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After the miraculous economic growth known as the Beijing Consensus, China is now facing a slowdown. The attention has moved to the issue of the middle income trap. This book deals with this interesting issue in the context of China.
List of contents
- 1: Introducing Schumpeter to China
- Part One: The Origins of Catch-up and the Early Effort
- 2: The Origins of Technological Catch-up in China: The Birth of Huawei and ZTE
- 3: Origins and Growth of Big Businesses in China
- 4: Role of SandT Institutions for Limited Catch-up : Semi-conductor Industry
- Part Two: Assessing the Catch-up in a Comparative Perspective
- 5: Assessing China's Economic Catch-up in a Comparative Perspective: Beijing Consensus, Washington Consensus, East Asian Consensus
- 6: Catching-up and Leapfrogging in Key Manufacturing sectors: A comparison with Korea
- 7: Catch-up in IT Services and the Role of the Government in China
- 8: Huawei's Leapfrogging to overtake Ericsson
- Part Three: Prospects of Catch-up and Leapfrogging
- 9: Possibility of a Middle-Income Trap in China
- 10: Thucydides Trap, GVC and Future of China
About the author
Keun Lee is a globally recognized scholar on economics of catch-up. Currently, he is a professor of Economics at the Seoul National University, Fellow of the CIFAR (Canada) program on Innovation, Equity and Prosperity, the Vice-chairman of the National Economic Advisory Council (for the President of Korea), and the director of the Center for Economic Catch-up. He is an editor of Research Policy, and an associate editor of Industrial and Corporate Change. He served as the President of the International Schumpeter Society, a member of the Committee for Development Policy of UN, and a council member of the World Economic Forum.
He is the winner of the 2014 Schumpeter Prize for his monograph on Schumpeterian Analysis of Economic Catch-up (2013 Cambridge Univ. Press), as well as the 2019 Kapp Prize from the EAEPE, for his article on national innovation systems. He obtained Ph.D. in economics from the University of California, Berkeley, with his thesis on the Chinese economy.
Summary
After the miraculous economic growth known as the Beijing Consensus, China is now facing a slowdown. The attention has moved to the issue of the middle income trap. This book deals with this interesting issue in the context of China.
Additional text
Lee masterfully synthesizes his own thirty years of observation and analysis of China's technological achievement, providing a comprehensive theoretical framework and extraordinarily rich empirical content, especially in the telecom, automobile, and semiconductor sectors. As China's policy-makers gamble on a new generation of technological change, Lee shows how technological leapfrogging is an indispensable part of broader economic catch-up. Incomparable as a source of insight into the big technology issues shaping--and shaking--China and the world today.
