Emerging Knowledge Economies In Asia: Current Trends In Asean-5 (routledge Studies In The Modern World Economy)

The book aims to identify key issues and developments in ASEAN-5 that illustrate the transition of this region towards a knowledge-based economy. The book contributes to understanding the opportunities and challenges faced by emerging economies. It explains the transition process from a knowledge based perspective, showing how knowledge creation and innovation contribute to the competitiveness of companies and sectors in this region. The book takes a distinctly ASEAN perspective by discussing examples of the transition process from all ASEAN 5 nations that show how this region is attempting to link up to the global knowledge economy of the 21st Century. To achieve these aims the book is divided into three parts, preceded by an introductory chapter explaining the logic, objectives and contributions of the book. Part I discusses ASEAN-5 as an emerging hub in the global economy. Part II discusses the global links of the ASEAN region. Part III highlights innovation support in the ASEAN region. Each part identifies key developments and discusses relevant challenges and opportunities regarding the economic transition process based on examples for the various ASEAN-5 nations. The book contributes to the literature on emerging economies by explaining their challenges and opportunities of the catching-up process from a knowledge-based perspective. It is definitely a must-read. Cover 1 Emerging Knowledge Economies in Asia 2 Title Page 12 Copyright Page 13 Table of Contents 14 List of illustrations 16 Notes on contributors 18 1 Introduction: Asian knowledge economies 24 2 Regional headquarters in ASEAN: do they add or destroy value? 36 3 Location criteria evaluation and potential for regional treasury centres in Brunei Darussalam as a regional hub for Islamic finance 58 4 ASEAN global electronic commerce tax hub (GetH): Brunei Darussalam as the hub for GetH 71 5 Exploring green supply chain management drivers: evidence from manufacturing firms in Malaysia 86 6 The Indonesian automotive industry in the global–local production networks of ASEAN 98 7 The role of public R&D funding in innovation systems of East Asian and ASEAN catch-up countries 117 8 Latest issues in economic development and a national innovation system in Thailand 150 9 The role of local creative entrepreneurs in shaping creative cities in Indonesia 178 Index 197 This book aims to identify key issues and developments in ASEAN-5 that illustrate the transition of this region towards a knowledge-based economy