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The Co-evolution of Technology and Institutions in the Catch-up Process: The Case of the Semiconductor Industry in Korea and Taiwan.
- Source :
-
Journal of Development Studies . Sep2014, Vol. 50 Issue 9, p1240-1260. 21p. - Publication Year :
- 2014
-
Abstract
- This paper explores the industrial specialisation of latecomer countries, particularly Korea and Taiwan, which are often referred to as successful catch-up cases. The traditional wisdom is that the ‘developmental state’, resource leverage, and technological sophistication in an export-oriented strategy have been the factors for success. However, firm strategies and a supportive government are not sufficient to explain the different features of catch-up patterns. In this paper we propose that differences in industrial specialisation of catch-up countries are attributable to the interaction between technological characteristics and institutional settings, including corporate organisation, industrial structure, and the role of the public sector. [ABSTRACT FROM PUBLISHER]
- Subjects :
- *SEMICONDUCTOR industry
*PUBLIC sector
*EXPORTS
Subjects
Details
- Language :
- English
- ISSN :
- 00220388
- Volume :
- 50
- Issue :
- 9
- Database :
- Academic Search Index
- Journal :
- Journal of Development Studies
- Publication Type :
- Academic Journal
- Accession number :
- 98201972
- Full Text :
- https://doi.org/10.1080/00220388.2014.895817