TY - BOOK AU - Lee,Keun TI - Innovation-development detours for latecomers: managing global-local interfaces in the de-globalization era SN - 9781009456234 (ebook) AV - HC59.7 .L351628 2024 U1 - 338.9009172/4 23/eng/20230912 PY - 2024/// CY - Cambridge, United Kingdom ; New York, NY PB - Cambridge University Press KW - Economic development KW - Developing countries KW - Technological innovations KW - Economic aspects N1 - Title from publisher's bibliographic system (viewed on 15 Feb 2024); Open Access N2 - Many developing countries still face difficulties initiating and sustaining economic development. Such difficulties have been exacerbated by the COVID-19 pandemic, resulting in an increasing divergence between rich and poor countries. One crucial question is whether to follow the trajectories of present-day rich countries or seek out different, new trajectories. Although this is a fundamental question, scholars offering mainstream prescriptions have not sufficiently explored it. Drawing on extensive empirical studies of firms and industries, Innovation and Development Detours for Latecomers proposes an effective alternative to prevailing development thinking. It presents a rich menu of development pathways, including a new role for Schumpeterian states whereby they do not follow the paths of technological development already taken by advanced countries. Rather, they can skip certain stages and even create their own detours thereby leapfrogging advanced countries in both manufacturing and service sectors. This title is also available as Open Access on Cambridge Core UR - https://doi.org/10.1017/9781009456234 ER -