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The fourth industrial revolution, changing global value chains and industrial upgrading in emerging economies

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  • Keun Lee
  • Franco Malerba
  • Annalisa Primi

Abstract

The 4IR can open windows of opportunity for emerging economies but also raises red flags in terms of the main challenges that these changes pose to firms, industrial systems and policy approaches. Benefiting from it will not be automatic, as these economies suffer from several gaps that hamper their possibility to operate in a digital industrial landscape. However, with a capable entrepreneurial state, developing economies could use the ongoing uncertain and fast-changing scenario to fast track their development. As partnerships become more relevant for innovations due to technological convergence, competition policies and standards to avoid monopolistic positions and excessive concentration are needed to maintain the space for bottom-up innovation.

Suggested Citation

  • Keun Lee & Franco Malerba & Annalisa Primi, 2020. "The fourth industrial revolution, changing global value chains and industrial upgrading in emerging economies," Journal of Economic Policy Reform, Taylor & Francis Journals, vol. 23(4), pages 359-370, October.
    • Handle: RePEc:taf:jpolrf:v:23:y:2020:i:4:p:359-370
    DOI: 10.1080/17487870.2020.1735386
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    Cited by:

    1. Enrique García R & Alvaro Mendez, 2021. "Mañana Today: A Long View of Economic Value Creation in Latin America," Global Policy, London School of Economics and Political Science, vol. 12(3), pages 410-413, May.
    2. Xuwen Cao & Fumitaka Furuoka & Rajah Rasiah, 2023. "Knowledge Mapping of Industrial Upgrading Research: A Visual Analysis Using CiteSpace," Sustainability, MDPI, vol. 15(24), pages 1-21, December.
    3. Pushp, Pushkar & Ahmed, Faisal, 2023. "The global value chain: Challenges faced by ASEAN least developed countries," Journal of Policy Modeling, Elsevier, vol. 45(6), pages 1223-1245.
    4. Fleury, Afonso & Fleury, Maria Tereza Leme & Oliveira, Luis & Leao, Pablo, 2024. "Going digital EMNEs: The role of digital maturity capability," International Business Review, Elsevier, vol. 33(4).
    5. Jun Liu & Xin Jiang & Mengxue Shi & Yuning Yang, 2024. "Impact of Artificial Intelligence on Manufacturing Industry Global Value Chain Position," Sustainability, MDPI, vol. 16(3), pages 1-17, February.
    6. Nian Wang & Yingming Zhu, 2022. "The Integration of Traditional Transportation Infrastructure and Informatization Development: How Does It Affect Carbon Emissions?," Energies, MDPI, vol. 15(20), pages 1-23, October.
    7. Zhou, William Chongyang & Yan, Daying & Sun, Sunny Li, 2022. "Climbing the Ladder: Inward Sourcing as an Upgrading Capability in Global Value Chains," Research Policy, Elsevier, vol. 51(3).
    8. Ron Martin & Flavia Martinelli & Judith Clifton, 2022. "Rethinking spatial policy in an era of multiple crises [An institutional perspective on regional economic development]," Cambridge Journal of Regions, Economy and Society, Cambridge Political Economy Society, vol. 15(1), pages 3-21.
    9. Kruger, Sean & Steyn, Adriana Aletta, 2024. "Developing breakthrough innovation capabilities in university ecosystems: A case study from South Africa," Technological Forecasting and Social Change, Elsevier, vol. 198(C).
    10. Calza, Elisa & Lavopa, Alejandro & Ligia Zagato, 2022. "Advanced digital technologies and industrial resilience during the COVID-19 pandemic: A firm-level perspective," MERIT Working Papers 2022-008, United Nations University - Maastricht Economic and Social Research Institute on Innovation and Technology (MERIT).
    11. Zhang, Hengshuo & Li, Shaoping & Cui, Liying & Li, Liping, 2023. "Energy industry advancedization of dynamic evolution and resource-environment decoupling effect: Evidence from China's value chain upgrading," Energy, Elsevier, vol. 283(C).
    12. Torrecillas, Celia & Martínez, Catalina, 2022. "Patterns of specialisation by country and sector in olive applications," Technology in Society, Elsevier, vol. 70(C).
    13. Liang, Yue & Lu, Wencong, 2024. "Do export tax rebates promote firm upgrading? Evidences from labor-intensive firms in China," Journal of Asian Economics, Elsevier, vol. 90(C).
    14. Artem Stopochkin & Inessa Sytnik & Janusz Wielki & Elżbieta Karaś, 2022. "Transformation of the Concept of Talent Management in the Era of the Fourth Industrial Revolution as the Basis for Sustainable Development," Sustainability, MDPI, vol. 14(14), pages 1-18, July.
    15. Yang Ruilin & Bathelt Harald, 2023. "How outward FDIs affect income: experiences from Chinese city-regions," ZFW – Advances in Economic Geography, De Gruyter, vol. 67(1), pages 47-64, May.
    16. Lorenzo Cresti & Maria Enrica Virgillito, 2023. "Weak sectors and weak ties? Labour dependence and asymmetric positioning in GVCs," LEM Papers Series 2023/10, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.

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