Template-type: ReDIF-Paper 1.0
Author-Name: Iizuka, Michiko
Author-Email: iizuka@merit.unu.edu
Author-Workplace-Name: UNU-MERIT
Author-Name: Soete, Luc
Author-Email: soete@merit.unu.edu
Author-Workplace-Name: UNU-MERIT
Title: Catching up in the 21st century: Globalization, knowledge & capabilities in 
	 Latin America, a case for natural resource based activities  
Abstract:  The nature of the catching-up process has changed substantially at both 
	 the global and local levels over the last decade. The catching up 
	 process can no longer be disentangled from the rapid 
	 internationalization of science and technology and the globalization of 
	 innovation, in which the developing countries have an increasingly 
	 important role to play. In the first section, we focus on setting the 
	 global scene within which the catching up process operates today. In a 
	 second section we study the increasing complexity in the knowledge 
	 creation process caused by this dynamic interaction between the global 
	 and local levels. We then introduce the relevant types of capacities and 
	 explain why different capabilities are required in specific situations, 
	 times and locations. In section four, we place these theoretical 
	 discussions in a Latin American context to understand catching up 
	 opportunities from a regional perspective, focusing on activities based 
	 on natural resources.
Classification-JEL: O13, O54, Q16
Keywords: Catching up, Globalization, Knowledge, Capabilities, Natural Resources,
	 Latin America
Series: UNU-MERIT Working Papers
Creation-Date: 2011
Number: 2011-071
File-URL: https://unu-merit.nl/publications/wppdf/2011/wp2011-071.pdf
File-Format: application/pdf
File-Size: 275 Kb
Handle: RePEc:unm:unumer:2011071