This chapter argues that the global information technology (IT) industry has become increasingly modularized through the digitization of information and that this modularization manifests itself in the reorganization and relocation of the IT industry. This chapter has three main points. First,...

The rapid emergence of China and India as prime locations for low-cost manufacturing has led some analysts to conclude that manufacturers in the "old economies"-the U.S., U.K., Germany, and Japan-are being edged out of a profitable future. But if countries that historically have been at the...

Based on long-term research, this book comprehensively and systematically discusses the industrialization process in China, analyzing the level, characteristics, achievements and experiences as well as the problems faced. It also provides answers to important questions related to economic...