MGMT3102 Lecture Notes - Lecture 1: Four Asian Tigers, Emerging Markets, Competitive Advantage
Document Summary
Mgmt3102 lecture one: competitive advantage in asia. Indonesia dutch: philippines us, vietnam french, korea and taiwan japanese, asian tigers, south korea, taiwan, hong kong, singapore, sustained growth rates of 7-8% from 1960s, doubled gnp each decade. Japan: became an industrial country by 1930s through exports of watches, textiles. In the region, japan today is one of the largest investors, exporters, source of foreign, technology, source of capital and aid: asean formed in 1967 malaysia, indonesia, thailand, philippines, brunei, vietnam, Singapore, cambodia, myanmar, laos: nie similarities, universal export policies, high gdp growth rate, high export growth, strong government business relations, high saving rates amongst, emphasis on education, outward looking business-oriented governments, developed nations. Industrial revolution in england: competitive advantage in new technology, chemicals, electricity, locomotives, steamship, telegraph, professional managers with formal r+d, proprietary technology, nies. Innovation production marketing: no competitive advantage in new products or processes, higher government role to prevent market failure.
