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Catching up in the 21st century: Globalization, knowledge & capabilities in Latin America, a case for natural resource based activities

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  • Iizuka, Michiko

    (UNU-MERIT)

  • Soete, Luc

    (UNU-MERIT)

Abstract

The nature of the catching-up process has changed substantially at both the global and local levels over the last decade. The catching up process can no longer be disentangled from the rapid internationalization of science and technology and the globalization of innovation, in which the developing countries have an increasingly important role to play. In the first section, we focus on setting the global scene within which the catching up process operates today. In a second section we study the increasing complexity in the knowledge creation process caused by this dynamic interaction between the global and local levels. We then introduce the relevant types of capacities and explain why different capabilities are required in specific situations, times and locations. In section four, we place these theoretical discussions in a Latin American context to understand catching up opportunities from a regional perspective, focusing on activities based on natural resources.

Suggested Citation

  • Iizuka, Michiko & Soete, Luc, 2011. "Catching up in the 21st century: Globalization, knowledge & capabilities in Latin America, a case for natural resource based activities," MERIT Working Papers 2011-071, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    • Handle: RePEc:unm:unumer:2011071
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    File URL: https://www.merit.unu.edu/publications/wppdf/2011/wp2011-071.pdf
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    References listed on IDEAS

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    2. Iizuka, Michiko & Vargas, Fernando & Baumann, Jakob, 2017. "Financial mechanism to invest in knowledge from natural resource revenues: Experiences from Bolivia, Chile, Colombia and Peru," MERIT Working Papers 2017-042, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    3. Theo C.M.J. van de Klundert, 2013. "Capitalism and Democracy," Books, Edward Elgar Publishing, number 15248.

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    More about this item

    Keywords

    Catching up; Globalization; Knowledge; Capabilities; Natural Resources; Latin America;
    All these keywords.

    JEL classification:

    • O13 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean
    • Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services

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