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When Small States Make Big Leaps PDF
By:Darius Ornston
Published on 2012-07-28 by Cornell University Press

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At the close of the twentieth century, Denmark, Finland, and Ireland emerged as unlikely centers for high-tech competition. In When Small States Make Big Leaps, Darius Ornston reveals how these historically low-tech countries managed to assume leading positions in new industries such as biotechnology, software, and telecommunications equipment. In each case, countries used institutions that are commonly perceived to delay restructuring to accelerate the redistribution of resources to emerging enterprises and industries. Ornston draws on interviews with hundreds of politicians, policymakers, and industry representatives to identify two different patterns of institutional innovation and economic restructuring. Irish policymakers worked with industry and labor representatives to contain costs and expand market competition. Denmark and Finland adopted a different strategy, converting an established tradition of private-public and industry-labor cooperation to invest in high-quality inputs such as human capital and research. Both strategies facilitated movement into new high-tech industries but with distinctive political and economic consequences. In explaining how previously slow-moving states entered dynamic new industries, Ornston identifies a broader range of strategies by which countries can respond to disruptive challenges such as economic internationalization, rapid technological innovation, and the shift to services.

This Book was ranked at 27 by Google Books for keyword Biotechnology Industry.

Book ID of When Small States Make Big Leaps's Books is wf2tDwAAQBAJ, Book which was written byDarius Ornstonhave ETAG "7ttc2hVCriw"

Book which was published by Cornell University Press since 2012-07-28 have ISBNs, ISBN 13 Code is 9780801465963 and ISBN 10 Code is 0801465966

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Book which have "248 Pages" is Printed at BOOK under CategoryBusiness and Economics

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