Industrial Policy for Economic Catch-up in the De-Globalization Era
May 28, 14:00-16:00 followed by a reception
Copenhagen Business School, Dalgas Have Ø.0.89
Speaker:
Keun Lee, Distinguished Professor of Economics, Seoul National University and Otto Mønsted Visiting Professor at CBS
Join us for the launch and panel discussion of Prof. Keun Lee’s latest book Innovation-Development Detours for Latecomers: Managing Global-Local Interfaces in the De-Globalization Era. Prof. Lee proposes an alternative to prevailing ideas on economic development. It argues that the creation of growth poles, whether they may be firms, sectors, or regions, have been possible out of the effective interaction of diverse dimensions of innovation systems, which include the active policy intervention by national or sub-national governments. Most of the successful catching-up experiences have included strategically maneuvering the global-local interface, thereby promoting emergence of locally owned big businesses. Thus, active public policies are needed to overcome the latecomers’ disadvantages of the entry barrier at the middle-income stage. Instead of traditional priority on manufacturing, this book proposes the priority of local ownership and knowledge. The book is available open access from Cambridge University Press.
Discussants:
Arkebe Oqubay, British Academy Global Professor, SOAS University of London
Lindsay Whitfield, Prof of Business and Development, CBS
Cornel Ban, Associate Professor, IOA, CBS