Through the study of Taiwan's machine tool (MT) industry, this article demonstrates the significance of informal learning activities in LMT industries and the possibility for latecomer clusters to climb the technological ladder through exploiting various local and global informal knowledge linkages.
And, if they cannot, are we saying that those middle-income countries who fail to climb the technological ladder are "trapped" forever?
As a result, says Mr Shenkar, a management professor with a long interest in China, the country is rapidly climbing the technological ladder by learning and stealing from foreigners.
Last, the stronger patent regime has impacts on firms climbing up technological ladders from production to more sophisticated activities.
But when those countries try to climb up the technological ladder, sell more valuable stuff, be more productive, and create better-paying jobs, things get complicated.
This striking shift in energy started in the 1990s with the first deepwater wells in the Gulf of Mexico and Brazil, but it has taken off in the last decade as a result of declining conventional fields, climbing energy prices and swift technological change.
"Like Japan, China is climbing up the ladder of economic and technological development, and using every means at its disposal to do so".
Natural gas prices have skyrocketed over the last few years, bolstered by high energy demand and technological advances that opened up previously tapped fields, and climbed to more than $14 a thousand cubic feet in July 2008.
What a contrast it is to climb aboard these two Beemers and think about the technological distance separating them.
Retina blindness or eye damage is the easiest kind of blindness to remedy by a technological solution, but that's like saying K2 is easier to climb than Everest.
