Science and Technology Policies and the Middle-Income Trap: Lessons from Vietnam.

As Vietnam crossed the World Bank's threshold from 'low income' to 'lower middle-income' in 2010 the government and aid donors started to speak about 'the middle-income trap' as a central problem; and to frame 'science and technology (S&T) policy' as a means of sustaining economic growth and thereby...

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Publicado en:Journal of Development Studies Vol. 56; no. 4; pp. 717 - 732
Autores principales: Klingler-Vidra, Robyn, Wade, Robert
Formato: Artículo
Publicado: Taylor & Francis Ltd Apr2020
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Acceso en línea:Ver este registro en EBSCOhost
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        atl: Science and Technology Policies and the Middle-Income Trap: Lessons from Vietnam.
      aug:
        au:
          Klingler-Vidra, Robyn
          Wade, Robert
        affil:
          Department of International Development, King's College London, London, UK
          Department of International Development, The London School of Economics and Political Science, London, UK
      su:
        Vietnam
        China
        Government aid
        Policy sciences
        Financial crises
        Strut & tie models
        Trapping
      sug:
        subj:
          Government aid
          Policy sciences
          Financial crises
          Vietnam
          China
          Hunting and Trapping
          Strut & tie models
          Trapping
      ab: As Vietnam crossed the World Bank's threshold from 'low income' to 'lower middle-income' in 2010 the government and aid donors started to speak about 'the middle-income trap' as a central problem; and to frame 'science and technology (S&T) policy' as a means of sustaining economic growth and thereby avoiding the trap. They identified China and its S&T policy as a model, and pointed to Intel's $1 billion facility as evidence of a burgeoning technology hub. Yet in the years that followed, Vietnam's S&T policy has limped along, with efforts simply to boost the number of Silicon Valley-styled start-ups rather than to pursue a 'Made in China 2025'-like programme. This paper reveals two main reasons. First, the Ministry of Science and Technology is a weak ministry with little budget, unable to persuade other ministries to cooperate in more ambitious and capital-intensive strategies. Second, excitement around S&T policies was fuelled by an influx of high-tech Vietnamese returning home after the 2008 Global Financial Crisis, lending support for building start-up ecosystems. These mechanisms are reinforced by Western aid agencies' support for this narrow S&T policy conception. Findings are based on policy documents and interviews conducted with S&T policy-makers, aid donor staff, and start-up investors between 2012 and 2018.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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