Harnessing Women’s Potential as a Soft Engine for Growth : Lessons from Contrasting Trajectories between Finland and Japan for Growing Economies
Watanabe, C., Naveed, K., & Neittaanmäki, P. (2017). Harnessing Women’s Potential as a Soft Engine for Growth : Lessons from Contrasting Trajectories between Finland and Japan for Growing Economies. Journal of Technology Management for Growing Economies, 8(1), 67-92. https://doi.org/10.15415/jtmge.2017.81003
Julkaistu sarjassa
Journal of Technology Management for Growing EconomiesPäivämäärä
2017Tekijänoikeudet
© 2017 by Chitkara University. This is an open access article published by the Chitkara
University.
Harnessing the vigor of women’s potential is essential for inclusive economic growth
in a digital economy moving toward aging society. This can be a soft engine for sustainable
growth substitutable for costly hard investment. While there exists explicit
evidence of a virtual cycle between economic growth and gender balance improvement,
emerging countries cannot afford to overcome the constraints of low income.
Given the foregoing, this paper analyzed possible co-evolution between economic
growth, gender balance improvement and digital innovation initiated by information
and communication technology (ICT) advancement. Using a unique dataset representing
the state of gender balance improvement in the function of economic growth
and ICT advancement, an empirical numerical analysis of 44 countries was attempted.
These countries were classified as emerging, industrialized and with a specific
culture. It was found that while industrialized countries, typically Finland, have realized
high performance in co-evolution, emerging countries have been constrained
by low ICT advancement, and countries with a specific culture have, notwithstanding
their high economic level, also been constrained by a traditional male-dominated
culture. Japan is a typical case. Based on these findings, lessons from contrasting
trajectories between Finland and Japan for emerging countries were analyzed. It is
suggested that advancement of ICT, not only quantitatively but also qualitatively in
such a way as constructing a self-propagating system, is crucial for emerging countries.
A new practical approach for harnessing the potential resources for sustainable
growth was thus explored.
...
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Chitkara UniversityISSN Hae Julkaisufoorumista
0976-545XAsiasanat
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https://converis.jyu.fi/converis/portal/detail/Publication/27857312
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