State-firm Coordination and Upgrading in Spain's and Korea's ICT Industries
| Autor: | Garcia Calvo, Angela |
|---|---|
| Rok vydání: | 2020 |
| Předmět: |
Late development
media_common.quotation_subject 05 social sciences Geography Planning and Development Development 050601 international relations 0506 political science HD Industries. Land use. Labor Market economy State (polity) Information and Communications Technology JC Political theory Capital (economics) 8. Economic growth Political Science and International Relations 050602 political science & public administration Business Sustainable growth rate Host (network) media_common |
| Zdroj: | New Political Economy |
| ISSN: | 1356-3467 |
| DOI: | 10.1080/13563467.2019.1708882 |
| Popis: | Generating sustainable growth and reaching advanced economy status depend on the ability of countries to host local, globally competitive firms in skill-, capital-, and knowledge-intensive industries. However, few countries succeed. This paper asks whether state activism is necessary to foster economic transformation at high levels of complexity in the globalisation era, and if so, what strategies are effective. Using evidence from Spain's and Korea's ICT industries since the 1980s, the paper argues that state-firm coordination remains necessary to reach the efficiency frontier in complex industries. However, coordination has shifted from hierarchical structures to nonhierarchical models in which states and firms develop mutually agreed-upon working rules to reach beneficial outcomes. Nonhierarchical coordination may involve adopting different institutional configurations, depending on the identities and capabilities of firms and national governments and on the nature of linkages with other nations. These linkages may lead to alternative pathways to upgrading and diverse productive specialisations. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
|