Full Description
This book evaluates the uneven propagation of technological revolutions, investigating the roots of this phenomenon in the absorptive capabilities that are built by countries and regions at the periphery. To understand this global process, this book looks to two dimensions: time and geography. Temporally, the book follows the sequence of technological revolutions in the last 250 years. With regard to geography, the book studies five different regions at the periphery—China, India, Africa, Russia and Latin America—to understand how they differ in the institutional processes that shape their absorptive capabilities. Focusing on each technological revolution and its impact on those five peripheric regions, the chapters illustrate how each region coped with each shock wave emanating from the center. Providing a truly global outlook of a complex system with a dynamic nature, this book will be of interest to researchers and students of development economics, the economics of innovation, evolutionary economics, and the economics of science and technology.
Contents
Introduction.- Chapter 1: Theoretical framework and methodology.- Chapter 2: The impact of industrial revolution on the periphery - an "astonishing reversal".- Chapter 3: Two technological revolutions and a predominantly falling behind period.- Chapter 4: The fourth Long Wave and a predominantly limited catch up phase.- Chapter 5: The invention of the www, a new "reversal" and a new international division of labor.- Chapter 6: Heterogeneity at the periphery and the current reconfiguration of global capitalism.- Conclusion: towards an agenda for international reform.
