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Technological Specialization and Convergence of Small Countries: The Case of the Late-industrializing Asian NIEs

Author

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  • Poh-Kam Wong

    (Entrepreneurship Centre, National University of Singapore)

  • Annette Singh

    (Entrepreneurship Centre, National University of Singapore)

Abstract

This paper examines the changing pattern of technological specialization of the four small, newly industrializing economies (NIEs) from East Asia as they move up the economic development ladder. In addition, the paper also investigates whether there is convergence or divergence between these NIEs and two reference groups of advanced economies -- eight small, advanced European countries and the G7. We find that the East Asian NIEs had a higher degree of technological concentration than both the group of 8 advanced small European economies and the group of G7 countries, although the differences had narrowed over time. The East Asian NIEs’ technological specialization pattern has also been diverging from those of the small advanced European countries, while converging among themselves (as well as towards the G7 until recently).

Suggested Citation

  • Poh-Kam Wong & Annette Singh, 2005. "Technological Specialization and Convergence of Small Countries: The Case of the Late-industrializing Asian NIEs," Development and Comp Systems 0505011, University Library of Munich, Germany.
    • Handle: RePEc:wpa:wuwpdc:0505011
    Note: Type of Document - pdf; pages: 29
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    File URL: https://econwpa.ub.uni-muenchen.de/econ-wp/dev/papers/0505/0505011.pdf
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    References listed on IDEAS

    as
    1. Archibugi, Daniele & Pianta, Mario, 1994. "Aggregate Convergence and Sectoral Specialization in Innovation," Journal of Evolutionary Economics, Springer, vol. 4(1), pages 17-33, March.
    2. James E. Rauch & Diana Weinhold, 1999. "Openness, Specialization, and Productivity Growth in Less Developed Countries," Canadian Journal of Economics, Canadian Economics Association, vol. 32(4), pages 1009-1027, August.
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    Cited by:

    1. Ma, Tingting & Zhang, Yi & Huang, Lu & Shang, Lining & Wang, Kangrui & Yu, Huizhu & Zhu, Donghua, 2017. "Text mining to gain technical intelligence for acquired target selection: A case study for China's computer numerical control machine tools industry," Technological Forecasting and Social Change, Elsevier, vol. 116(C), pages 162-180.

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    More about this item

    Keywords

    Technological Specialization; Innovation; Patent Statistics; Newly Industrialized Economies;
    All these keywords.

    JEL classification:

    • O - Economic Development, Innovation, Technological Change, and Growth
    • P - Economic Systems

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