... social interests supply commanding heights economy downstream manufacturing manufacturing network convergence cable Five Year Plans foreign direct investment FDI Mueller Milton L national champions pillar industries socialism China’s political economy the China model cyber nationalism...

... economic patriotism, presents a scenario where there can either be a domestic merger that creates a national champion or an acquisition of one of the domestic firms by a competent foreign rival. Growth of the national champions or foreign enterprises in equal balance depends on the level of trade openness...

... and the local information processing industries in the process. It provides new data on the amount of diffusion and its causes, relying on IBM’s corporate archives. It explains why these countries failed to lead in the IT expansion around the world, failed “national champion” programs and the effects of scale...

... Commercial-No Derivatives 4.0 International licence (CC BY-NC-ND 4.0), a copy of which is available at https://creativecommons.org/licenses/by-nc-nd/4.0/ . Subject to this license, all rights are reserved. This chapter analyzes the evolution of China Mobile—one of China’s pioneer “national champions...

...Table 25.1 China’s National Champions in Fortune Global 500, 2018 Ranking Company Name Revenue (million US$) Profit (million US$) Core business 2 State Grid Corporation of China (SGCC) 3,48,903 9,533 Power grid 3 Sinopec Group...

...Nations around the world differ on the role of industrial policy to nurture “national champions.” Some support and adopt neoliberal approaches that advocate economic liberalization and some encourage strong government protection for national champions. This chapter sheds light on the diverse range...

... firms or industries that face the danger of becoming losers in the face of creative destruction. There are arguments which that posit firms can escape competition through constant innovation. In this chapter, the authors, keeping public expenditure in mind, focus on the national champions at different...

...Inefficient financial markets are believed to generate credit rationing and prevent national firms from exploiting their competitive advantages abroad. This chapter discusses how some governments in the presence of inefficiency encourage national champions by protecting them against competition...

... to be a major stumbling block to market building, in part because many markets— such as energy, transport, healthcare—remained monopolized. Furthermore, statist turns of the 2010s led to nationalization and monopolization in previously privatized sectors. Protectionism and national champions returned, limiting...

... to provide significant innovation that leads to creative destruction; however, it has been found that corporate control turnovers do not lead to change in routines. This chapter examines the dynamic effects of national champions and also measures correlation between these champions and economic growth...

... literature mentions that governments’ protectionist attitudes may create national champions by reducing their cost and making them aggressive in the international market, where they can increase their market share and compete well against foreign rivals. However, the authors believe that strategic trade...

... industry—that is, it embarked on a quest for intensive development. Although the quality of Malaysia’s governance institutions is often praised, Mahathir and his successors granted the national champion auto assembler Proton unconditional protection to enable it to sustain an inefficient supply chain...

... of innovation and growth may be interpreted as suggesting that policies that try to prop up national champions are “mostly bad.” There are exceptions, however, and situations can be identified where temporary or targeted champion-promoting policies can be beneficial. Air France KLM Alitalia Aventis...

... is managing its economic relations with these regions and the economic order China is constructing. Developing country China and Agricultural technology demonstration centers Development Assistance Foreign Aid Free trade agreement FTA International Monetary Fund IMF National Champions Special Economic...

...This chapter surveys the way computing spread across all of Western Europe from World War II to the early years of the twenty-first century, analyzing the patterns of adoption, results of economic conditions, government policies, role of national champions, rise of European computer industries...

... The Economic Observer jishu gushi technology tales Lenovo mao gong ji trade to manufacturing to technology national champions Liu Chuanzhi computer firms Datang Founder Group Great Wall Huawei minying qiye privately managed firms Tongfang Microelectronics WTO World Trade Organization xiaoban qiye...