Growth through Innovation : An Industrial Strategy for Shanghai

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dc.creatorYusuf, Shahid
dc.creatorNabeshima, Kaoru
dc.date2014-06-11T18:45:58Z
dc.date2014-06-11T18:45:58Z
dc.date2009-04-22
dc.date.accessioned2026-07-01T01:01:46Z
dc.descriptionIn broad terms, the sources of economic growth are well understood but relatively few countries have succeeded in effectively harnessing this knowledge for policy purposes so as to sustain high rates of growth over an extended period of time (commission on growth and development 2008; Yusuf 2009a). This study argues, however, that a high growth strategy which puts technology upgrading and innovation at the center might warrant a different approach from the one currently favored. It derives from the experience of global cities such as New York and London and the empirical research on industrial performance and on innovation. This has yielded four significant findings: first, monosectoral services based economies grow slowly because they benefit less from increases in productivity and from innovation. Second, manufacturing industries producing complex capital goods, electronic equipment, and sophisticated components are more Research and Development (R&D) intensive, generate many more innovations, are more export oriented, have a solid track record of rising productivity, and having achieved competitiveness, are in a better position to sustain it because the entry barriers to these industries tend to be higher. By giving rise to dense backward and forward linkages these industries can serve as the nuclei of urban clusters and maximize employment generation. Third, industrial cities create many more jobs for a middle class and tend to have a more equal distribution of income than cities which are dominated by services. Fourth, and finally, cities with a world class tertiary education and research infrastructure linked to industry, are more resilient in the face of shocks, more innovative, and better able to reinvent themselves.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2009/04/16283732/growth-through-innovation-industrial-strategy-shanghai
dc.identifierhttps://hdl.handle.net/10986/18613
dc.identifierhttps://doi.org/10.1596/18613
dc.identifier.urihttp://hdl.handle.net/123456789/414413
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectACCESSORIES
dc.subjectAGRICULTURE
dc.subjectASSEMBLERS
dc.subjectAT
dc.subjectATTRIBUTES
dc.subjectAUTOMOBILE
dc.subjectAVERAGING
dc.subjectBASIC
dc.subjectBUSINESS
dc.subjectBUSINESS MODELS
dc.subjectBUSINESS SERVICES
dc.subjectBUYERS
dc.subjectCAPABILITIES
dc.subjectCAPABILITY
dc.subjectCAPACITY BUILDING
dc.subjectCAPITAL DEVELOPMENT
dc.subjectCAPITAL GOODS
dc.subjectCITIES
dc.subjectCOMMODITIES
dc.subjectCOMMODITY
dc.subjectCOMMUNITIES
dc.subjectCOMPARATIVE ADVANTAGE
dc.subjectCOMPARATIVE ADVANTAGES
dc.subjectCOMPETITIVENESS
dc.subjectCOMPONENTS
dc.subjectCONSUMERS
dc.subjectCUSTOMERS
dc.subjectDEVELOPED COUNTRIES
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICIES
dc.subjectDEVELOPMENT STRATEGY
dc.subjectDIMINISHING RETURNS
dc.subjectDIVIDENDS
dc.subjectECONOMIC ACTIVITIES
dc.subjectECONOMIC GEOGRAPHY
dc.subjectECONOMIC GROWTH
dc.subjectECONOMIC PERFORMANCE
dc.subjectECONOMIC RESEARCH
dc.subjectECONOMIC STRUCTURE
dc.subjectEFFICIENCY
dc.subjectELECTRICAL EQUIPMENT
dc.subjectELECTRONIC EQUIPMENT
dc.subjectELECTRONICS
dc.subjectEMPIRICAL RESEARCH
dc.subjectEND USERS
dc.subjectENGINEERING
dc.subjectENGINEERS
dc.subjectENTERTAINMENT
dc.subjectENVIRONMENT
dc.subjectENVIRONMENTAL
dc.subjectENVIRONMENTS
dc.subjectEQUIPMENT
dc.subjectEQUITY
dc.subjectEXPENDITURES
dc.subjectEXPORT MARKET
dc.subjectEXPORTS
dc.subjectFINANCIAL CRISIS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFINANCIAL SECTOR
dc.subjectFORECASTS
dc.subjectFOREIGN DIRECT INVESTMENT
dc.subjectFOREIGN TRADE
dc.subjectFUNDING
dc.subjectGDP
dc.subjectGDP GROWTH RATE
dc.subjectGLOBAL ECONOMY
dc.subjectGLOBAL MARKET
dc.subjectGLOBAL MARKETS
dc.subjectGLOBALIZATION
dc.subjectGOODS
dc.subjectGROSS VALUE
dc.subjectGROWTH RATE
dc.subjectGROWTH STRATEGY
dc.subjectHIGH TECHNOLOGY
dc.subjectHUMAN CAPITAL
dc.subjectINCENTIVES
dc.subjectINDUSTRIAL BASE
dc.subjectINDUSTRIAL ECONOMY
dc.subjectINDUSTRIAL ENTERPRISES
dc.subjectINDUSTRIAL STRUCTURE
dc.subjectINDUSTRIALIZATION
dc.subjectINFLUENCE
dc.subjectINFORMATION
dc.subjectINNOVATION
dc.subjectINNOVATION PROGRAMS
dc.subjectINNOVATIONS
dc.subjectINPUT USE
dc.subjectINPUTS
dc.subjectINSTITUTION
dc.subjectINSTITUTIONAL CAPACITY
dc.subjectINTELLECTUAL PROPERTY
dc.subjectINTELLECTUAL PROPERTY RIGHTS
dc.subjectINTENSIVE GROWTH
dc.subjectINTERMEDIATE INPUTS
dc.subjectINTERNATIONAL BUSINESS
dc.subjectINTERNATIONAL COMPETITIVENESS
dc.subjectINTERNATIONAL TRADE
dc.subjectINVENTION
dc.subjectIP
dc.subjectKNOW-HOW
dc.subjectKNOWLEDGE
dc.subjectKNOWLEDGE ECONOMIES
dc.subjectKNOWLEDGE ECONOMY
dc.subjectKNOWLEDGE WORKERS
dc.subjectLABOR FORCE
dc.subjectLABOR MARKETS
dc.subjectLAGS
dc.subjectLAND
dc.subjectLAND USE
dc.subjectLEARNING
dc.subjectLINKS
dc.subjectLITERACY
dc.subjectLOGISTICS
dc.subjectMANUFACTURING
dc.subjectMANUFACTURING INDUSTRIES
dc.subjectMANUFACTURING INDUSTRY
dc.subjectMARKET SHARE
dc.subjectMARKET SHARES
dc.subjectMARKETING
dc.subjectMATERIAL
dc.subjectMATERIALS
dc.subjectMEDICINE
dc.subjectNATIONAL INCOME
dc.subjectNATURAL RESOURCE
dc.subjectNETWORKS
dc.subjectNEW TECHNOLOGIES
dc.subjectOUTCOMES
dc.subjectPATENTS
dc.subjectPER CAPITA INCOME
dc.subjectPERFORMANCE
dc.subjectPHYSICAL INFRASTRUCTURE
dc.subjectPOLICY
dc.subjectPOLICY SUPPORT
dc.subjectPROCUREMENT
dc.subjectPRODUCERS
dc.subjectPRODUCTION
dc.subjectPRODUCTIVITY
dc.subjectPROFIT
dc.subjectPROFIT MARGINS
dc.subjectPROFITS
dc.subjectPROJECTS
dc.subjectPUBLISHING
dc.subjectRESEARCH CENTERS
dc.subjectRESEARCH INFRASTRUCTURE
dc.subjectRESOURCES
dc.subjectREVENUES
dc.subjectSAN
dc.subjectSCIENCE
dc.subjectSCIENTISTS
dc.subjectSKILLS
dc.subjectSUSTAINABLE GROWTH
dc.subjectSYSTEM
dc.subjectSYSTEMS
dc.subjectTARGETS
dc.subjectTECHNICIANS
dc.subjectTECHNOLOGICAL ADVANCE
dc.subjectTECHNOLOGICAL CAPABILITIES
dc.subjectTECHNOLOGICAL CHANGE
dc.subjectTECHNOLOGICAL INNOVATIONS
dc.subjectTECHNOLOGICAL PROGRESS
dc.subjectTECHNOLOGY
dc.subjectTECHNOLOGY DEVELOPMENT
dc.subjectTECHNOLOGY LICENSING
dc.subjectTECHNOLOGY TRANSFER
dc.subjectTOTAL FACTOR PRODUCTIVITY
dc.subjectTOTAL FACTOR PRODUCTIVITY GROWTH
dc.subjectTRAINING
dc.subjectTRENDS
dc.subjectURL
dc.subjectVALUE ADDED
dc.subjectWAN
dc.subjectWELFARE
dc.subjectWORLD TRADE
dc.subjectWTO
dc.titleGrowth through Innovation : An Industrial Strategy for Shanghai

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