The rise of China and India as industrial powers is now regarded as an opportunity rather than a threat for member countries of the Association of Southeast Asian Nations (ASEAN). The paper shows that whether or not this view is consistent with the underlying economic forces depends on the...

In the Asia-Pacific region, there is a growing move to explore a new growth paradigm. Innovation is the central theme of this activity. In Europe, there is a tendency to regard the rise of Asian emerging countries as a threat with their increasing innovative capacity. For Japan, does their rise...