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Leapfrogging is a concept used in many domains of the economics and business fields, and was originally developed in the area of industrial organization and economic growth. The main idea behind the concept of leapfrogging is that small and incremental innovations lead a dominant firm to stay ahead.
When leapfrogging occurs, infill development often follows. The eventual development of the vacant land between the city and the leapfrog development is called infill. As infill development increases, leapfrog development will eventually slow over time.
Leapfrogging was an amphibious military strategy employed by the Allies in the Pacific War against the Empire of Japan during World War II. The key idea was to bypass ...
Economic development research has currently identified five phases, or "waves" of economic development practice.The differences between these waves are shaped by historical factors, the economic climate during historical periods, and leaders' response to these forces, which over time have created five strategies that differ from their predecessors.
Globalization is the process of increasing interdependence and integration among the economies, markets, societies, and cultures of different countries worldwide.
A potential merger between Nissan and Honda would have created the world’s third-largest automaker, right behind Toyota and Volkswagen , leapfrogging Korea’s Hyundai-Kia group in total unit sales.
Economic globalization is the intensification and stretching of economic interrelations around the globe. [3] [4] It encompasses such things as the emergence of a new global economic order, the internationalization of trade and finance, the changing power of transnational corporations, and the enhanced role of international economic institutions.
Africa has been credited with "leapfrogging" fixed-line internet and developing mobile apps directly. In the field of mobile money , Kenya's M-Pesa brought global attention to the technology. [ 43 ] [ 44 ] M-Pesa has expanded beyond Africa to Asia and Eastern Europe, allowing users to send and receive money via SMS.