Factor endowments, comparative advantage and catch-up strategy - on the personal development

 Luo Yonghua Lin
I still think that the teacher is the master of the economists, to use a unified theoretical framework and tools to explain the various economic and social problems, and a consistent. Whether the production of the planned economic system to explore the root causes of reform and opening up not long before the people's living standards improved the reason, or the proposed capacity of the state-owned enterprises lack the self from the policy of catch-up strategy to bring the views of the burden, or his timing for upgrading the heavy chemical industry is the right view, separated from Variety The cases in which the magic is the factor endowments and comparative advantage theory. Even Lin supported the establishment of private financial institutions are out of support for more private-based comparative advantage in labor-intensive SMEs to consider.
recently in the whole country the slogan of a tide of independent innovation, Lin teachers to accept China Information News, entitled intellectual strength of character, who simply called the Queen's scholars, his people can begin to shut up.
were the first two days chatting with various friends, have spoken of a personal development issues, and suddenly felt the fact, for personal development is concerned, is also a major factor endowments most important consideration when the decision criteria. called for in which direction the work which in fact means that a person is largely the choice of roads to meet this person's factor endowments (the background knowledge, skills, relationship between personality and even resources, etc.), especially those aged 30 after a slow setting, and then to change their factor endowments (not including the money, and resources) has been difficult. and choose a suitable way and with their direction, in fact, comparative advantage strategy is used.
Lin teachers believe that for a country to catch up with strategies often tend to distort a lot of things, but also lead to failure. then for personal development, it is usually a comparative advantage should be taken strategy. but not of non-strategic comparative advantage? I'm afraid not necessarily a big ambition for many and perseverance of people, often the courage to face their own shortcomings and to correct, to face his own lack of willingness to make up, this is actually is through rapid change their factor endowments and thus to catch up.
Success seems all the rage can be seen as based on factor endowments and catch up with theory as the theoretical basis, and after 70 Ye Hao, 80 Ye Hao, still significant in the experience and resources to start when the weak is also a change in the compressed time factor endowments, factor endowments better catch up with other people (especially relative to their more older people).
what people can go quickly to change their factor endowments to catch up to the road, and what kind of person can only accommodate the existing factor endowments on their comparative advantages slowly waiting for factor endowments change? Young is a factor, bile soul and perseverance is also a factor. there is courage and perseverance of people can quickly change their factor endowments, the path to greater choice, it is more suitable when the leadership is more suitable to the integration of resources (including human resources); and lack of courage and perseverance of the people is very difficult to change their factor endowments, so the real reason according to their factor endowments established path of direction and choice is more reasonable and more suitable as a resource to be integrated, more suitable for a team not a member of the leadership.
From this point of speaking, in fact, I do not act as a start for the team Leader, because I was more moderate ourselves more than perseverance and courage lack: (always in their own capacity to accommodate and character shortcomings and deficiencies, so instead of long-term efforts to resolve it.) As I said a classmate, and he most admired in the elderly with some outstanding courage and perseverance, just as Sri Lanka made, can be a Leader-class figures, courage and perseverance are the most fundamental difference, other gaps are not important, as long as there is courage and perseverance are able to quickly change the factor endowments.
anti overdone look at a country's development strategy not necessarily have to choose according to comparative advantage strategy factor endowments, but depends on the courage and perseverance of a country depends, and the courage and perseverance of a country that is state of the national spirit. For example, the development of Japan, it is more difficult to say the results of the strategic advantages, but it should be said is a typical product of catch-up strategy. For example, a large South Korean technology innovation to become the country overnight, too, is relying on courage and perseverance to take catch-up strategy for rapid changes in the results of their factor endowments . then the Chinese do, frankly speaking, China is not a common state with the national spirit, moderation is the core of Chinese culture. Therefore, China can only be honest in accordance with the strategy of comparative advantage Lin teachers developed slowly. Perhaps the teacher Lin China is also very clear that the crux of it is the national spirit, but he obviously can not say that because everyone is too proud (including the government, including the public), if, as said, not that another Bo Yang or another .
analysis based on factor endowments and individuals for the state also applies to the development of the enterprise strategic choice, I used to use fundamentals to determine a correct business decisions, large and small, in fact, what is fundamental, but also is the only factor endowments. Of course, enterprises can choose according to their comparative advantages in different situations and catch-up strategy, and this is clearly not a general factor, but a corporate culture. and I am too much emphasis on fundamental analysis, too believe in path dependence to some extent has been with the business away from the mentality and thinking, and much of this personal style of an impact on corporate culture and thus a negative factor in the development of enterprises.
so limited life in development can be achieved depends on the person's courage and perseverance; and business growth potential also depends on corporate culture, and how quickly a country is also dependent on the rise and prosperity of a nation and national spirit.
write this in order to examine, encourage each other!