China's technological leapfrogging and economic catch-up : a Schumpeterian perspective / Keun Lee.

"After a miraculous economic growth, spurred by the Beijing Consensus, China is now facing a slowdown. This book deals with the interesting issue of the middle-income trap--the phenomenon of the rapidly growing economy of a country stagnating at the middle-income level--in the context of China....

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Bibliographic Details
Main Author: Lee, Keun, 1960- (Author)
Format: eBook
Language:English
Published: Oxford : Oxford University Press, 2021.
Edition:First edition.
Subjects:
Online Access:Click for online access

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050 4 |a HC427.95  |b .L44 2021 
049 |a HCDD 
100 1 |a Lee, Keun,  |d 1960-  |e author.  |1 https://id.oclc.org/worldcat/entity/E39PBJvHbFRCKPFKvM3hYPvGpP 
245 1 0 |a China's technological leapfrogging and economic catch-up :  |b a Schumpeterian perspective /  |c Keun Lee. 
250 |a First edition. 
264 1 |a Oxford :  |b Oxford University Press,  |c 2021. 
264 4 |c ©2021 
300 |a 1 online resource (704 pages) :  |b illustrations, charts 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
504 |a Includes bibliographical references and index. 
520 |a "After a miraculous economic growth, spurred by the Beijing Consensus, China is now facing a slowdown. This book deals with the interesting issue of the middle-income trap--the phenomenon of the rapidly growing economy of a country stagnating at the middle-income level--in the context of China. It also discusses China's limitations and future prospects, especially after the onset of a new "cold war" between China and the US, and in particular whether it would fall into the "Thucydides trap," the conflict between a rising power and the existing hegemon. This book plays around three key terms, the Beijing Consensus, the middle-income trap, and the Thucydides trap, and applies a Schumpeterian approach to these concepts. It also conducts a comparative analysis examining China from an "economic catch-up" perspective. Economic catch-up starts with learning from and imitating a forerunner, but a successful catch-up requires leapfrogging, which implies a latecomer doing something different from, and often ahead of, a forerunner. Technological leapfrogging may lead to technological catch-up, which means reducing the technological gap, and then to economic catch-up in living standards and economic size. This linkage between technological and economic catch-up corresponds exactly with a similar linkage between the Beijing Consensus and escaping (or not) the middle-income and Thucydides traps. The book concludes that China's successful rise as a global industrial power has been due to its strategy of technological leapfrogging, which has enabled it to move beyond the middle-income trap and possibly the Thucydides trap, although at a slower speed"--Publisher's description. 
588 |a Description based on online resource; title from home page (viewed on August 4, 2022). 
650 0 |a Economic development  |z China  |x History  |y 21st century. 
651 0 |a China  |x Economic conditions  |y 2000- 
650 0 |a Technology  |z China  |x History  |y 21st century. 
650 7 |a Technology  |2 fast 
650 7 |a Economic development  |2 fast 
650 7 |a Economic history  |2 fast 
651 7 |a China  |2 fast  |1 https://id.oclc.org/worldcat/entity/E39PBJcrd4RjtCBk4wfMhTwwG3 
650 7 |a Industry & industrial studies.  |2 thema 
650 7 |a Industry.  |2 ukslc 
648 7 |a Since 2000  |2 fast 
655 7 |a History  |2 fast 
758 |i has work:  |a China's Technological Leapfrogging and Economic Catch-up (Text)  |1 https://id.oclc.org/worldcat/entity/E39PCXTRctk9dbHwTCQjWhkHcq  |4 https://id.oclc.org/worldcat/ontology/hasWork 
776 0 8 |i Print version:  |a Lee, Keun, 1960-  |t China's technological leapfrogging and economic catch-up.  |b First edition.  |d Oxford ; New York, NY : Oxford University Press, 2021  |z 0192847562  |w (DLC) 2021940864  |w (OCoLC)1261303411 
856 4 0 |u https://holycross.idm.oclc.org/login?auth=cas&url=https://academic.oup.com/book/39050  |y Click for online access 
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994 |a 92  |b HCD