Incentives or Industrial Policy for Economic Growth? 240.0

William Easterly criticized his fellow economists in international financial institutions for failing poor countries in their elusive quest for growth in his ‘hard-nosed’ (Solow) and ‘original’ (The Economist) 2001 book. In the Preface to this edition (2002), he writes “the World Bank encourages gadflies like me to find another job.” He had to move on [...]

Learning from China and Indigenous Innovation 224.0

In China, they have a saying, “one cannot step into the same river twice.” Lu Qiwen first wrote about the China brand of national innovation systems, Indigenous Innovation, in China’s Leap into the Information Age: Innovation and Organization in the Computer Industry (Oxford, 2000). It seems, that the mode of national innovation system as described [...]

Learning from the National Innovation Systems of Emerging Japan 221.0

As with China now, emerging market Japan was accused of using an undervalued currency to build an export machine. Indeed, they may have dragged increasing the value of their currency to maximize yen returns until it became untenable for the country. Still, there were other explanations for their success that involved social innovations like Toyota [...]

Learning from the National Innovation Systems of South Korea 213.0

Filipino progressives would love to emulate the strong state approach of Korea to attain industrialization. Alice Amsden, a heterodox economist, wrote Asia’s Next Giant, South Korea and Late Industrialization in 1989, the same year as the fall of the Berlin wall, and described the successful Korean breakout experience to developed country status. Agreeing with some [...]

Change Management in Computerization as Case for Innovation Systems 208.0

Implementing computerization follows the global innovation S-curve The Philippines recent experience with implementing automated elections proves a similar climb up the S-curve with some path creation as with the experience in the United States. The productivity benefits of the personal computer that was introduced in the late 1970s and diffused quickly since then only showed [...]

Learning National Innovation Systems from Taiwan 204.0

Much can still be learned but for Post-industrial Philippines. Professor Chu Wan-wen was one of the speakers at the 7th Asialics Roundtable session in Taipei. Her talk on Taiwan and “second-mover advantage” made me look up and buy her book, Beyond Late Development, (with Alice Amsden). Today, I just finished reading the book. I am [...]

7th Asialics Conference, Taipei, Taiwan, ROC 200.0

Attending the 2009 Asialics in Hongkong a ‘Game Changer’ for SYNTHESiST Asialics is shorthand for its mouthful of a name: Asian Network Network for the Economics of Learning, Innovation and Competence-Building Systems. The 2010 Conference has the theme Global Recession and Reform of Innovation Systems in Asia and is organized by Chung-Hua Institution for Economic [...]

Bass Model Captures Diffusion of Innovation 190.0

Proposal for a new survey metric for innovations from emerging markets Global surveys on innovation are biased for the developed world because they use proxy metrics like patents issued, R&D spending, number of PhD accepted or journal papers published that are taken from the science-oriented and citation-based innovation model that applies well to the developed [...]

Learning Curve Effect of Classic Chinese-Filipino Pricing Policy 182.0

Entrepreneur-students of the 1st EDP at AIM help draw an insight Scholars and analysts often derive their theories after practitioners in the real world have been implementing them successfully for years. At the first ever Entrepreneurship Development Program (EDP) at the Asian Institute of Management (AIM), my class found a key insight linking the classic [...]

Learning Innovation Systems from Small Developed Nations 178.0

Hypothesis on systems of innovation for emerging markets from Denmark, Israel and New Zealand Filipinos, in general, are America-centered especially in learning about new things. In one sense, this is correct as America leads the world in many technologies. In another, it is not appropriate because there can be no bigger disparities than between America [...]

Social Innovation and Infrastructure in an Emerging Market 174.0

Fiesta and infra are muscle and bone of the Philippine body politic On the way back from a conference in Tagaytay on Thursday, I took a wrong turn and luckily ended up at the fiesta celebration and Karakol procession at Paligawan, Silang in Cavite. Fiesta. Critics have charged fiestas as wasteful. Yet, as with Ben [...]

SYNTHESiST Surveys on Philippine Financial Problems 168.0

A screening poll for SYNTHESiST readers to know ourselves more I have created a screening survey below (on 2/2 posted on Sidebar, too.) to know how the group’s choices affect innovation, in the long term. Please choose one answer as honestly as you can. Your choice represents an important part of the collective voice of [...]

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