Barriers, Detours and Leapfrogging in Innovation Systems
by
Keun Lee
Language: English
Release Date: May 16, 2019
In his previous Schumpeter Prize-winning work, Lee analysed the 'middle-income trap', in which a developing country grows strongly only to plateau at a certain point. Yet certain developing countries, most significantly China, have managed to escape this trap. Building on the conception of the ladder...