Keun Lee thinks that today’s new technologies could create opportunities for “leapfrogging” by developing economies.
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Economics
Jun 25, 2026
Keun Lee
Once firms and economies ascend to market dominance, they often kick away the ladder behind them and erect barriers to market entry to stymie would-be challengers. But developing countries can and do leapfrog incumbent technologies, and conditions for doing so may be particularly favorable now.
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