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Innovation Economics Class 6
International Trade Theory
International Trade Theory ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Classical Trade Theories ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The New Trade Theory ,[object Object],[object Object],[object Object],[object Object],[object Object]
New Trade Theory ,[object Object],[object Object],[object Object]
Absolute Advantage ,[object Object],[object Object],[object Object],[object Object],[object Object],Rice Cocoa  G  G'  K  K'  G: Ghana K: S. Korea
 
Comparative Advantage ,[object Object],[object Object],[object Object],Rice Cocoa  G  K  K'  G'  G: Ghana K: S. Korea
 
Heckscher (1919)-Ohlin (1933) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Theory of Relative Factor Endowments (Heckscher-Ohlin) ,[object Object],[object Object],[object Object],[object Object]
International Product Life-Cycle (Vernon) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Classic Theory Conclusion ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
New Trade Theories ,[object Object],[object Object],[object Object],[object Object]
National Competitive Advantage   (Porter, 1990) ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Porter’s Diamond
“ So What” for business? ,[object Object],[object Object],[object Object],[object Object]
New Growth Theory ,[object Object]
Technology ,[object Object],[object Object],[object Object]
Technology ,[object Object],[object Object],[object Object]
Technology ,[object Object],[object Object]
Technology ,[object Object]
Learning by Doing ,[object Object],[object Object],[object Object]
Increasing Returns to Scale Production function with increasing returns Output All inputs
Technological Lock-In ,[object Object],[object Object]
Technological Lock-In ,[object Object],[object Object]
Technological Lock-In ,[object Object]

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