The Art of Economic Catch-Up: Barriers, Detours and Leapfrogging in Innovation Systems

by Keun Lee

Book Overview

In his previous Schumpeter Prize-winning work, Lee analysed the 'middle-income trap', in which a developing country grows strongly only to plateau at a certain point. Yet certain developing countries, most significantly China, have managed to escape this trap. Building on the conception of the ladder from developing to developed countries being kicked way, this book suggests alternative ways, such as 'leapfrogging', in which latecomers can catch up...

• Format: Hardcover
• Language: English
• ISBN: 1108472877
• ISBN13: 9781108472876
• Release Date: June 2019
• Publisher: Cambridge University Press
• Length: 300 Pages
• Weight: 1.27 lbs.
• Dimensions: 0.7" x 6.0" x 9.0"