Developing Special Economic Zone: Benchmarking between Indonesia, Malaysia, Thailand, and China.

This book is designed for policymakers, academics, and researchers who are interested in enriching the SEZ progran. “Benchmarking Study on Special Economic Zones in Indonesia, Malaysia, Thailand, and China” is a joint research between the Indonesian Ministry of Trade and Management Research Centre University of Indonesia, covering not only the SEZ itself, but also illustrating a wider national investment climate in which it function and at the same time presents direct view of investors about SEZ in these four countries.

This book provides a comprehensive guide to the key policy questions that the Goverments are facing in establishing the SEZ programs, including what are the key success factors in developing SEZ, how to develop a successful cluster strategy, how to speed up transfer of knowledge, etc.

One of the most important findings stressed in this book is the shift from traditional enclave model of zones to SEZ that is integrated-strategies of trade and industry with core trade and social infrastructure, domestic suppliers, and local labor markets.

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The Indonesian government recently launched the Master Plan for the Acceleration and Expansion of Indonesian Economic Development (MP3EI) 2011–2025 for the even distribution of development in all regions. Being a strategic breakthrough, the MP3EI aims to attract Foreign Direct Investment (FDI), speed up economy growth, and hopefully constitutes an answer to the development disparity that for a long time has become a trap hindering the realization of equitable distribution of development throughout the country.

At the beginning, this book provide a comprehensive report on SEZs comparison in Indonesia, China, Malaysia, and Thailand. While China has the most established SEZ program, Malaysia and Thailand also have highly-regarded SEZs and investment incentives. Then, the next chapters provide a topic about each country, include the key success factors (KSFs) of SEZs, the inovations, or their bussiness. The end of the book there is crystallized topic about the finding of this study and present policy recommendations for the Indonesian government.

The main objective of this book is to provide an in-depth understanding on how our neighboring countries develop and create value added to their Special Economic Zone (SEZ).

Sampul depan
Preface
Acknowledgement
Table of Contents
Chapter 1. Competitiveness of Special Economic Zone: Comparison between Indonesia, Malaysia,Thailand, and China
     Introduction
     Theoretical Background and Research Model
     Research Model
     Methodology
     Findings and Analysis
     Indonesian Rank in the Eye of Investor
     Conclusions and Policy Recommendation
     References
Part 1. Malaysia
     Chapter 2. The Key Succ ess Factors of Penang as the Silicon Valley of the East
          Introduction
          Methodology
          Penang as Center of Manufacturing in Malaysia
          The Key Success Factors of SEZ in Malaysia
          Malaysia Investment Trend and Key Success Variable SEZs
          Conclusion
          References
          Appendix 1 Profile of Companies in This Research
     Chapter 3. Cluster Dynamics in Theory and Practice: Singapore/Johor and Penang Electronics
          Malaysian Electronics: Growth With Limited Innovation
          Second Industrial Master Plan: The Cluster-Based Approach
          A Model of Cluster Dynamics
          Singapore Cluster Dynamics and the Johor Region
          Penang: Application of the Cluster Dynamics Model
          Penang Cluster-Dynamics: Strong Manufacturing; Weak Innovation
          Industrial Policy Implications
          References
          Appendix 1
          Appendix 2
     Chapter 4. Fulfilling Industry Need in HR: A Case Study of PSDC, Malaysia
          Introduction
          Company Profile
          From Training, Certification Till Formal Education
          Programs
          Facilities for Company Members
          Malaysia Policy on Transfer of Knowledge
          Case Question
          References
Part 2. Thailand
     Chapter 5. Attracting Investors into Thailand: Strategic Implementation and Performance
          Introduction
          Methodology
          Thailand Macro-competitiveness
          Investment Trends in Thailand
          Thai Government Strategy to Attract Investment
          Government Role in Supporting Sez
          Cluster Approach in Thailand
          Full Ownership and Just in Time Manufacturing
          Investor Opinion about Thailand
          Conclusion
          References
     Chapter 6. Evolution of Automotive Clusters and Interactive Learning in Thailand1
          Introduction
          Clusters, Interactive Learning, and Innovation
          Evolution of Automotive Clusters in Thailand
          Brief View of Thai Industrialization and Regional Development Policies
          Pathway Towards Cluster Agglomerations and Integration into Global Production Network of the Thai Automotive Industry
          Cluster and Interactive Learning in Thailand
          Conclusion
          References
     Chapter 7. Thaksin’s Legacy: Thaksinomics and Its Impacts on Thailand’s National Innovation System and Industrial Upgrading
          Introduction
          National Innovation System Concept and Policy Framework for Industrial and Technological Upgrading
          National Innovation System and Policies Concerning Industrial and Technological Upgrading Before Thaksinomics
          Ideas Behind and Main Thrusts of Thaksinomics
          Impacts of Thaksinomics on Thailand’s Long-Term Industrial Upgrading and National Innovation System
          Conclusion
          References
Part 3. China
     Chapter 8. Exploring China Performance and Their Key Success Factors of Special Economic Zones
          Introduction
          Research Model
          Methodology
          Findings and Analysis
          SEZ Key Success Factors in China
          Word Class Infrastructure
          Human Resources
          Investor Opinion about China
          Conclusion
          References
     Chapter 9. How Do Special Economic Zones and Industrial Clusters Drive China’s Rapid Development?
          Terms and Definitions
          SEZs and Clusters: “Top-Down” Versus “Bottom-Up”?
          Special Economic Zones in China: A Testing Lab for the Market Economy
          Industrial Clusters in China: A Competitive Engine for the Local Economy
          Reflections on the Experiences of China’s SEZs and Industrial Clusters
          Challenges to the Sustainable Development of China’s SEZs and Industrial Clusters
          Policy Implications
          Conclusion
          References
     Chapter 10. China’s First Special Economic Zone: The Case of Shenzhen
          Background on the Shenzhen SEZ
          Development Achievements
          Development Stages
          Roles of the Government
          Preferential Policies
          Key Experiences
          Challenges and Recommendations
          References
     Chapter 11. Policy Recommendation for Indonesian Government
          Strategy in Developing a Sucesful Cluster
          References
Indeks
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