The Challenges of Technology and Economic Catching-Up in Emerging Economies

Unicamp – July 3-4, 2019

The two-day conference will be based on the volume edited by professors Jeong-Dong Lee, Keun Lee, Dirk Meissner, Slavo Radosevic and Nicholas S. Vonortas for Oxford University Press. The lead authors will present final drafts of their respective chapters. An external expert discussant will offer comments on each presentation. Significant time will be allowed for interaction among experts and the public audience.

The Symposium is open to the public.


DGA Auditorium Unicamp – Praça das Bandeiras, 45 – Prédio 1 – Cidade Universitária, Campinas – SP, 13083-869


DAY 1 – Macro Perspectives, July 3, 8am-5pm






Keynote I

Ron Boschma [pdf]


Coffee Break


Session I: New Approaches

Moderator: Sérgio Salles

  •  Economics of Technological Catch-Up and Leapfrogging
    Author: Keun Lee [pdf] | Discussant: Slavo Radosevic
  • Technology Upgrading in Emerging Economies: Models and Paths
    Authors: Randolph Bruno [pdf], Kirill Ossaulenko and Slavo Radosevic | Discussant: Vitaliy Roud
  • Technology Capability Upgrade and Middle Innovation Trap
    Authors: Jeong-Dong Lee [pdf], Chulwoo Baek and Jung-In Yeon | Discussant: Yevgeny Kuznetsov

Session II: Socio-economic Environment

Moderator: André Furtado

    • Evolutionary Spheres Conditioning the Technological Capabilities Accumulation in Latin America.
      Authors: Gabriela Dutrénit [pdf], José Miguel Natera, Martín Puchet and Alexandre O. Vera-
      Cruz | Discussant: Yannis Caloghirou [pdf]
      • Transitions with Non-Technical Capabilities in Korea
        Authors: Jae-Yong Choung [pdf] and Hye-Ran Hwang | Discussant: Eduardo Albuquerque



      Session III: Sustainable Develpment

      Moderator: Marko Monteiro

      • Catching-up or Developing Differently? Techno-institutional Learning with a
        Sustainable Planet in Mind
        Author: Tilman Altenburg [pdf] | Discussant: Keun Lee
      • Innovation for Inclusive Structural Change
        Authors: Tommaso Carli, Maria Savona [pdf] and Jodie Thorpe | Discussant: Otaviano Canuto

      Coffee Break


      Closing Panel – Macro-level Perspectives

      Keun Lee, Slavo Radosevic, Gabriela Dutrénit, Eduardo Albuquerque and Tilman Altenburg

      DAY 2 – Meso/Micro Perspectives, July 4, 8:30am-4:30pm


      Introduction to Day 2 – Objectives for the book


      Keynote II

      Robbert Tijssen [pdf]


      Section IV – Sectors

      Moderator: Dirk Meissner

      • Firm-Level Paths of Technological Upgrading, Windows of Opportunity, and Learning Linkages: Evidence from Natural Resource-Intensive Industries in Brazil
        Author: Paulo Figueiredo [pdf] | Discussant: Janaína Ruffoni
      • Experimentalist Governance for Technology Upgrading: New Industrial Policy Process
        Author: Yevgeny Kuznetsov [pdf] | Discussant: Paulo Zawislak

      Coffee Break


      Section IV – Sectors (continuation)

      Moderator: Dirk Meissner

      • Technological Upgrading of Sectors through the Prism of Shifting Firm-Level Innovation Strategies
        Author: Vitaliy Roud [pdf] | Discussant: Paulo Figueiredo
      • Macro and Micro Foundations for Technology Upgrading and Innovation: The Case of Shipbuilding and Offshore Industry in Brazil
        Authors: André Cherubini Alves [pdf], Nicholas Vonortas and Paulo Zawislak
        Discussant: Gabriela Dutrénit



      Session V: Microfoundations

      Moderator: Sérgio Queiroz

      • Global Value Chains, Innovation Systems and Firm-Level Technological Efforts for Technology Upgrading and Catching-Up
        Author: Carlo Pietrobelli [pdf] | Discussant: Nicholas Vonortas
      • Using Large-Scale Programs to Help Develop Technological Capabilities: Cases in China
        Author: Gao Xudong [pdf] | Discussant: Márcia Rapini
      • From Imitation to Innovation: Challenges of Organizational Change in Brazilian Firms
        Author: Ruy Quadros [pdf] | Discussant: Bruno Fischer

      Closing Panel – Meso/Micro-level Perspectives

      Jeong-Dong Lee, Gao Xudong, Carlo Pietrobelli, Paulo Zawislak and Nicholas Vonortas


      Sergio Luiz Monteiro Salles Filho

      Sergio Luiz Monteiro Salles-Filho is Professor at the Department of Science and Technology Policy at the University of Campinas (Unicamp), in Campinas, Brazil, and the director of the Geosciences Institute at the Unicamp. Prof. Salles-Filho is the coordinator of the FAPESP Impact Evaluation Program and the coordinator of the Laboratory of Innovation Management in the Sugar-Energy Sector (Nagise). He was the Director of the School of Applied Sciences of Unicamp (2010-2013), assessor of the Deputy Minister of Science and Technology (2000), and head of planning of the Brazilian National Agency for Innovation – FINEP (2001-2003). He is the founder of the Group of Studies about Research Organization and Innovation (GEOPI). His research lines are STI policy and management, with emphasis in policy design, R&D planning and management, impact evaluation and foresight studies towards national development and economic and social growth. He has post-doctoral stage at the Manchester Institute of Innovation Research, University of Manchester (UK), PhD in Economics from Unicamp, MA in Energy Applied to Agriculture at the São Paulo State University (UNESP), and B.A. Agronomic Engineering at the Federal University of Rio de Janeiro (UFRJ).

      Sérgio Robles Reis de Queiroz

      Sergio Robles Reis de Queiroz is Associate Professor at the Department of Science and Technology Policy at the University of Campinas (Unicamp), in Campinas, Brazil, and the Coordinator for Research and Innovation at São Paulo Research Foundation (FAPESP). He was Deputy Secretary at the Secretariat for Science, Technology and Economic Development, and Coordinator for Science and Technology at the Secretariat for Development in the São Paulo State Government. Prof. Queiroz was a Visiting Research Fellow at SPRU – Science and Technology Policy Research, University of Sussex, England, in 2000. He has experience in Economy, focusing on Technological Changes, acting on the following subjects: innovations, multinational corporations, automotive industry, pharmaceutical industry, foreign direct investment and technology capabilities. Prof. Queiroz received an engineering degree in 1978, from the University of São Paulo, and his M.Sc. and his D. Phil in Economics in 1987 and 1993, respectively, both from the University of Campinas.

      André Tosi Furtado

      André Tosi Furtado is Professor of the Department of Technological and Scientific Politics at the University of Campinas (Unicamp), in Campinas, Brazil, and the Vice-Rector of Post-Graduate Research at University of Campinas. Prof. Furtado works in the fields of energy and innovation economy. He has published papers on the evaluation of great Brazilian technological programs, with special highlight to Petrobras’ deep-water and the China-Brazil Earth-Resources Satellite programs. Prof. Furtado carried out studies about innovation in sectors such as oil, aerospace and sugarcane. He also developed research on science, technology and innovation indicators applied to the industrial sector of São Paulo and Brazil. He received his BA, MA and Ph.D. in Economics from the Université de Paris I (Pantheon-Sorbonne).

      Paulo N. Figueiredo

      Paulo N. Figueiredo is Professor of Technology and Innovation Management at the Brazilian School of Public and Business Administration (EBAPE) at the Getulio Vargas Foundation (FGV), in Rio de Janeiro, Brazil. He is a researcher studying the process of technological capability building at the level of firms and industries, its causes and consequences for industrial innovation and economic growth in developing economies. He is Senior Research Associate at the Department of International Development, University of Oxford (UK). He holds a PhD in Science and Technology Studies from SPRU – Science Policy Research Unit, at the University of Sussex (UK), MA in Public and Business Administration at the FGV, and BA in Business Administration at the Federal University of Mato Grosso do Sul (UFMS).

      André Cherubini

      Assistant Professor of Managment of Innovation at São Paulo School of Business Administration at Fundação Getúlio Vargas. PhD in Management of Technology and Innovation at the Innovation Research Center in Brazil (NITEC) at Federal University of Rio Grande do Sul. Post-Doctoral at the SPEC/Innovation Systems, Strategy and Policy. Has previously been a Visiting Research Scholar at the Institute for Business Innovation at UC Berkeley. Andre has accumulated ten years of experience on innovation research and consulting in different industrial sectors in Brazil. His PhD thesis focuses on the dynamics of industrial organization in the Shipbuilding and Offshore Sector. His research and professional interests are: innovation and dynamic capabilities of the firm, industrial organization dynamics, innovation and entrepreneurial ecosystems, knowledge-intensive entrepreneurship.

      Bruno Brandão Fischer

      Bruno Brandão Fischer is Assistant Professor at the School of Applied Sciences (FCA), University of Campinas (UNICAMP). His research emphasizes the topics of ecosystems and regional systems of innovation and entrepreneurship. Prof. Fischer holds PhD in Economics and Innovation Management (Universidad Complutense de Madrid, Spain). MSc in Economics and Innovation Management (Universidad Autonoma de Madrid, Spain) and in Agribusiness (Universidade Federal do Rio Grande do Sul, Brazil). Undergraduated in the field of Business Administration with an emphasis in Foreign Trade.

      Márcia Rapini

      Márcia Rapini has experience in Economics, with emphasis on Industrial Economics and Economics of Science and Technology, working mainly on the following topics: university-industry interaction, innovation funding, national innovation system, ST&I indicators. She holds a degree in Economics from the Federal University of Minas Gerais (2000), a Master’s degree (2004) and a PhD (2010) in Economics of Industry and Technology from the Federal University of Rio de Janeiro. Nowadays she is a professor at FACE / UFMG and researcher at CEDEPLAR/UFMG and also colaborates as a professor of the Professional Master’s Degree in Technological Innovation and Intellectual Property and the PhD in Technological and Biopharmaceutical Innovation.

      Ruy Quadros

      Ruy Quadros is Professor of the Department of Technological and Scientific Politics at the University of Campinas (Unicamp). He is the head of Laboratory of Technology and Innovation Management (LABGETI). He worked as a consultant in Vale, Petrobras, ThyssenKrupp, Eletrobras, CEPEL, International Paper, Renault, Visteon, Unilever, Odebrecht and Cacique Alimentos, as well as national entities such as CGEE, MCT, Fapesp and Seade and international companies such as UNIDO, OECD, ECLAC, INTECH and IDE / MITI. His research is concentrated on topics of innovation management, R&D strategies in Brazilian subsidiaries of multinational companies (with emphasis in the automotive sector), and the development of innovation indicators. Prof. Quadros holds a BA from the the FGV’s São Paulo School of Business Administration (EAESP), MA in Political Science from the University of Campinas and PhD in Development Economics from the University of Sussex (UK).

      Ron Boschma

      Ron Boschma is a Professor of Regional Economics at Urban and Regional Research Centre Utrecht (URU). He has been member of the Research, Innovation and Science Experts (RISE) High-Level Advisory Body to European Commissioner Carlos Moedas in 2015-2016. Since 2015, Boschma is Board member of the International Regional Studies Association. Professor Boschma was ranked by Thomson Reuters among the top 1% of cited researchers worldwide in 2014, 2015 and 2016. In 2013, Ron Boschma received a Honorary Doctorate in the Natural Sciences from Marburg University in Germany. He is member of Royal Holland Society of Sciences and Humanities since 2009 and fellow of the Academy of Social Sciences since 2012. Boschma’s main research interests are: evolutionary economic geography, spatial evolution of industries, geography of innovation, proximity and relatedness, structure and evolution of spatial networks, agglomeration externalities and regional growth, and regional diversification. He holds a Ph.D in Economics from Tinbergen Institute (NLD).

      Yannis Caloghirou

      Yannis D. Caloghirou is Professor of Economics of Technology and Industrial Strategy, Director of the Laboratory of Industrial and Energy Economics and Head of the Innovation and Entrepreneurship Unit at the National Technical University of Athens. He has a joint background in engineering (Chemical Engineering, NTUA) and economics (University of Athens), and he holds an M.Sc. in Plant Design (University of Strathclyde) and a Ph.D. in Industrial Economics (NTUA). He has been visiting scholar at SPRU (University of Sussex) and the Center for International Science and Technology Policy (GWU). He acted as the scientific coordinator of many EU-funded and national research projects in the broader field of socioeconomic research related to technology, innovation, entrepreneurship, industry, ICT and the knowledge economy. He has served in top policy-making positions in Greece among them as Secretary General for Industry and as Secretary for the Information Society. He has sat in a number of EU high- level expert and policy groups, and he was co-Rapporteur of the EU High-Level Policy group on the Socio-Economic Benefits of the European Research Area. He was also member of the Governing Board of the European Network of Excellence DIME (Dynamics of Institutions and Markets in Europe). He was the Chairman of the 15th International Globelics Conference on Innovation and Development in Athens. Moreover, he has extensive work experience in industry and in policy advisory, design and evaluation. He has written extensively on topics related to his research in scholarly journals, edited books and the popular and business press. In particular, he is co-editor of three books on European Collaboration in Research and Development (ELGAR, 2004), Knowledge Flows in European Industry (Routledge, 2006), and Dynamics of Knowledge Intensive Entrepreneurship (Routledge, 2016).

      Otaviano Canuto

      Otaviano Canuto, based in Washington, D.C, is a senior fellow at the Policy Center for the New South, a nonresident senior fellow at Brookings Institution, and principal of the Center for Macroeconomics and Development. He is a former vice-president and a former executive director at the World Bank, a former executive director at the International Monetary Fund and a former vice-president at the Inter-American Development Bank. He is also a former deputy minister for international affairs at Brazil’s Ministry of Finance and a former professor of economics at University of São Paulo and University of Campinas, Brazil.

      Tilman Altenburg

      Tilman Altenburg is Head of the Department “Sustainable Economic and Social Development” at the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE), the government-funded think tank for development policy in Germany and he is regularly advising German government and international agencies. Before joining DIE Mr. Altenburg was a research fellow at the Free University Berlin and the Philipps University Marburg. Mr. Altenburg has done empirical research on economic development in Latin America, Asia and Africa, with a focus on competitiveness, industrial and innovation policy. His main theme is how developing countries can design economic policies that enable them to improve their position in the global economy in a way that is socially inclusive. Currently, he is coordinating international research projects on low carbon industrial policy in developing countries. Mr. Altenburg has published about 100 papers on these issues. He received his doctorate in Economic Geography from the University of Hamburg.

      Jeong-Dong Lee

      Jeong-Dong Lee is Professor in the College of Engineering at Seoul National University (KOR). Professor Lee now actively consults for the government and private sector. He served as the Principal Coordinator for the Asia-Pacific Productivity Conference (APPC) in 2006 and as the President for the Korean Productivity Association (KPA) in 2011, and is President-elect for the Korean Corporation Management Association (KOCOMA) for 2017. He was the principal investigator of UNDP (United Nations Development Program) project for the innovation policy case studies for developing countries from 2011-2013. Professor Lee published five books and edited two including “Productivity, Efficiency and Economic Growth in the Asia-Pacific Region” by Springer Verlag in 2008. He also published more than 60 articles in peer-reviewed academic journals. He is one of the editorial board members of Technovation, one of the editorial advisory board memebrs of Science and Public Policy, one of the international advisory board members of National Research University-Higher School of Economics (Moscow), one of the editorial board member for ‘Science, Technology and Innovation Studies’ of Springer Pub. co. His main research topics include industry and firm dynamics, productivity and efficiency analysis, evolutionary economics, and innovation policy. He holds a Ph.D., a M.Phil and a BA in Engineering from Seoul National University (KOR).

      Dirk Meissner

      Dirk Meissner is Professor and Deputy Head of the Institute for Statistical Studies and Economics of Knowledge at Higher School of Economics (HSE), National Research University in Moscow, Russia. He is currently member of international working groups on technology and innovation policy. Professor Dirk represented Switzerland and now the Russian Federation at the OECD Working Party on Technology and Innovation Policy. Prior to joining the HSE Dirk was responsible for technology and innovation policy at the presidential office of the Swiss Science and Technology Council. He also has long experience in top level consulting to key decision makers in industry, headed the business unit industry studies and research with T.A. Cook Consultants which he successfully established and was management consultant for technology and innovation management with Arthur D. Little. He has strong background in science, technology and innovation for policy making and industrial management with special focus on Foresight and roadmapping, science, technology and innovation policies, funding of research and priority setting. He holds a Ph.D. from Technische Universität Dresden.

      Carlo Pietrobelli

      Carlo Pietrobelli is Professor of Economics at University Roma Tre, Italy, Professorial Fellow at UNU-MERIT, Maastricht, and Adjunct Professor at Georgetown University, Washington D.C. He is also policy advisor on innovation and industrial development and policy to governments in Africa, Asia, Europe and Latin America. During 2009-2016 he was a Lead Economist at the Inter-American Development Bank, where he led the preparation of development loans in Latin America and the Caribbean on innovation and industrial policies, and on cluster and value chains programs, small and medium-sized enterprises and local economic development. He was Deputy Rector for promoting links between the University and the private sector and Head of Industrial Liaison Office of the University Roma Tre. His research interests range from development economics to innovation, trade and industry in developing countries. He holds a Ph.D. in Economics from Oxford University (UK).

      Robbert Tijssen

      Robert Tijssen is Professor of Science and Innovation Studies at Leiden University, Netherlands, and Professor at Stellenbosch University, South Africa. He holds a visiting fellowship at University of Bologna (Italy). Professor Tijssen leads the Science, Technology and Innovation Studies (STIS) research program at CWTS. He is member of the editorial advisory board of Research Evaluation, an international peer-reviewed academic journal. His main interests concern the development and application of analytical frameworks and measurement models to assess general trends and patterns within the ‘knowledge triangle’ (higher education, scientific research, technological innovation). Part of his current research agenda are policy-relevant issues related to ‘innovative universities’, ‘research commercialisation’ and ‘academic entrepreneurs’.

      Gabriela Dutrenit

      Gabriela Dutrénit is Professor of the Postgraduate Program in Economics and Innovation Management at the Autonomous Metropolitan University, Xochimilco Unit. She was General Coordinator of the Advisory Scientific and Technological Forum, AC, since 2012. She is a regular member of the Mexican Academy of Sciences (AMC), of the National System of Researchers (SNI), Level III, and of the International Scientific Committee of the Global Network for Economics of Learning, Innovation, and Competence Building Systems (Globelics). She is the coordinator of the LALICS network (Latin American Network for Economics of Learning, Innovation, and Competence Building Systems). She has coordinated various evaluations of Mexican science, technology and innovation policy, as well as managed and conducted the administration of multiple inter-institutional research and advisory projects, both nationally and internationally. In the last 20 years she has accumulated a wide experience in studies on the linkage of universities and research centers with companies, technological learning processes and the construction of technological capabilities in companies, and innovation systems. She holds a Ph.D. in Innovation Economics from the Science Policy Research Unit of the University of Sussex (UK).

      Randolph Bruno

      Randolph Luca Bruno is Associate Professor in Economics at University College London, School of Slavonic and East European Studies. He is also Research Fellow at IZA-Bonn and Senior Reserch Fellow at Fondazione Rodolfo DeBenedetti-Milan. His main research interests include labor economics, comparative economics and the role of institutions and technology in economic development from both a Macro as well as Micro perspective. Randolph Bruno got his Ph.D. in ‘Economics & Management’ in 2006 from the Laboratory of Economics and Management, Sant’Anna School of Advanced Studies, Pisa, Italy. During his Ph.D. he has been visiting student at Berkeley (University of California), research assistant at the Centre for New and Emerging Markets (London Business School) and intern at the European Bank for Reconstruction & Development (London). He has worked as short term consultant for the World Bank on different project. He also joined Fondazione Rodolfo DeBenedetti (Milan, Italy) as Affiliate in 2002. Between 2006 and 2009 he has been Research Fellow at the University of Bologna, Italy. He was Teaching Fellow at University College London, School of Slavonic and East European Studies between September 2009 and June 2010. He has been Lecturer in Business Economics at the University of Birmingham between July 2010 and August 2012. In 2012 he was appointed Lecturer in Economics at the University College London, School of Slavonic and East European Studies and since October 2016 he Associate Professor in Economics. He joined IZA as a Research Affiliate in March 2007 and became a Research Fellow in April 2010. He is also Research Fellow of the Rodolfo DeBenedetti Foundation, whose purpose is to promote applied and policy oriented research on labor markets and welfare systems in Europe (

      Jae Yong Choung

      Jae Yong Choung is Professor at Korea Advanced Institute of Science and Technology (KAIST), School of Business and Technology Management. He is President at The Korea Society for Innovation Management & Economics and Director of Center for Post Catch-up Research Center. He is also associate editors-in-Chief of Asian Journal of Technology Innovation. He has published in international journal on inssues of transitions of innovation in latecomer countries, patters of innovation in South Korea and catching-up in ICT. He holds a Ph.D. in Science and Technology Policy from University of Sussex.

      Gao Xudong

      Gao Xudong is a Professor of Department of Innovation, Entrepreneurship and Strategy at University Tsinghua. He is JABS Editorial Board Member, IJBSR Editorial Board Member, Journal Reviewer: R&D Management, and Conference Reviewer of Academy of Management. He is also provide consulting to companies in China. His main research interests include competitive strategy, technology strategy, management of technological innovation. He obtained a Ph.D. in Management from MIT Sloan School of Management in 2003.

      Yevgeny Kuznetsov

      Yevgeny Kuznetsov is Senior Economist at Economic Policy and Debt Department, World Bank. He is also a Nonresident Senior Research Fellow at the Migration Policy Institute and Senior Advisor to the Skolkovo Innovation Foundation in Moscow. He is specialist in technological innovation and international migration of highly skilled, and focuses on political economy of reforms of innovation and higher education systems. In recent years, he also focuses on diasporas of highly skilled as change agents to promote institutional development in home countries and has published a book and articles on that issue. He obtained a Ph.D in Mathematical Economics from Moscow State University.

      Vitaliy Roud

      Vitaliy Roud is Associate Professor at Higher School of Economics of National Research University (RUS). He is also Deputy Head of the Institute for Statistical Studies and Economics of Knowledge. He was awarded the Prize of Best Teacher in 2018. His main research interests are on empirical studies of innovation, systems of innovation, evidence-based innovation policy, and foresight. He holds a Ph.D. from the Technical University of Berlin and a M.Phil. in Industrial Organisation from New Economic School.

      Slavo Radosevic

      Slavo Radosevic is Professor of Industry and Innovation Studies at School of Slavonic and East European Studies (SSEES) of University College London, UK. He is acting as an expert for the various DGs of the European Commission, as consultant to UN Economic Commission for Europe, World Bank, Asian Development Bank and UNESCO. His research interests are on economics of technological change and innovation studies with special emphasis on countries of central and Eastern Europe. He does research from neo-Schumpeterian perspective in particular exploring issues of growth and structural change through innovation systems, entrepreneurship, international business and innovation policy perspectives. He has published extensively in international journals on issues of innovation and innovation policy in countries of central and Eastern Europe and is editorial board member of Journal of Technological Learning, Innovation and Development and associate editor of Industrial and Corporate Change. He holds a Ph.D. and a M.Phil. from University of Zagreb.

      Maria Savona

      Maria Savona is Professor of Innovation and Evolutionary Economics at SPRU, Science Policy Research Unit at the University of Sussex, UK. She has been Honorary Research Fellow at the Judge Business School, University of Cambridge, UK, and Associate Professor in Economics at the University of Lille 1, France. Over the past years she has been involved in several European Framework Projects. She has advised the IADB (Inter-American Development Bank), ECLAC (United Nation Economic Commission for Latin America and the Caribbean), OECD, NESTA, UK National Endowment for Science, Technology and Arts. She has designed and directed the MSc in Innovation for International Sustainable Development (now Sustainable Development) at SPRU. Her main research interests are on the impact of innovation on employment and wages; the structural change of the sectoral composition of economies; the economics and policy of innovation in services; spatial distribution of innovation and production activities; the effect of barriers to innovation. She has published widely in these areas on international peer-reviewed journals (Journal of Economic Geography, Research Policy, Cambridge Journal of Economics). She is an economist and holds a Laurea in Economics cum laude from the University of Rome “La Sapienza”, and a PhD in Science and Technology Studies from SPRU.

      Keun Lee

      Keun Lee is a Professor of Economics at the Seoul National University, and the winner of the 2014 Schumpeter Prize for his monograph on Schumpeterian Analysis of Economic Catch-up. He is an editor of Research Policy, an associate editor of Industrial and Corporate Change, and a council member of the World Economic Forum since 2016. He served as the President of the International Schumpeter Society (2016-18), a member of the Committee for Development Policy of UN (2014-18). One of his most cited articles is a paper on Korea’s Technological Catch-up published in Research Policy, with 1,081 citations. He obtained Ph.D. in economics from the University of California, Berkeley.

      Paulo Zawislak

      Paulo Zawislak is Professor at the School of Management (EA) of UFRGS. Since 2010, he coordinates the Innovation Research Center (NITEC) with research projects connected to economics of technology and innovation management in firms, industry chains and corporate networks. Besides doing education and research activities in national and international universities, Professor Paulo attends to different experiences of intervention (lectures, workshops, coaching and consulting) with public and private organizations. In 2003, he was awarded by the Research Encouragement Foundation of the State of Rio Grande do Sul as Highlighted Researcher in Technology. He published and presented more than 170 articles in magazines and national and international congresses. He holds a master degree (DEA – 1991) and doctorate (1994) in Economics from University of Paris 7.

      Marko Monteiro

      Marko Monteiro is Professor of the Department of Technological and Scientific Politics at the University of Campinas (Unicamp), in Campinas, Brazil. He is the head of the GEICT – Group for Interdisciplinary Research in Science and Technology. He is a member of the Brazilian Association of Anthropology (ABA) and the Brazilian Association of Social Studies of Science and Technology (ESOCITE-BR). His research lines are focused on remote sensing technologies and the monitoring of deforestation in Brazil. Prof. Monteiro holds a PhD in Social Sciences from the University of Campinas, MA in Social Anthropology and BA in Social Science in the same university.

      Nicholas Vonortas

      Nick Vonortas is Professor of Economics and International Affairs at the George Washington University (GW) in Washington DC, USA. He is a faculty member of the Department of Economics, of the Institute for International Science and Technology Policy, and of the Trachtenberg School of Public Policy and Public Administration. Professor Vonortas currently holds the São Paulo Excellence Chair at the University of Campinas (UNICAMP), Brazil. He is a leading research fellow at the Institute for Statistical Studies and Economics of Knowledge, National Research University Higher School of Economics (HSE), Moscow, Russian Federation. He also serves as a member of the Innovation Policy Forum of the US National Academies of Science. Professor Vonortas is an editor of the peer-reviewed academic journal Science and Public Policy. He holds a Ph.D. and M.Phil. in Economics from New York University (USA), a MA in Economic Development from Leicester University (UK), and a BA in Economics from the National and Kapodistrian University of Athens (Greece).



      Below is a short description of the book rationale and layout with the list of chapter authors.

      Oxford University Press

      Technology Upgrading and Economic Catch-Up

      Jeong-Dong Lee, Keun Lee, Slavo Radosevic, Dirk Meissner, Nicholas S. Vonortas (eds)


      Studies of economic growth have shown that the patterns and rates of long-term economic growth are strongly driven by innovation. Accumulation of technological capabilities driven by innovation activities leads to technology upgrading which in turn leads to growth by deepening and diversifying industrial activities, propelling and fundamentally enhancing growth potential (Abramovitz, 1986; Fagerberg, 1995; Kim and Nelson, 2000; Fagerberg et al., 2007).

      The relationship between technological upgrading and economic growth has been explored through various theoretical frameworks including evolutionary economics, technology accumulation studies, and resource-based view or capability theory (Nelson and Winter, 1982; Lall, 1992, Cimoli et al., 2009). The range of empirical innovation studies have improved our understanding of patterns of technology upgrading across firms, sectors, and countries. In particular, firm-level studies undertaken during the 1980s and 1990s have demonstrated country and sector-specific paths of technology upgrading. These were followed by sector studies during the 1990s which have enriched our understanding of a variety of sector-specific technology paths.

      Extensive research has explored the capabilities at different development stages and identified the characteristics of each stage. For example, Kim (1997) divides technology upgrading in developing countries into the stages of adoption, assimilation, and innovation. The literature has also explored different roles of diverse modes of international technology transfer, i.e. FDI, export, technology licensing, import of capital goods, and exchange of personnel, and the necessary absorptive capacity required for successful technology upgrading (Amsden, 2001).

      However, the globalisation of the past few decades, driven to a large extent by the proliferation of global value chains, has led to significant changes in patterns of technology upgrading and especially to new modes of interaction between domestic technology efforts and external sources of technological knowledge. The market opening of previous ‘Second’ and ‘Third World’ countries including China has led to new dynamics of technology accumulation and interaction among emerging and developed economies. Whether this new dynamics will lead to so-called ‘Shifting Wealth II’ (OECD, 2014) of continuing increase in the economic importance of emerging economies will ultimately depend on whether their productivity growth will be driven by technology upgrading. Moreover, past experiences show that successful technology upgrading is not a passive and autonomous process but active and coordinated activity orchestrated by a variety of state and non-state actors. Thus, many studies discussed the rationale, extent, scope, and method of policy intervention (Cimoli et al., 2009; Mazzucato, 2013).

      There have been some empirical studies that show that technology upgrading is a crucial distinction between the countries that successfully overcame the growth slowdown of middle-income countries like East Asian countries and those that are still stalled like Latin American countries (Lee, 2013a; Paus, 2017). Countries may reach middle-income by leveraging latecomers’ advantages, such as shifting resources to more productive sectors and importing capital from developed countries. However, growth and technology upgrading is a non-linear process, and the failure of countries to deepen and diversify the industrial structure and technological knowledge (Lee, 2016; Vivarelli, 2016) limits their transition to high-income status. This issue requires a better understanding of both the actual paths of technology upgrading in emerging economies but also new conceptual and theoretical understanding of these issues. We are now witnessing some important literature discussing technology upgrade and growth performance especially focusing on cases of middle-income countries (Radosevic and Yoruk, 2016; 2017; Vivarelli, 2016).

      However, our understanding of current challenges of technology upgrading of emerging economies is sparse, unsystematic and scattered. If we are to understand the dynamics of ‘Shifting Wealth’ we need to understand better the patterns of technology upgrading of the emerging economies and the main challenges that they are facing in this process. We believe that there is a need for ‘grand synthesis’ type of volume which would systematise, and evaluate the existing knowledge on processes of technology upgrading of emerging economies at firm, sector and international levels.

      Need for such synthesis is also prompted by the recent phenomenon of a growth slowdown in emerging economies which has been described as a middle-income trap (cf. Felipe, 2012; Aiyar et al., 2013; Eichengreen et al., 2013). The issue that underpins this book project is real and urgent, drawing not only on interests of academics but equally of policymakers in middle-income emerging economies looking to understand the cause of growth slowdown better.

      The book aims to build on these attempts and provide a rich synthesis of our current knowledge on these issues and outline new research and policy perspective.

      Objective and Key Questions

      This Book aims to synthesise the existing knowledge on the technology upgrading failures as well as successes to understand challenges of technology upgrading in the process of economic catch-up. The objective is to bring in one volume diverse evidence regarding three major dimensions of technology upgrading: paths of technology upgrading, structural changes in the nature of technology upgrading and the issues of technology transfer and technology upgrading (Radosevic and Yoruk, 2017) as well as synthesize state of the art knowledge on the institutional and policy issues involved in technology upgrading for economic catch-up.

      The key feature of the volume is that it aims to be a synthesis of state of the art in the area of technology upgrading of the emerging economies. To our knowledge, there is not yet such ambitious attempt to synthesise knowledge which spans across different levels (firm, sectoral, and macro) and across different though closely related dimensions of technology upgrading. Also, the Handbook will have global coverage with chapters and authors summarizing research from all the major global macro-regions (Asia, Eastern Europe, Latin America, Africa,).

      Why synthesis? We believe that academic and policy-relevant research needs to take stock of the area to make further progress. Continuous pressures to produce new original and too often incremental bits and pieces of papers has led to a very poor understanding of the overall direction of research inquiry. Hence, we see a strong need for synthesis which will not only make sense of the diffused and disparate knowledge frontier but which will also outline a direction for new research. In fact, the more disparate and diverse research frontier the stronger there is need to reinterpret and re-evaluate the existing knowledge. The overall ambition is to produce a paradigmatic change in our understanding of the challenges of technology upgrading in middle-income countries. In particular, this applies to:

      • the recent challenges induced by globalisation, the proliferation of global value chains, and increased dependence of the middle-income economies on technology upgrading through global supply chains;
      • induced processes of deindustrialisation of some middle-income economies

      Major research questions which provide the background for the synthesis include:

      • What have we learnt from past paths of firm-level technology upgrading in emerging economies?
      • What are paths of technology upgrading in the context of fragmentation of production and technology networks?
      • What is the relevance of dominant macro level scoreboards for understanding processes of technology upgrading of emerging economies?
      • How structural change towards services affects technology upgrading?
      • Is premature industrialisation of middle-income economies harmful to their technology upgrading?
      • What are the stylized facts of the relationship between growth and diversification of technology knowledge?
      • How trade in tasks affects technology upgrading of the emerging economies?
      • What are the effects of fragmentation of global production networks on the acquisition of firm technological capabilities?
      • Is there ‘middle innovation’ trap and how it relates to middle-income trap?
      • Do regional and national features require dedicated approach to upgrading?
      • What are major differences in technology upgrading across middle income economies among the world macro-regions?
      • How differences between countries regarding openness of their innovation system affects their technology upgrading?  What are trade-offs involved in this process?
      • What are major stylized features of innovation systems, financial systems and public sectors facilitating technology upgrading during catch-up and post-catch up stages?

      One important debate in the background is the problem of middle innovation trap. This is a phenomenon of a halt in technology upgrading process which is experienced not only by middle-income economies but also by economies that have escaped the middle-income trap successfully but are now experiencing growth stagnation. The examples are the slowdown of the formerly rapidly growing Asian countries, and the stagnation of growth in some European countries which have all escaped middle-income trap but have faced growth stagnation which has much to do with the slowdown or halt in their technology upgrading process. These countries may be considered as being in a middle-innovation trap rather than in a middle-income trap in the sense that their technology upgrading process has halted.

      Book Structure

      The Challenges of Technology and Economic Catch-Up in Emerging Economies
      Section Chapter
      Acknowledgments, Preface, Table of Contents, Glossary, etc.
      1 Introduction: rationale, context and challenges
      1 1 Editors Introduction
      Conceptual and theoretical issues
      1 2 Roberto Mavilia (Bocconi U, Italy)
      Keun Lee* (Seoul National University)
      A review of catch-up: evolutionary economics and the global value chain
      1 3 Jan Fagerberg (University of Oslo, Norway)
      Martin Srholec (CERGE-EI, Czech Republic)
      Capabilities, Competitiveness, Nations
      1 4 Tilman Altenburg (German Development Institute, Germany) Catching up or developing differently? Techno-institutional learning with a sustainable planet in mind
      2 Paths of technology upgrading
      2 5 Paolo Figueiredo (Getulio Vargas Foundation, Rio de Janeiro, Brazil) Firm-level paths of technological upgrading, windows of opportunity, and learning linkages: Evidence from natural resource-intensive industries in Brazil
      2 6 John Mathews (Macquarie U, Australia; LUISS Guido Carli U, Italy) Beyond Path Dependence: Technological Leapfrogging in Green Growth and Green Development
      2 7 Randolph Bruno
      Kirill Osaulenko
      Slavo Radosevic* (University College, London)
      Technology Upgrading in Emerging Economies: Models and Paths
      3 Structural changes and technology upgrading
      3 8 Tommaso Ciarli (SPRU, University of Sussex, UK)
      Maria Savona (SPRU, University of Sussex)
      Jodie Thorpe (IDS)
      Innovation for inclusive structural change
      4 International technology transfer and technology upgrading
      9 Carlo Pietrobelli (University Roma Tre, Italy, and UNU-MERIT, Netherlands) Global Value Chains, Innovation Systems and Firm-level Technological Efforts for Technology Upgrading and Catching-Up
      10 Ruy Quadros (University of Campinas, Brazil) From imitation to innovation: Challenges of organizational change in Brazilian firms
      5 Institutional failures and successes in technology upgrading
      5 11 Andre Alves Cherubini (FGV, Brazil)
      Nicholas Vonortas (George Washington University)
      Paolo Zawislak (Federal University of Rio Grande do Sul)
      Mission-Oriented Policy for Technology Upgrading and Innovation: The Case of Shipbuilding Industry in Brazil
      5 12 Jae Yong Choung (KAIST, South Korea)
      Hye-Rang Hwang (Deajeon Development Institute, South Korea)
      Transitions with Non-technical Capabilities in Korea
      5 13 Yevgeny Kuznetsov (World Bank, USA)

      Charles Sabel (Columbia University)

      Fomenting Institutions Capable of Accountable Experimentation
      5 14 Jeong-Dong Lee (Seoul National University, South Korea)
      Chulwoo Baek (Duksung Women’s University, South Korea)Jung-In Yeon (Seoul National University, South Korea)
      Technology Capability Upgrade and Middle Innovation Trap
      6 Technology upgrading in emerging economies: policy challenges and research directions
      6 15 Gabriela  (Universidad Metropolitana, Mexico)
      Miguel Natera
      Alexandre O. Vera-Cruz (Mexico)
      Evolutionary spheres that condition the technological capabilities accumulation in Latin-America
      6 16 Xudong Gao (Tsinghua University, China) Using large-scale program to help technological capability development in China
      6 17 Vitaliy Roud (National Research University Higher School of Economics, Russian Federation) Technological upgrading of sectors through the prism of shifting firm-level innovation strategies
      7 Conclusion
      7 18 Editors Conclusion


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