The Emergence and Policy Implications of Converging New Technologies

Author(s):  
MIHAIL C. ROCO
Nova Economia ◽  
2020 ◽  
Vol 30 (spe) ◽  
pp. 1145-1167
Author(s):  
Paulo Henrique Assis Feitosa

Abstract The development experience observed in Korea has been a symbol of successful catch-up for several decades. This process allowed its upward transition from middle income to high-income status and has drawn the attention of many streams of scholars. More recently, emergent research has improved our understanding of this experience and its policy implications for developing countries (Lee, 2013; 2016; 2019). This paper proposes a review of what this literature has to say about the mechanisms behind the successful path followed by Korea and a discussion of lessons to overcome the middle-income trap. It is argued that latecomers do not limit themselves to follow the path of technological development of the advanced countries and that alternative paths are possible. The main policy implication for latecomers is that a successful catch-up is possible yet difficult to achieve because it requires taking detours and leapfroging into new technologies.


2019 ◽  
Vol 38 (1) ◽  
pp. 2-24 ◽  
Author(s):  
Naqeeb Ur Rehman ◽  
Arjona Çela ◽  
Fatbardha Morina ◽  
Kriselda Sulçaj Gura

PurposeWestern Balkans countries (WBCs) have a great potential for growth and among the main focuses of entrepreneurial activity is small- and medium-sized enterprises (SME) sector. Moreover, SMEs are believed to contribute in the economy by stimulating employment, increasing production, transferring new technologies and so forth. Due to this crucial importance the purpose of this paper is to analyze the barriers that hinder labor productivity (LP) of SMEs in WBCs.Design/methodology/approachThe research method employed to discover solution to this research problem is quantitative analysis by using survey data of World Bank. Research methodology applied in this paper found it correctly to use cross-sectional data and conducts a factor analysis and ordinary least square (OLS) regression as the best procedure for this type of data.FindingsThe results show variability for different countries access to finance, tax rates, tax administration, corruption, inadequately educated labor force, competition in informal sector and political instability appear to be some of the main obstacles that are negatively affecting LP of SMEs in WBC.Research limitations/implicationsAlthough this study is the first to analyze all the possible obstacles for the six WBCs using factor analysis better results could be obtained with larger samples and panel data.Practical implicationsThe policy implications of this study suggest that in order to boost productivity of these firms there must be a reduction of the barriers and improvement of business environment. Although, this study is the first to analyze all the possible obstacles for the six WBCs using factor analysis and contributes as insight to policy makers, better results could be obtained with larger samples using panel data.Originality/valueDifferently from previous studies this work uses explanatory factor analysis and method OLS to estimate regressions for all barriers in each country of Western Balkan region.


Energies ◽  
2019 ◽  
Vol 12 (3) ◽  
pp. 389 ◽  
Author(s):  
Mengzhu Xiao ◽  
Sonja Simon ◽  
Thomas Pregger

With an expected accelerated urbanization process until 2050, China is facing big challenges of mitigating CO2 emissions, especially in the eastern coastal metropolitan regions. Since cities are the hubs for innovation regarding new technologies and infrastructures, investments and governance, they are playing an important role in decision-making and implementation processes on the way to a decarbonized economy and society. The national and provincial administrations in China have already started to address the issue of energy system transition toward a low-carbon pathway, but long-term integrated transition plans are not yet available on a regional level. In our paper, we therefore consider the main challenges of the energy system transition, such as efficiency improvement, coal reduction, decarbonization of transport, and multisector electrification with regional integration, focusing on two eastern coastal metropolitan regions of China. A systematic review of current near-term policies reveals how far these challenges have already been addressed on different administrative levels and which gaps may exist from an external perspective. Based on the current decision- and policy-making processes among national, regional, provincial and municipal levels, policy implications are identified with regard to an effective energy system transition in eastern China.


PLoS ONE ◽  
2021 ◽  
Vol 16 (5) ◽  
pp. e0251874
Author(s):  
Maria Molinos-Senante ◽  
Alexandros Maziotis

Evaluating the performance and analyzing the cost drivers of water utilities is of great interest for water regulators and water sector managers. This study uses a quadratic cost function to investigate the existence of economies of scale and scope in the Chilean water and sewerage industry over the period 2010–2017. We also estimate and decompose productivity growth into technical change and scale efficiency change. Technical change is further broken into pure, non-neutral and scale-augmenting technical change. The results indicate that cost savings can be achieved by increases in the scale of production and the separation of water and sewerage services. Productivity progressed favorably throughout the whole period at an annual rate of 8.4%, which was attributed to the scale effect, the adoption of new technologies and a good allocation of resources. Some policy implications are finally discussed based on our findings.


2011 ◽  
Vol 7 (3) ◽  
Author(s):  
Paul Reynolds

When we talk about increasing resource scarcity there is a common assumption that the earth is running out of resources. So, to halt this rapid decline, we must indeed halt economic growth. On the other hand, there are those who believe that resource depletion can largely be addressed with the use of substitutes or by developing new technologies: so, essentially, future behaviours around resource management can be an extension of the past.


2007 ◽  
Vol 21 (2) ◽  
pp. 177-203
Author(s):  
Kwangho Jung

In the information age, literacy skills are becoming increasingly important in the knowledge economy. The use of new technologies in everyday life, changing demands in the labor market, and participation in the globalization process all require higher literacy skills. Although literacy skills are related factors such as demographic characteristics, ethnicity, and language background, schooling has been perceived as a key determinant of literacy skills. This paper reviews important texts in the area of literacy skills and schooling. In addition, relying on the IALS data, this paper identifies relationships between schooling and literacy skills in 20 countries. The article concludes with a discussion of policy implications for improving literacy skills and future research for nonlinear relationships between schooling and literacy skills and endogenous effects of schooling on literacy skills.


2018 ◽  
Vol 55 (5) ◽  
pp. 723-737 ◽  
Author(s):  
GABRIELA COFRE-BRAVO ◽  
ALEJANDRA ENGLER ◽  
LAURENS KLERKX ◽  
MARCELO LEIVA-BIANCHI ◽  
CRISTIAN ADASME-BERRIOS ◽  
...  

SUMMARYThe literature identifies multiple factors that can affect the adoption of new technologies and practices in agriculture to support farm innovation, such as farmers’ socio-economic characteristics and the characteristics of the promoted technology, among others. It has, however, scarcely contemplated the role of the farm workforce in technology and practice adoption. The objective of this study is (i) to describe innovative behaviour and its relation with farmers’ ability to collaborate with the workforce in the adoption process; and (ii) to associate this description with the level of adoption of certain technologies and practices. Structural equation modelling (bifactor model) was used to identify the components of innovative behaviour, and correlation analysis was used to determine the relationship between these components and adoption level. The results show that relevant components of innovative behaviour are farmers’ ability to generate and implement new ideas, to extend their networks and to involve the workforce in the adoption process. Worker involvement proved to be a key factor within the definition of farmers’ innovative behaviour, which additionally shows a positive and significant correlation with the level of adoption of technologies and practices. A main theoretical implication is that research on technology and practice adoption needs to move beyond looking at single owner-managers of (family) farms and incorporate workers into the unit of analysis. The practical and policy implications are that innovation support programmes should give more attention to workforce management, training and skills of owner-managers as transformative and inclusive leaders, as these are essential for technology and practice adoption, and more broadly for innovation capacity.


jpa ◽  
1990 ◽  
Vol 3 (1) ◽  
pp. 13-20
Author(s):  
Farrell E. Jensen ◽  
Robert L. Park ◽  
Daniel B. Waggoner ◽  
David K. Waggoner ◽  
David R. Dyer

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