The emergence of a "second wave" of developing country multinational enterprises (MNEs) in a variety of industries is one of the characterizing features of globalization. This paper documents how emerging markets' MNEs (EM-MNEs) may follow quite different patterns to reach, or at least approach,...

The emergence of firms from East Asian countries in advanced high-technology sectors such as semiconductors, is one of the striking features of world business developments over the course of the past decade. Explanations for the successes of such firms are commonly given in terms of transient,...

While the set of liberalising and fiscally conservative development precepts dubbed the 'Washington Consensus' are now discredited as a tool for development, there is as yet no widely adopted or accepted alternative other than references to the 'East Asian model'. In this paper, we distil the...

It has been argued by some that the substitution of biofuels for gasoline could increase greenhouse gas (GHG) emissions, rather than reduce them. The increase is attributed to the indirect land use change effects of planting new grain and corn crops around the world to replace those...

This paper reviews the experience of Hong Kong's university-based spin-offs and start-up enterprises established by five universities over the past decade and a half. It focuses on their development at both the early and later stages. A principal finding is a relatively high survival rate of 73%...

Two processes are widely viewed as fundamental to the transition from conventional fossil-fuelled energy systems to renewable powered systems that is under way. There is firstly the progressive reduction in costs as investment, or production/energy generating capacity, grows. To see the uptake...

The rise of Asia as an important region for global business has been widely recognized as one of the most significant economic phenomena in the new millennium. This accessible and comprehensive Handbook brings together state-of-the-art reviews of Asian business in an expansive range of areas...

In this paper we extend work previously undertaken in industries such as semiconductor and flat panel displays to investigate knowledge flows from advanced countries (US, Japan and Europe) to catch-up follower countries (Taiwan, Korea and China), this time in the emergent solar photovoltaic...

Despite discussion of a .carbon lock-inÿ and techno-institutional barriers to change, energy studies have had little serious contact with neo-Schumpeterian theorizing on technological .surgesÿ or revolutions and successive waves of creative destruction, which have characterized the entire...

China's industrial transformation of the past thirty years, when its GDP has been increasing by an average of 10% per year, has been underpinned by an energy industrial revolution. Electrical energy is the driver of this transformation, with China utilizing latecomer advantages in building an...