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Technovation in Taiwan: Implications for Industrial Governance
Author(s) -
WONG JOSEPH
Publication year - 2006
Publication title -
governance
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.46
H-Index - 76
eISSN - 1468-0491
pISSN - 0952-1895
DOI - 10.1111/j.1468-0491.2006.00332.x
Subject(s) - developmental state , industrialisation , government (linguistics) , corporate governance , china , state (computer science) , political science , industrial policy , east asia , economic system , economy , political economy , economic growth , business , economics , international trade , management , politics , law , philosophy , linguistics , algorithm , computer science
No longer able to compete with China and Southeast Asian economies on the basis of cheap skilled labor, Taiwan has begun to explore new industrial sectors, such as biotechnology and the life sciences more generally, as key areas for development. The notion that biotech has been “targeted” by the government naturally conjures up images of the postwar developmental state and its mechanisms for industrial governance. Indeed, the resiliency of the East Asian developmental state model has been the focus of much recent debate (Wong 2004), which begets the question: Does the developmental state still matter in Taiwan, and if so, specifically what role can it play? The government’s current effort in facilitating biotech industrialization provides an idea case through which to reappraise the developmental state, and specifically its role in leading industrial transformation in this uniquely knowledge‐intensive sector.