Towards a Knowledge-based Economy: East Asia's Changing Industrial Geography
Seiichi Masuyama · Donna Vandenbrink
Jan 2003 · ISEAS Current Economic Affairs Series Book 29 · Institute of Southeast Asian Studies
Ebook
323
Pages
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About this ebook
The evolution of the information and communciations technology (ICT) paradigm is shifting the basis for economic activity from material and labour inputs to knowledge and information inputs, spawning the knowledge-based economy. In East Asia, it is evident that the emergence of the knowledge-based economy is disrupting the flying-geese pattern of development and creating a new industrial geography. This book gives a picture of the shifting industrial geography in the region based on accounts of the status of the knowledge-based economy in ten individual East Asian economies. For some economies the increased production of ICT equipment and services is the pathway to the knowledge-based economy and even to leapfrogging ahead of more advanced economies. Other economies are focused on putting in place the physical and institutional infrastructure to connect to electronic networks and avoid the digital divide. For yet others, the emergence of the knowledge-based economy is expanding their role in the region, adding the role of ICT hub.
About the author
•Seiichi Masuyama is Chief Researcher at the Center for Policy Research of the Nomura Research Institute in Tokyo.
•Donna C. Vandenbrink is economist at the Center for Knowledge Exchange and Creation at Nomura Research Institute and formerly at the Federal Reserve Bank of Chicago.
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