The intellectual roots of latecomer industrial development
by John A. Mathews
International Journal of Technology and Globalisation (IJTG), Vol. 1, No. 3/4, 2005

Abstract: I argue that a secure platform for strategising around industrial development can be built on insights from three streams of literature: the latecomer in history (associated with Gerschenkron), and the special advantages that may be derived from recognition of the latecomer effect; latecomer industrial dynamics, and in particular the flying geese patterns of industry transfer from country to country, associated with Akamatsu; and increasing returns, forward and backward linkages and other aspects of disequilibrium dynamics, associated in a development context particularly with Hirschman. These sources place the emphasis where it belongs – on the initiatives taken by the developing country itself utilising strategies that complement disequilibrium industrial dynamics.

Online publication date: Sat, 21-Jan-2006

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