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2. The State in A Double Bind: Staying Wealthy in a Changing Global Economy
- Author:
- John Zysman and Dan Breznitz
- Publication Date:
- 04-2010
- Content Type:
- Working Paper
- Institution:
- Berkeley Roundtable on the International Economy
- Abstract:
- Can Wealthy Nations Stay Rich In A Rapidly Changing Global Economy? This was the question with which we began our inquiry several years ago. The policy objective for governments is classic and enduring: sustain the growth of employment and productivity to assure expanding real incomes of the citizens. Success requires that—under free and fair market conditions, the community (firms and populace) can produce goods and services that meet the test of international markets while simultaneously expanding the real income of its citizens. I But the strategies required to achieve the goals and the debates about those strategies have evolved in two different directions, seemingly proposing alternate and contradictory priorities on governments.
- Topic:
- Government and Markets
3. The Services Transformation and IT Network Regulation
- Author:
- John Zysman and Kenji Erik Kushida
- Publication Date:
- 06-2008
- Content Type:
- Working Paper
- Institution:
- Berkeley Roundtable on the International Economy
- Abstract:
- There is currently a fundamental transformation of services, a transformation central to the growth of productivity and competition in the global economy. This transformation, a response to commodification generated by decomposition of production and intensified competition in global markets, is driven by developments in IT tools, the uses they are being put to, and the networks they run on. The service transformation is changing how firms add value, affecting the underlying economic activity in countries around the world.
- Topic:
- Government and Science and Technology
- Political Geography:
- Japan and South Korea
4. Building on the Past, Imagining the Future: Competency Based Growth Strategies in a Global Digital Age
- Author:
- John Zysman, Dan Breznitz, Niels Christian Nielsen, and Derek Wong
- Publication Date:
- 10-2007
- Content Type:
- Working Paper
- Institution:
- Berkeley Roundtable on the International Economy
- Abstract:
- The policy objective for governments is classic and enduring: sustain the growth of employment and productivity to assure expanding real incomes of the citizens. Success requires that “under free and fair market conditions, the community (firms and populace) can produce goods and services that meet the test of international markets while simultaneously expanding the real income of its citizens.” Yet, the logic of competition and value creation in global markets has evolved. Consequently, old strategies of simply supporting the competitiveness of particular national flag firms or chasing smokestacks are clearly obsolete, but merely investing in R or education is not sufficient, and doing nothing is a formula for decline. Regions have to conceive new strategies to find distinctive advantages to support employment and productive activity. Those strategies will need to target competencies, not particular firms or specific sectors. We argue, first, that basic shifts in global markets have altered for firms the logic of value creation and the character of competition. Second, we contend that this changed value logic also alters the policy choices and growth strategies for places, be they regions or nations or simply communities. The focus of and foundation for policy analysis must be the domains of competency that underpin diverse activities of firms and are central to competitive advantage in sectors. Finally, we argue that there are no magic strategy bullets, but rather an array of options and choices. Successful strategies will emerge by building on the past while imagining the future.
- Topic:
- Development, Government, Markets, and Political Economy
5. Governance and Politics of the Internet Economy–Historical Transformation or Ordinary Politics with a New Vocabulary?
- Author:
- Steven Weber and John Zysman
- Publication Date:
- 08-2001
- Content Type:
- Working Paper
- Institution:
- Berkeley Roundtable on the International Economy
- Abstract:
- Driven by two fundamental processes, rapid technological change as well as social innovation and reorganization, a new digital economy, the E-conomy, is emerging. Rather than merely adding an Internet sector to the economy, the E-conomy has brought about tools for thought, tools that transform every sector of the economy by amplifying brainpower the way steam engines amplified muscle power during the Industrial Revolution. For analytic purposes, the rise of the E-conomy can be told as a story composed of 1) networks and tools, 2) e-business and e-society, 3) the productivity dilemma resolved, and 4) governance and politics. In the short run, the transformative processes unleashed by the E-conomy are likely to lead to new bargains among existing coalitions and interest groups. In the long run, the changes underway promise to fundamentally alter the political sociology of vast communities, give rise to new interests and coalitions, and transform the institutional foundation of social, economic and political life.
- Topic:
- Economics, Government, Political Economy, Politics, and Science and Technology