTUAL PROPERTY
INTERNET ACCESS
INTERNET SERVICE PROVIDER
INVENTORIES
ISP
KNOWLEDGE WORKERS
LABOR PRODUCTIVITY
LEARNING
MACROECONOMIC STABILITY
MEDIA
NATIONAL ECONOMIES
NATIONAL INCOME
NETWORKS
PATENTS
POLICY ENVIRONMENT
POLITICAL ECONOMY
PRODUCERS
PRODUCTION TECHNIQUES
PRODUCTIVITY
PRODUCTIVITY GROWTH
PROPERTY RIGHTS
RESOURCE USE
SAFETY NETS
SAVINGS
SCIENTIFIC KNOWLEDGE
SUPPLY CHAINS
SUSTAINABLE GROWTH
TARIFF BARRIERS
TECHNOLOGICAL CHANGE
TECHNOLOGICAL INNOVATIONS
TECHNOLOGY TRANSFER
TELECOMMUNICATIONS
TELEPHONES
TOTAL FACTOR PRODUCTIVITY
TRADE BARRIERS
VALUE ADDED
WAP
WIRELESS TELEPHONY
WORLD TRADE ORGANIZATION
WTO
XML
Yusuf, Shahid
Evenett, Simon J.
Can East Asia Compete : Innovation for Global Markets
geographic_facet East Asia and Pacific
East Asia
description East Asian economies are at different stages of development, but to preserve-and to increase-their competitiveness through innovation and the opportunities presented by information and communication technologies (ICT), they need to move quickly to frame and implement policies in five areas. Reform and restructuring of the banking system are matters of priority: Second, corporate governance in East Asia has lagged where management skills have fallen behind, and the pressure on managements to pursue strategies aimed at maximizing shareholder value are often weak. Policies to build institutions, both legal and financial, that shore up shareholders' rights and sharpen the market for corporate control would significantly augment management capabilities. Third, in an increasingly knowledge-based economy, the supply of workers with the requisite skills and penchant for creativity will determine how much innovation takes place and how it is used to enlarge market shares. The situation requires reinforcing secondary and tertiary education, which influence analytical skills and the aptitude to innovate. Fourth, although computer use in East Asia is spreading and telecommunications facilities are improving daily, e-business and e-commerce are greatly hampered by the inadequacy of supporting services such as secure credit card transactions, fulfillment, logistics, and legal services. Finally, trade liberalization, preferably multilateral trade reform, needs to be actively pursued.
format Publications & Research :: Publication
author Yusuf, Shahid
Evenett, Simon J.
author_facet Yusuf, Shahid
Evenett, Simon J.
author_sort Yusuf, Shahid
title Can East Asia Compete : Innovation for Global Markets
title_short Can East Asia Compete : Innovation for Global Markets
title_full Can East Asia Compete : Innovation for Global Markets
title_fullStr Can East Asia Compete : Innovation for Global Markets
title_full_unstemmed Can East Asia Compete : Innovation for Global Markets
title_sort can east asia compete : innovation for global markets
publisher Washington, DC: World Bank and Oxford University Press
publishDate 2013
url http://documents.worldbank.org/curated/en/2002/09/2034207/can-east-asia-compete-innovation-global-markets
http://hdl.handle.net/10986/15226
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