The future of science and technology in Southeast Asia

Authors
Citation
Y. Yuthavong, The future of science and technology in Southeast Asia, INT J TEC M, 22(5-6), 2001, pp. 617-627
Categorie Soggetti
Management,"Engineering Management /General
Journal title
INTERNATIONAL JOURNAL OF TECHNOLOGY MANAGEMENT
ISSN journal
02675730 → ACNP
Volume
22
Issue
5-6
Year of publication
2001
Pages
617 - 627
Database
ISI
SICI code
0267-5730(2001)22:5-6<617:TFOSAT>2.0.ZU;2-I
Abstract
The economic turmoil in Southeast Asia, occurring just before the dawning o f the new millennium, highlights the lack of sustainability of the developm ent paths of many countries in this region. While much of the blame can be laid on the weak financial infrastructure and poor corporate governance, on e of the root causes for development unsustainability is the lack of compet itiveness of their economies, in turn resulting from lack of innovative cap ability based on science and technology. This is required in order for thes e countries to make economic transitions necessary for advanced developing economies. The future of these countries is therefore intimately linked wit h the future of their science and technology. A balanced development is req uired, with emphasis placed on niche areas where these countries have strat egic advantages.