Abstract As in other parts of the world, small- and medium-sized enterprises (SMEs) in Latin America are important generators of employment while contributing to establishing certain social as well as regional 'equilibria' in the development process within the country. However, SMEs in Latin America are much less 'export-oriented'than their East Asian counterparts. SMEs in Latin America tend to produce import substitutes and non tradables while manufactured exports are still produced by large firms in relativelycapital-intensive ways. In contrast, many East Asian SMEs are…
Abstract This paper is part of an investigation about the impact of modern Information and Communication Technologies (ICTs) on Latin America. Based on the theoretical groundwork given in the introductory paper (From industrial economics to digital economics: an introduction to the transition ), the present paper gives an inventory of the state of development with regard to the regional transition to the so-called Information Society, in order to untangle and structure present dynamics. As knowledge and information are becoming the focus of activity, penetrating and dominating capital, natural…
Abstract This paper focuses on creating a basic awareness of the new economic coherence, which has been provoked by the introduction of modern Information and Communication Technologies (ICT). It is based on methods of traditional Industrial Economics (bricks-and-mortar economy). The paper shall endeavor to show the differences that exist between Industrial- and Digital Economics, but shall also show that we do not need to burn the old textbooks. Nevertheless there is an urgent need to rewrite them, in a sense of refocusing. Starting from the new basic conditions of the Digital Economy, which …
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