What is it about?
This paper examines Vietnamese progress in the telecommunication goods industry. Despite its late entry into the regional telecommunication goods industry, Vietnam has overcome its initial technological backwardness. However, Vietnam's continued ability to climb the technological ladder depends on the efficacy of its industrial policy as well as the vitality of its overall science and technological base.
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Why is it important?
The paper shows that developing countries can still acquire technological know-how in a relatively short period of time, provided they are astute in implementing suitable industrial policies. Thus, there is still some opportunities for developing countries to catch-up to their more developed counterparts.
Perspectives
This paper tells us that technological proficiency, like learning, can be acquired by relatively poor and backward countries. It also illustrates the merits of a properly-implemented industrial policy and the role of the state, even in an era of accelerated globalisation in which states are commonly advised not to intervene in the market economy. Vietnam's success also directly contradicts such 'conventional wisdom'.
Dr Guanie Lim
National University of Singapore
Read the Original
This page is a summary of: Managing Technological Development: A Study of Vietnam’s Telecommunication Goods Industry, The Journal of Comparative Asian Development, May 2016, Taylor & Francis,
DOI: 10.1080/15339114.2016.1227272.
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