Building Competitive Firms : Incentives and

'Building Competitive Firms: Incentives and Capabilities' explains how firms become competitive in language suitable for both technical and non-technical readers. A simple analytical framework integrates elements such as competition policy, corporate governance, foreign direct investment, innovation readiness, intellectual property rights, e-commerce and supply chain management. These "behind-the-border" elements are pivotal to shaping the investment climate in any country and enhancing the benefits of trade liberalization. Each of these themes is discussed in detail with a focus on policy design and international best practice in implementation.

Preface

ix

Part 1. A Framework for Competitiveness

Building Competitiveness: A Roadmap and Policy Guide

1

(28)

Ijaz Nabi

Manjula Luthria

Measuring Competitiveness

4

(7)

A Framework for Examining Competitiveness

11

(15)

Concluding Remarks

26

(1)

References

27

(2)

Foreign Direct Investment and Competitiveness

29

(30)

Sanjaya Lall

The Growing Importance of Foreign Direct Investment

29

(7)

Traditional and New Determinants of the Location of Foreign Direct Investment

36

(3)

Policy Needs for Foreign Direct Investment

39

(12)

Concluding Remarks

51

(4)

Appendix 2.1 Statistical Analysis of Strategies for High-Technology Competitiveness

55

(2)

Notes

57

(1)

References

58

(1)

Part 2. Aiming for Competitiveness: Incentives

Corporate Governance, Corporate Performance, and Investor Confidence in East Asia

59

(18)

Ijaz Nabi

Behdad Nowroozi

Structural Influences on Corporate Performance

60

(2)

Benchmarking Corporate Governance

62

(3)

Reform of Corporate Governance in East Asia and the Challenges Ahead

65

(6)

Concluding Remarks

71

(1)

Appendix 3.1 Summary Fact Sheet on Corporate Governance in Malaysia

72

(2)

References

74

(3)

Competition Policy, Economic Adjustment, and Competitiveness

77

(21)

R. S. Khemani

Structural and Governance Features of Developing and Transition Market Economies

78

(5)

How Competition Can Boost Corporate Governance

83

(2)

Designing and Implementing Effective Competition Law Policy

85

(8)

Concluding Remarks

93

(1)

Notes

94

(1)

References

95

(3)

Part 3. Achieving Competitiveness: Capabilities

Supporting Technology Generation and Diffusion at the Firm Level

98

(20)

Manjula Luthria

Why Countries Cannot Afford to Miss the Boat

98

(2)

What Firms Need to Improve Their Technological Capabilities---and Why They Can't ``Just Do It''

100

(1)

Building High-Quality Human Capital and Skills

101

(1)

Strengthening Technology Infrastructure and Links with Industry

102

(13)

Concluding Remarks

115

(1)

Note

115

(1)

References

116

(2)

Upgrading Work Force Skills to Create High-Performing Firms

118

(17)

Geeta Batra

Hong Tan

Framework for Analyzing Enterprise Training

118

(2)

Who Is Trained---and How, Why, and with What Effect?

120

(3)

Constraints on Training from the Employer's Perspective

123

(3)

Policy Prescriptions and Experience Promoting Training Markets

126

(6)

Training Programs for the Informal Sector

132

(1)

Concluding Remarks

132

(1)

References

133

(2)

Reaping Efficiency Gains through E-Commerce

135

(14)

Prasad Gopalan

Benefits of E-Commerce

135

(2)

Projected Demand for E-Commerce

137

(1)

The ePlanters Business Concept and Rationale: A Case Study on Investing in E-Commerce

138

(8)

Concluding Remarks

146

(2)

References

148

(1)

Value Creation through Supply Chain Management

149

(16)

Ronald Kopicki

Supply Chains and New Forms of Industrial Organization

149

(4)

Macro Effects of Supply Chain Development

153

(2)

Factors Affecting Supply Chain Development

155

(8)

References

163

(1)

Useful Websites

164

(1)

Protecting Intellectual Property: Why, How Much, How?

165

(17)

Manjula Luthria

Intellectual Property Rights 101, An Introduction

166

(3)

What Are the Claims---and Fears?

169

(3)

Five Ways to Swallow Bitter Medicine

172

(4)

Concluding Remarks

176

(2)

Notes

178

(2)

References

180

(2)

Author Biographies

182

(2)

Index

184

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Building Competitive Firms : Incentives and Capabilities

Summary

Table of Contents

Supplemental Materials