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Catch-up Innovation Systems for Emerging Markets 264.0

This is a great book for someone looking at innovation from a theoretical, evolutionary economics standpoint – the papers are good focusing devices for guiding a practical strategy for a country like...

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Emerging Markets Innovation Systems Must Target Diffusion 268.0

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Change Management by Co-evolution of Institutions 273.0

Change management is part of my teaching focus and consulting practice but it clearly just applies at the firm level. At the sector or national innovation systems level, technical change with...

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Competitiveness Demands Social Innovation in Institutions 274.0

None of the five pillars in President Noynoy Aquino’s first Medium-Term Philippine Development Plan (MTPDP), that is being drafted as I write this post, addresses the needed social innovation in...

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Business Model Innovation Triggers Growth and Locks Value 281.0

I have the kernel of a growth framework that can work for firms. It looks like a general framework for emerging markets development that I have been working on in SYNTHESiST for the past two years. I...

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Modern Industrial Policy Discovers Locomotives in Global Supply Chains 297.0

Modern versions of industrial policy and the broader field of development economics are coming back into center stage says Nobel winner Joseph Stiglitz in an IMF blog. This renewal comes after the...

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Postwar Japan Created Modern Industrial Policy and Innovation Systems 302.0

From reading the news everyday, our instinct is to mistrust government as innately corrupt and inept in delivering welfare. Postwar Japan proved otherwise in reviving the country while creating and...

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Manufacturing-Enterprise Resource Planning Enables Plant Productivity 304.0

Implementing the right factory software information systems (ICT) enables productivity for manufacturing firms. ICT is a general purpose technology that, when applied correctly, has been proven to...

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Industrial Policy Wears Many Guises in America from Alexander Hamilton 308.0

Industrial Policy has been equated with Socialism in America from the middle off the 20th century. As an epithet hurled at President Obama typically by tea party members, Socialism is taken today as a...

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Social Return Ought to Be the Basis for Light Train Fare Adjusments 310.0

The recent decision on fare adjustments for the light rail trains seem to me a wrongful application of financial accounting on what is essentially a social service beyond mere transport. Light trains...

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