Abstract
The article presents a comparative analysis of the experience of macro-planning of innovative strategies and technological modernization of economies in the countries with emerging economies. The analysis was performed on the basis of the authors’ three-component approach, which takes into account the differences between the intensity of technological modernization, structural changes, and global interaction. The authors confirm that there are no common mechanisms of technological modernization within economies of the countries with emerging economies. Instead, we see the proofs of several unique contours of technological modernization with various compromises between intensity, structural changes, and the character of interaction with the global economy. The authors develop the theoretical basis and build a general hypothesis on the characteristics of the processes of technological modernization.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Notes
- 1.
New Structural Economics is a new part of the modern economics that was founded by the researchers of the World Bank and is devoted to new theoretical and practical views on economic development after the 1997-1998 crisis.
References
Solow, R.M.: Technical change and the aggregate production function. Rev. Econ. Stat. 39(3), 312–320 (1957)
Matrizaev, B.D.: Macro-strategies of innovative development and the global economic growth: Macro-economic analysis, trends, and forecasts. – M.: URSS, 256 p. (2018a)
Matrizaev, B.D.: Global innovative leadership: macro-contours and modeling of its conceptual basis. Municipal academy, no. 1, pp. 85–91 (2018b)
Aghion, P., Howitt, P.: A model of growth through creative destruction. Econometrica 60(2), 323–351 (1992)
Akamatsu, K.: A historical pattern of economic growth in developing countries. Dev. Economies 1(1), 3–25 (1962)
Bell, M., Pavitt, K.: Technological accumulation and industrial growth: contrasts between developed and developing countries. In: Archibugi, D., Michie, J. (eds.) Technology, Globalisation and Economic Performance, pp. 25–45. Cambridge University Press, Cambridge (1997)
Bell, M.: Innovation capabilities and directions of development. STEPS Working Paper (Brighton: STEPS Centre) Working Paper no. 33, p. 18–25 (2009)
Cohen, W.M., Levinthal, D.A.: Absorptive capacity: a new perspective on learning and innovation. Adm. Sci. Q. 35(1), 128–152 (1990)
Ernst, D.: Industrial Upgrading Through Low-Cost and Fast Innovation—Taiwan’s Experience. East-West Center Working Paper, Honolulu, p. 133 (2013)
Dutrenit, G.: Learning and Knowledge Management in the Firm: From Knowledge Accumulation to Strategic Capabilities, pp. 57–78. Edward Elgar, Aldershot (2000)
Fagerberg, J., Godinho, M.: Innovation and catching-up. In: Mowery, D.C., Fagerberg, J., Nelson, R. (eds.) The Oxford Handbook of Innovation, pp. 514–543. Oxford University Press, New York (2005)
Grossman, G., Helpman, E.: Innovation and Growth in the Global Economy. MIT Press, Massachusetts (1991)
Hobday, M.: East Asian latecomer firms: learning the technology of electronics. World Dev. 23(7), 1171–1193 (1995)
Imbs, J., Wacziarg, R.: Stages of diversification. Am. Econ. Rev. 93(1), 63–86 (2003)
Koopmans, T.C.: Measurement without theory. Rev. Econ. Stat. 29(3), 161–172 (1947)
Krüger, J.J.: Productivity and structural change: a review of the literature. J. Econ. Surv. 22(2), 330–363 (2008)
Lall, S.: Technological Capabilities and Industrialization, pp. 34–42 (1992)
Lee, K.: Schumpeterian Analysis of Economic Catch-Up: Knowledge, Path-Creation, and the Middle-Income Trap, pp. 35–49. Cambridge University Press, Cambridge (2013)
Lee, K., Kim, B.: Both institutions and policies matter but differently for different income groups of countries: determinants of long-run economic growth revisited. World Dev. 37(3), 533–549 (2009)
Lin, J.Y., Rosenblatt, D.: Shifting patterns of economic growth and rethinking development. J. Econ. Policy Reform. 15(3), 171–194 (2012)
Makino, S., Lau, C., Yeh, R.: Asset-exploitation versus asset-seeking: implications for location choice of foreign direct investment from newly industrialized economies. J. Int. Bus. Stud. 33(3), 403–421 (2002)
Radosevic, S., Yoruk, E.: Why do we need a theory and metrics of technology upgrading? Asian J. Technol. Innovation 24, 8–32 (2016)
Romer, P.M.: Endogenous technological change. J. Polit. Econ. 98(5), S71–S102 (1990)
Verspagen, B.: A new empirical approach to catching up or falling behind. Struct. Change Econ. Dyn. 2(2), 359–380 (1995)
Nelson, R.R.: Recent evolutionary theorizing about economic change. J. Econ. Lit. 33(1), 48–90 (1991)
Radosevic, S., Yoruk, E.: Technology upgrading of middle-income economies: a new approach and results. Technol. Forecast Soc. Change 129, 56–75 (2018)
Rostow, W.W.: The Stages of Economic Growth: A Non-Communist Manifest, Second Enlarged Edition, 1971st edn, pp. 35–42. Cambridge University Press, Cambridge (1960)
Sandven, T., Smith, K., Kaloudis, A.: Structural change, growth and innovation: the roles of medium and low tech industries, 1980-2000. In: Hirsch-Kreinsen, H., Jacobson, D., Laestadius, S., Smith, K., Lang, P. (eds.) Low-Tech Innovation in the Knowledge Economy, pp. 31–63. Peter Lang Publishing, Frankfurt (2005)
Sturgeon, T.J., Gereffi, G.: Measuring Success in the global economy: International trade, industrial upgrading, and business function outsourcing in global value chains. Transnatl. Corporations 18(2), 1–35 (2009)
Von Tunzelmann, G.N.: Technology and Industrial Progress: The Foundations of Economic Growth, pp. 10–15. Edward Elgar Publishing, Aldershot (1995)
Von Tunzelmann, N., Acha, V.: Innovationin‘low-tech’industries. In: Fagerberg, J., Mowery, D., Nelson, R. (eds.) The Oxford Handbook of Innovation, pp. 407–432. Oxford University Press, Oxford (2005)
Wang, J., Blomström, M.: Foreign investment and technology transfer. Eur. Econ. Rev. 36(1), 137–155 (1992)
Findlay, R.: An “Austrian” model of international trade and interest equalization. J. Polit. Econ. 86(6), 989–1007 (1978)
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2020 Springer Nature Switzerland AG
About this paper
Cite this paper
Matrizaev, B.J., kyzy, A.L.M., Sultanova, M.K. (2020). Macro-strategic Planning of Innovational Development and Studying the Three-Component Approach to Modernization Growth. In: Popkova, E., Sergi, B. (eds) Digital Economy: Complexity and Variety vs. Rationality. ISC 2019. Lecture Notes in Networks and Systems, vol 87. Springer, Cham. https://doi.org/10.1007/978-3-030-29586-8_16
Download citation
DOI: https://doi.org/10.1007/978-3-030-29586-8_16
Published:
Publisher Name: Springer, Cham
Print ISBN: 978-3-030-29585-1
Online ISBN: 978-3-030-29586-8
eBook Packages: Intelligent Technologies and RoboticsIntelligent Technologies and Robotics (R0)