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Rajah Rasiah

Bio: Rajah Rasiah is an academic researcher from University of Malaya. The author has contributed to research in topics: Productivity & Foreign ownership. The author has an hindex of 32, co-authored 335 publications receiving 4190 citations. Previous affiliations of Rajah Rasiah include National University of Sciences and Technology & National University of Malaysia.


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Abstract: This book discusses historically the emergence and contribution of foreign capital in Malaysia's industrial development. After an extensive review of the extant literature on the development implications of foreign direct investment, the book uses different methodologies to evaluate the contribution of foreign capital to industrialization in the country. One chapter discusses using historical work the significance of foreign capital in the emergence of industrialization in colonial Malaya. The book that examines using Kaldor's increasing returns methodology to examine in aggregate terms the significance of manufacturing FDI in the national economy, and in the individual manufacturing industries using trade ratios, productivity and linkage coefficients. The final two analytical chapters uses a novel snowballing data collection methodology to examine pecuniary and technological spillovers from foreign firms onto local firms.

168 citations

Journal ArticleDOI
TL;DR: In this article, the authors examined the influence of flexible production systems on the development of local sourcing and found that flexible production system in electronics components transnationals in Malaysia stimulated the growth of local machine-tool firms.
Abstract: This paper examines the influence of flexible production systems on the development of local sourcing. Using information gathered on production relationships between firms, it shows that the introduction of flexible production systems in electronics components transnationals in Malaysia stimulated the growth of local machine-tool firms. A combination of market forces and cooperation strengthened subcontracting links between electronics components transnationals and local machine-tool firms such that the latter experienced considerable technological broadening and deepening, thereby transforming them from simple parts to high-precision tooling and automation systems manufacturers. Copyright 1994 by Oxford University Press.

148 citations

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TL;DR: In this paper, the authors examined the drivers of outward foreign direct investment from the emerging economies and if there exists a positive role for home governments to coordinate them, focusing particularly on experiences from Asian economies.
Abstract: Purpose – The purpose of this paper is to examine the drivers of outward foreign direct investment (OFDI) from the emerging economies and if there exists a positive role for home governments to coordinate them. The backdrop is the recent increases in OFDI from emerging economies and the emergence of several emerging economy firms, which have caught up to become global leaders in several industries. The paper focuses particularly on experiences from Asian economies.Design/methodology/approach – The paper applies a multi method approach and relies on literature studies, investment statistics, government reports, press reports, company reports, and interviews with public officials.Findings – Extending the motive‐based business theory, the paper first establishes the pronouncement of a third wave of OFDI from the mid‐1990s. Whereas the typical motives have remained important, the technology‐seeking motive has become significantly more important during the third wave. Typical policy prescriptions to liberalize...

141 citations

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TL;DR: In this paper, the authors used Malaysia as an example and argued that growth, poverty alleviation and redistribution in the country was achieved under circumstances of both interventionist policies as well as market coordination.
Abstract: Leading economic institutions such as the World Bank have argued that liberalisation holds the key to growth, poverty alleviation and redistribution. Even recent efforts to model increasing returns within the framework of new growth theories have not resulted in prescriptions for stronger roles for governments. The fast-growing Southeast Asian economies are still being used to demonstrate causation between liberalisation, and growth, poverty alleviation and redistribution. Using Malaysia as an example, this paper argues that growth, poverty alleviation and redistribution in the country was achieved under circumstances of both interventionist policies as well as market coordination. Throughout the New Economic Policy (NEP) period (1970‐90), strong incentives were offered to both the import-substitution and exportoriented manufacturing sectors, and the state made strong forays into the market to redress poverty and inequality. The paper also argues that poorly coordinated government intervention generated substantial unproductive rent seeking.

112 citations

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TL;DR: In this paper, the authors argue that transformations of regimes, the networks and institutions governing technological and environmental practices in an industry, can be positively influenced by globalization but it depends on how global forces interact with local socio-political landscapes, the political economic institutions, values, and regulations broadly guiding an economy and its relationship to the environment.

104 citations


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Book
01 Jan 2009

8,216 citations

Journal Article
TL;DR: In this paper, a documento: "Cambiamenti climatici 2007: impatti, adattamento e vulnerabilita" voteato ad aprile 2007 dal secondo gruppo di lavoro del Comitato Intergovernativo sui Cambiamentsi Climatici (Intergovernmental Panel on Climate Change).
Abstract: Impatti, adattamento e vulnerabilita Le cause e le responsabilita dei cambiamenti climatici sono state trattate sul numero di ottobre della rivista Cda. Approfondiamo l’argomento presentando il documento: “Cambiamenti climatici 2007: impatti, adattamento e vulnerabilita” votato ad aprile 2007 dal secondo gruppo di lavoro del Comitato Intergovernativo sui Cambiamenti Climatici (Intergovernmental Panel on Climate Change). Si tratta del secondo di tre documenti che compongono il quarto rapporto sui cambiamenti climatici.

3,979 citations

Book
01 Jan 2008
TL;DR: Nonaka and Takeuchi as discussed by the authors argue that there are two types of knowledge: explicit knowledge, contained in manuals and procedures, and tacit knowledge, learned only by experience, and communicated only indirectly, through metaphor and analogy.
Abstract: How have Japanese companies become world leaders in the automotive and electronics industries, among others? What is the secret of their success? Two leading Japanese business experts, Ikujiro Nonaka and Hirotaka Takeuchi, are the first to tie the success of Japanese companies to their ability to create new knowledge and use it to produce successful products and technologies. In The Knowledge-Creating Company, Nonaka and Takeuchi provide an inside look at how Japanese companies go about creating this new knowledge organizationally. The authors point out that there are two types of knowledge: explicit knowledge, contained in manuals and procedures, and tacit knowledge, learned only by experience, and communicated only indirectly, through metaphor and analogy. U.S. managers focus on explicit knowledge. The Japanese, on the other hand, focus on tacit knowledge. And this, the authors argue, is the key to their success--the Japanese have learned how to transform tacit into explicit knowledge. To explain how this is done--and illuminate Japanese business practices as they do so--the authors range from Greek philosophy to Zen Buddhism, from classical economists to modern management gurus, illustrating the theory of organizational knowledge creation with case studies drawn from such firms as Honda, Canon, Matsushita, NEC, Nissan, 3M, GE, and even the U.S. Marines. For instance, using Matsushita's development of the Home Bakery (the world's first fully automated bread-baking machine for home use), they show how tacit knowledge can be converted to explicit knowledge: when the designers couldn't perfect the dough kneading mechanism, a software programmer apprenticed herself withthe master baker at Osaka International Hotel, gained a tacit understanding of kneading, and then conveyed this information to the engineers. In addition, the authors show that, to create knowledge, the best management style is neither top-down nor bottom-up, but rather what they call "middle-up-down," in which the middle managers form a bridge between the ideals of top management and the chaotic realities of the frontline. As we make the turn into the 21st century, a new society is emerging. Peter Drucker calls it the "knowledge society," one that is drastically different from the "industrial society," and one in which acquiring and applying knowledge will become key competitive factors. Nonaka and Takeuchi go a step further, arguing that creating knowledge will become the key to sustaining a competitive advantage in the future. Because the competitive environment and customer preferences changes constantly, knowledge perishes quickly. With The Knowledge-Creating Company, managers have at their fingertips years of insight from Japanese firms that reveal how to create knowledge continuously, and how to exploit it to make successful new products, services, and systems.

3,668 citations