innovation Archives - Asia Pathways

Dismissal laws, innovation, and economic growth

Krishnamurthy V. Subramanian / June 4, 2018

The appropriate degree of government intervention in private contractual relationships, particularly in employment law, remains a fraught public policy issue. In arguing the detrimental effects of laws that prevent employers from terminating labor contracts with employees, flexible labor market conditions in the United States (US)—exemplified by the common-law “employment-at-will” doctrine—are often contrasted with the rigidities engendered by employment protection provisions in several European countries.

Governance and public sector management

Law, culture, and innovation

Douglas Cumming / November 27, 2017

Many aspects of motivating innovation are painfully obvious, but much research on the topic is segmented depending on the particular issue of interest and the available data for examining that issue.

Economics, Education, Finance sector development, Governance and public sector management

Management quality and innovation

Thomas J. Chemmanur / October 13, 2017

It is well recognized that innovation is an important ingredient in generating the competitive advantage and long-run growth of nations, ultimately affecting their economic development. Thus, there is considerable interest in the determinants of innovation, not only in the corporate sector but also among policy makers around the world and in Asia in particular.

Economics, Finance sector development, Governance and public sector management

Escaping the middle income trap: Innovate or perish

Eva Paus / April 13, 2017

The “middle income trap” captures the situation where a middle income country can no longer compete internationally in standardized, labor-intensive commodities because wages are relatively too high, and it can also not compete in higher value added activities on a broad enough scale because productivity is relatively too low. The result is slow growth, stagnant or falling wages, and a growing informal economy.