The industrial revolution transformed the cottage industry into mass production. In this chapter, the authors trace the recent advancement of the software industry and establish that it is following a similar route followed by the manufacturing industry towards industrialization. The chapter positions the concept of Software Product Lines (http://www.sei.cmu.edu/productlines/), as a possible fo...

We investigate a mechanism whereby a group of nations forming a free trade area simultaneously can efficiently satisfy industrialization targets. The mechanism does not rely on cross-country transfers, and it is efficient for each member country individually even if other members of the free trade area do not implement the efficient policy. It allows each member country to gain from participati...

Software development is still based on manufactory production, and most of the programming code is still hand-crafted. Software development is very far away from the ultimate goal of industrialization in software production, something which has been achieved long time ago in the other industries. The lack of software industrialization creates an inability to cope with fast and frequent changes ...

In this article, the industrialization process can be regarded as the transition from traditional to modern and more coercive work organizations. Workers are heterogeneous (autonomous or non-autonomous) and according to their preferences they choose between these two organizational forms. In addition, preferences evolve through intergenerational transmission mechanisms. This setting allows for ...

This paper examines the political economy of coordination in a simple two-sector model in which individuals’ choice of agricultural technology affects industrialization. We show that multiple equilibria exist such that the economy is either characterized by the use of a traditional agricultural technology and low industrialization or the use of a mechanized technology and high industrialization...

Among all the newly industrializing countries, South Korea’s development strategies, as implemented during the period of export-driven industrialization (1962-80), stand out as a model case in which rapid industrialization has been achieved by means of articulate trade and industrial policies. This paper, taking the historical perspective, critically examines the country’s industrial policies a...

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It may seem curious to speak of industrialization as beginning around 1500. Industrialization is often regarded as synonymous with the rise of mechanized manufacturing in centralized facrories, and this did nor occur even in England unti l 1760-80, and in Germany not unti l 1830-50. But machines and factories were only late landmarks albeit important ones in a much longer process of industrial ...