The intellectual roots of latecomer industrial development

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17 Citations (Scopus)

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.

Original languageEnglish
Pages (from-to)433-450
Number of pages18
JournalInternational Journal of Technology and Globalisation
Volume1
Issue number3-4
DOIs
Publication statusPublished - 2005

Keywords

  • Akamatsu
  • circular and cumulative causation
  • collective entrepreneurship
  • flying geese industrial dynamics
  • Gerschenkron
  • Hirschman
  • latecomer development

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