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Begin New Search Topic Markets Author Dan Breznitz

1. 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

2. 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