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November 20, 2008

Comments

Chris Carr

Excellent post. Also great stuff for discussion in an MBA econ course, technology commercialization course and/or strategy course.

David

Chris, do you (or anyone else) know of some previous work done on models describing the complete evolution of industries like this? I am too long away from the academic literature, but the only thing that sticks out in my mind is long discussions about import substitution and comparative advantage.

China's approach goes beyond import substitution, but more important it has developed (by accident or intent) a clear model to go from zero-to-hero with highly complex industries. I am not sure even the Japanese in the heyday of MITI did this, but all I have right now to work with is Robert Lawrence's old study for Brookings that covered U.S. industrial policy. (Man, am I dating myself.)

Chris Carr

Hi David,

Not off hand. Let me check, though, with some colleagues who may have a bead on the answer to your question and current literature and research.

Just returned from China. Great trip! Man, I am exhausted.

Cheers,

Chris.

Chris Carr

Hi David.

Let me see what I can find out from some of my colleagues. I am not current with that literature and body of academic research.

Best,

Chris.

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