Diversification through the Application of the Co-evolutionary Framework: Korea and Viet Nam

Mar 28, 2024·
Anwar Aridi
,
Jeong-Dong Lee
,
Kibum Kim
,
Kyeyoung Shin
,
Dawoon Jeong
,
Wonsub Eum
,
Taewon Kang
· 0 min read
Image credit: Unsplash
Abstract
This research examines the diversification process by conceptualizing a co-evolutionary framework linking production and technology. The study applies the framework to retrospectively explain Korea’s successful diversification path and to Viet Nam to identify how the country could further diversify into complex and value-added products.
Type
Publication
In World Bank Report