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AbstractGlobalization has generated increasing interest in technology‐intensive industries as a way to sustain national economic competitiveness. High‐technology growth is often conceptualized as a "high road" to prosperity, more amenable to private–public, industry–labor, and interfirm cooperation than tax, regulatory, or cost competitive strategies. While specialization in technology‐intensive industries does deliver several benefits, this article usesFinland's successful transformation into a high‐technology economy to highlight the significant economic and political risks associated with this strategy. Economically, movement into electronics exposedFinland to cost competition and disruptive technological innovations. Politically, high‐technology competition weakened the solidaristic ties that characterized postwar capitalism and the coordinating capacities that underpinned economic growth. In short, high‐technology growth exacerbated the problems it was supposed to solve. The article concludes by generalizing the argument to several non‐Nordic states.

South Korea's development over the last half century has been nothing short of spectacular. Fifty years ago, the country was poorer than Bolivia and Mozambique; today, it is richer than New Zealand and Spain, with a per capita income of almost $23,000. For 50 years, South Korea's economy has grown by an average of seven percent annually, contracting in only two of those years. In 1996, South Korea joined the Organization for Economic Cooperation and Development, the club of rich industrialized countries, and in 2010, it became the first Asian country and the first non-G-7 member to host a G-20 summit. Adapted from the source document.

The proposal of the modernization of our nation's governance embodies the struggle and effort of several generations of the communist party of China people, focuses on the diligence and wisdom of millions of Chinese people, and learns the experience in dealing with practical problems from all over the world. It is also the new insights and theoretical innovation that Chinese Communist Party uses the Marxist world outlook and methodology to solve practical problems in the height of the history and the era. This new value concept of the modernization of our nation's governance will have a significant and far-reaching influence on China and the whole world. For China, the modernization of our nation's governance is the powerful guarantee to a powerful nation of socialist modernization. For the developing countries, there will have a great significance. For the common issues faced by humanity, it will be a new key to open people's governance dilemma. So the future of the modernization of our nation's governance will let the world have full expectations.

Main description: Die Arbeit leistet einen Beitrag zur Identifikation typischer Streit- und Konfliktbereiche bei ausländischen Direktinvestitionen in der Volksrepublik China und zeigt deren Ursachen im materiellen Recht auf. Darauf aufbauend wird das ordentliche Gerichtsverfahren unter Beachtung der ständigen Rechtsprechungspraxis der Volksgerichte auf dessen Vor- und Nachteile für ausländische Investoren hin untersucht.

Hong Kong has long been regarded as a global city and the regional service provider in the Greater Pearl River Delta (GPRD) region, with the provision of an opened and accountable economic and legal system, support of high-quality infrastructure and policies, and being the gateway to enter the Chinese market. This can be reflected by its consistently high score in different global competitiveness ranking index. A lot of Transnational Corporations (TNCs) are attracted by this reputable global city development of the city, establishing their headquarters and other tertiary services in Hong Kong. Other cities in the GPRD region tend to specialize in factory production with their comparative advantage in lower production cost in terms of labour, looser regulations and industrial agglomeration. The functional division in the GPRD region is well defined spatially which can be explained by the traditional "Front office, back factory" model. However, this settings has been changing as many PRD cities like Shenzhen, Guangzhou and Zhuhai have transformed their city's vision towards a global city currently. These cities have initiated economic restructuring and industrial upgrading towards modern servicing industries, and gradually force out the original factories and production base to less developed PRD cities or other locations beyond the GPRD region. New incentives are offered by the central and municipal government in attracting TNCs to invest in high value-added producer services, establishing Research and Development (R&D) base and headquarters in these PRD cities under urban entrepreneurialism. The dominant role of Hong Kong as a global city and regional service provider is challenged under rapid inter-city competition with these cities. This results in a new spatial dynamics and functional specialization settings for the GPRD region that cannot be explained by the traditional model. This study will examine the existing and potential role of global city development in Hong Kong and other PRD cities with reference to the investment choices of TNCs in the GPRD region. Through a comparative analysis with Guangzhou, the major strengths, weaknesses, and other factors required for global city development of Hong Kong and PRD cities will be identified. In addition, the latest locational settings of different functions will be explored in the case study analysis of TNCs in modern servicing and financing industry, manufacturing industry, and information and high-tech industry. The analysis will assist in identifying potential development opportunities, weaknesses of Hong Kong and PRD cities in attracting further investments from TNCs. Recommendations will be offered at the end of the study to enhance the overall competitiveness of Hong Kong and the GPRD region, through "co-opetition" incentives, fostering the development of GPRD mega-city region under the network city concept, and formulating an updated version of "Front office, back factory" model. ; published_or_final_version ; Urban Planning and Design ; Master ; Master of Science in Urban Planning