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Crisis and Innovation in Asian Technology

Crisis and Innovation in Asian Technology by William W. Keller
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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.
Cambridge University Press; February 2003
265 pages; ISBN 9780511055096
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Title: Crisis and Innovation in Asian Technology
Author: William W. Keller; Richard J. Samuels
 
ISBNs
0511055099
9780511055096
9780521818711