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Working Paper
Determinants of Industrial EmbeddednessRecent developments in policy initiatives as well as some current practical events have combined to put the spotlight on the issue of industrial embeddedness in sub-Saharan Africa. Though extant research documents some stylized facts, as determinants...
Working Paper
Should Africa Industrialize?Africa should industrialize. Without structural change it cannot sustain recent growth. Economies with more diverse and sophisticated industrial sectors tend to grow faster. But since 1980 Africa has deindustrialized. The paper shows that between...
Working Paper
The Impacts of Knowledge Interaction with Manufacturing Clients on KIBS Firms Innovation BehaviourKnowledge-intensive business services (KIBS) have been posited to play a critical role as innovation agent and knowledge broker in the new economy. While a substantial part of the literature on KIBS stresses their function as an innovation agent to...
Working Paper
Are Spatial Networks of Firms Random?We present a new approach for the empirical investigation of agglomeration patterns. We examine the clustering of manufacturing firms by identifying patterns of spatial network formation that deviate from randomly generated networks. Using firm-level...
Working Paper
Global Supply Chains in Chinese IndustrializationChina has undergone remarkable economic growth spearheaded by industrialization. Chinese industry demands a wide variety of raw materials in increasing amounts in order to manufacture all kinds of products. Industrial demand exceeds domestic supply...
Working Paper
The Benefits and Costs of Group AffiliationThis paper investigates the benefits and associated agency costs of using internal capital markets through affiliating with groups using data of two thousand firms from nine East Asian economies between 1994-6. We find that mature and slow-growing...
Working Paper
Context and Policies for the Transformation and Growth of SMEsThis paper analyses the Hungarian experience with SMEs development by highlighting the factors and policies that explain the sector features and dynamics and utilizes this experience to suggest an interpretation of the striking differences with...
Working Paper
Collective Action and Bilateral Interaction in Ghanaian Entrepreneurial NetworksThis paper focuses on the networks of business-related contacts that are built and maintained by manufacturing entrepreneurs in sub-Saharan Africa. It describes the various functions that such networks perform, explaining why each function is...
Working Paper
Employment effects of joining global production networksIs the emphasis placed in trade and industry policy-making in developing countries on the share of domestic value-added (‘value-added ratio’) in exports consistent with the objective of achieving economic development through an export-oriented...
Working Paper
Innovation Capacity and Economic DevelopmentBoth China and India, the emerging giants in Asia, have achieved significant economic development in recent years. China has enjoyed a high annual GDP growth rate of 10 per cent and India has achieved an annual GDP growth rate of 6 per cent since...
Working Paper
Foreign Direct Investment from China, India and South Africa in Sub-Saharan AfricaThe burgeoning literature on outward foreign direct investment from emerging markets has largely focused on analysing the motives of investors as reported by parent companies. This paper, instead, focuses on firm-level investments originating from...
Working Paper
Understanding the Silicon Valley PhenomenaThis paper analyzes the ‘Silicon Valley model’ as a novel economic institution in the domain of technological product system innovation such as computers. We focus on the information structural relationship as well as governance relationships between...
Working Paper
Entrepreneurship, Development, and the Spatial ContextEntrepreneurship has been a topical issue in the business administration literature, but in the past decade a wave of interest can be observed on the role of entrepreneurship in the economic growth literature. This paper aims to highlight the various...
Working Paper
Linkages, Access to Finance and the Performance of Small-Scale Enterprises in KenyaMicro- and small-scale enterprises (MSEs) have become important players in the Kenyan economy, but at the same time they continue to face constraints that limit their development. Lack of access to financial services is one of the main constraints...
Working Paper
Sectoral Engines of Growth in South AfricaManufacturing has traditionally been regarded in the development literature as having special ‘growth-pulling’ or ‘growth-enhancing’ properties. The share of manufacturing in GDP has been declining slightly over time in South Africa, while that of...
Working Paper
Economic Proximity and Technology FlowsIn less than a decade after the end of the apartheid, South Africa has intensified its economic ties with its African neighbours to become one of the top-ten investors and trading partners of many African countries, displacing companies from the...
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