Insights from industrial organization, Schumpeterian innovation, and economic development theories are used to try to explain firm behavior in cases of successful acquisition of advanced technological assets and international trade competitiveness by Asian and Latin-American countries at an...

For dozens of developing countries, the financial upheavals of the 1980s have set back economic development by a decade or more. Poverty in those countries has intensified as they struggle under the burden of an enormous external debt. In 1988, more than six years after the onset of the crisis,...