7 What are the reasons behind the late industrialization in the Muslim word Explom
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Alice Amsden, building on the insights of Gerschenkron,[1] identifies Late Industrialization as a particular form of industrialization the study of which is useful for those interested in study of the prospects for material progress in developing countries. Amsden notes that whilst the 1st industrial revolution in the UK towards the end of the eighteenth century, and the 2nd industrial revolution 100 years later in Germany and the US both involved new products and processes, the countries that did not start industrialization until the 20th century tended to generate neither new products nor processes. These, the late industrializers, raised their income and transformed their productive structures using borrowed technology.[2]
Alice Amsden, building on the insights of Gerschenkron,[1] identifies Late Industrialization as a particular form of industrialization the study of which is useful for those interested in study of the prospects for material progress in developing countries. Amsden notes that whilst the 1st industrial revolution in the UK towards the end of the eighteenth century, and the 2nd industrial revolution 100 years later in Germany and the US both involved new products and processes, the countries that did not start industrialization until the 20th century tended to generate neither new products nor processes. These, the late industrializers, raised their income and transformed their productive structures using borrowed technology.[2]Another take on this would be that the 1st industrial revolution was based on invention, the 2nd on the basis of innovation and more recently in the late industrializers are industrializing on the basis of learning.
Alice Amsden, building on the insights of Gerschenkron,[1] identifies Late Industrialization as a particular form of industrialization the study of which is useful for those interested in study of the prospects for material progress in developing countries. Amsden notes that whilst the 1st industrial revolution in the UK towards the end of the eighteenth century, and the 2nd industrial revolution 100 years later in Germany and the US both involved new products and processes, the countries that did not start industrialization until the 20th century tended to generate neither new products nor processes. These, the late industrializers, raised their income and transformed their productive structures using borrowed technology.[2]Another take on this would be that the 1st industrial revolution was based on invention, the 2nd on the basis of innovation and more recently in the late industrializers are industrializing on the basis of learning.Amsden’s uses her thesis of late industrialization to discuss the following countries: South Korea, Taiwan, Brazil, India, possibly Mexico, and Turkey and also Japan although this last country is regarded as, in many respects, special.
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