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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Washington, DC: World Bank and Oxford University Press
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Online Access: | 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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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 |
_version_ |
1764425309135831040 |