Abstract
Existing models of competitiveness that are mainly based on experiences of developed countries tend to focus on radical innovations (e.g., Porter 1990). Most previous research assumes that firms in developing countries can follow the same technological paths to achieve competitive advantage. The assumption, thus, became the key point of debate between Justin Lin, the Chief Economist and Senior Vice President of The World Bank, and Ha-Joon Chang, Faculty of Economics, University of Cambridge (Lin and Chang 2009).
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Cited from Professor Carayannis’ lecture in Class, in 2004.
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Wang, V., Carayannis, E.G. (2012). Introduction. In: Promoting Balanced Competitiveness Strategies of Firms in Developing Countries. Innovation, Technology, and Knowledge Management, vol 12. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-1275-5_1
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