Crisis And Innovation In Asian Technology

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    Crisis and Innovation in Asian Technology
    By: William W. Keller
    Publisher:
    Cambridge University Press
    Print ISBN: 9780521818711, 0521818710
    eText ISBN: 9780511055096, 0511055099
    Edition: 1st
    Format: PDF
    Available from $ 24.00 USD
    SKU 9780511055096
    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.
     

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