Crisis and Innovation in Asian Technology

Author: William W. Keller; Richard J. Samuels  

Publisher: Cambridge University Press‎

Publication year: 2003

E-ISBN: 9780511055096

P-ISBN(Paperback): 9780521818711

Subject: F403.6 industrial technology development and innovation

Keyword: 经济学分支科学

Language: ENG

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Crisis and Innovation in Asian Technology

Description

In mid-May 1997, a financial crisis erupted in Asia after an attack by private investors on the baht, the Thai currency. The crisis spread quickly across the region, where investor confidence plummeted, resulting in massive capital outflows, stock market collapses, high unemployment, and even insurrection. The Asian 'economic miracle' that had stimulated so much awe and even dread, now invoked pity and apprehension in greater measure. The contributors to this volume investigated change in the innovation and production systems of Asian states in response to economic and political upheaval. They conducted empirical studies of several regional industries - autos, semiconductors, and hard disk drives - and seven different national economies: China, Malaysia, Japan, Singapore, South Korea, Thailand, and Taiwan. In the face of crisis and global competition, the Asian states superimposed change at the margins, seeking unique technohybrid solutions to build capabilities to compete in local, regional, and even global markets.

Chapter

Leadership

Previewing Our Findings

The Organization of the Volume

2 Japanese Production Networks in Asia

Relationalism Defined

The Japanese Crisis

Government-Business Ties

Business-Business Ties

Management and Labor

From Japanese to Asian Crisis

Japanese Technonationalism

The Costs of Continuity

3 Crisis and Innovation in Japan

Japan’s Financial Crisis

Japan’s Technology Champions

The Case of the Giant Hitachi

New Entrepreneurial Champions?

Creating a Science and Technology Policy

Competitive Government

Concluding Discussion

4 Crisis, Reform, and National Innovation in South Korea

Beyond Technonationalism

Government and Policy Environment

The Financial Sector

Chaebol Restructuring

Global Networks

Domestic Industrial R&D Activities

Education

Domestic Support Infrastructure

Corporate Governance and Management

Labor Movement and Sociocultural Factors

Conclusion

5 From National Champions to Global Partners

The Asian Crisis and Korean Economic Nationalism

From Technonationalism to Technoglobalism?

The Development of the Korean Auto Industry: How Statist? How Autonomous?

Opening the Korean Auto Sector

The State and Technological Development in the Auto Industry

Conclusion

6 Crisis and Adaptation in Taiwan and South Korea

Two Approaches to Innovation in the Semiconductor Industry

Technological Innovation in Taiwan and Korea

Origins of the Taiwanese Foundries

Origins of the South Korean Integrated Device Manufacturers

Building Capacity in Taiwan

Crisis and Adaptation in South Korea

Conclusion: Continuity and Change

7 China in Search of a Workable Model

Reform through the Early 1990s

Policy Shift: More Open, More Players

New Millennium, New Technology Policy?

A Big Emerging Market and Big Security Concerns

Conclusion

8 Economic Crisis and Technological Trajectories

Challenges of Globalized Production Networks

Different National Capacities Constitute One Regional Industry

Goals and Policies

Goals and Performance

Policies

Institutional Capacities

Institutional Challenges of New Industrial Policies

Variation in Institutional Capacities

Explaining Institutional Capacity: External Threats, Domestic Coalitions

The Crisis and National Responses

Conclusions and Implications

Sources of Policy and Institutional Change

Regional Options?

Technomodels

9 Continuity and Change in Asian Innovation

The Asian “Financial Crisis” Revisited

Crisis and Choice in Asian Innovation

Institutions of Innovation

Techno-Ideologies

Capabilities: The Dynamics of Innovation

Leadership

Questions That Remain

Conclusion

Index

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