Crisis and Innovation in Asian Technology

by Edited by William W. Keller , Richard J. Samuels

• ISBN13: 9780521818711
• ISBN10: 0521818710
• Format: Hardcover
• Copyright: 2003-02-03
• Publisher: Cambridge University Press

Summary

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.

Table of Contents

Figures and Tables	viii
Contributors	ix
Acknowledgments	xi
Innovation and the Asian Economies	1	(22)
William W. Keller
Richard J. Samuels
Japanese Production Networks in Asia: Extending the Status Quo	23	(34)
Walter Hatch
Crisis and Innovation in Japan: A New Future through Technoentrepreneurship?	57	(29)
D. H. Whittaker
Crisis, Reform, and National Innovation in South Korea	86	(22)
Linsu Kim
From National Champions to Global Partners: Crisis, Globalization, and the Korean Auto Industry	108	(29)
John Ravenhill
Crisis and Adaptation in Taiwan and South Korea: The Political Economy of Semiconductors	137	(23)
William W. Keller
Louis W. Pauly
China in Search of a Workable Model: Technology Development in the New Millennium	160	(27)
Barry Naughton
Adam Segal
Economic Crisis and Technological Trajectories: Hard Disk Drive Production in Southeast Asia	187	(39)
Richard F. Doner
Bryan Ritchie
Continuity and Change in Asian Innovation	226	(17)
William W. Keller
Richard J. Samuels
Index	243