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The Role of Acquisition of Foreign Technology in Taiwanese Growth

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  • Pack, Howard

Abstract

This article argues that one source of Taiwan's exceptionally rapid growth rate in value added per worker in manufacturing was its ability to tap the accumulated technology of more advanced industrial nations. The impact of technology embodied in new equipment is quantified. The role of knowledge transfers from purchasers of exports, consultants, technology licensing agreements, returning Taiwanese nationals educated abroad and foreign direct investment is documented. It is argued that considerable local effort was expended to assimilate successfully the transferred technology. Copyright 2001 by Oxford University Press.

Suggested Citation

  • Pack, Howard, 2001. "The Role of Acquisition of Foreign Technology in Taiwanese Growth," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 10(3), pages 713-734, September.
  • Handle: RePEc:oup:indcch:v:10:y:2001:i:3:p:713-34
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    Cited by:

    1. Chi-Nien Chung & Xiaowei Luo, 2008. "Human Agents, Contexts, and Institutional Change: The Decline of Family in the Leadership of Business Groups," Organization Science, INFORMS, vol. 19(1), pages 124-142, February.
    2. Cole, Matthew A. & Elliott, Robert J.R. & Strobl, Eric, 2008. "The environmental performance of firms: The role of foreign ownership, training, and experience," Ecological Economics, Elsevier, vol. 65(3), pages 538-546, April.
    3. Ricardo A. López, 2005. "Trade and Growth: Reconciling the Macroeconomic and Microeconomic Evidence," Journal of Economic Surveys, Wiley Blackwell, vol. 19(4), pages 623-648, September.
    4. Holger Görg & Eric Strobl, 2016. "Spillovers from Foreign Firms through Worker Mobility: An Empirical Investigation," World Scientific Book Chapters, in: MULTINATIONAL ENTERPRISES AND HOST COUNTRY DEVELOPMENT, chapter 13, pages 243-259, World Scientific Publishing Co. Pte. Ltd..
    5. Chi-Nien Chung & Xiaowei Luo, 2008. "Institutional Logics or Agency Costs: The Influence of Corporate Governance Models on Business Group Restructuring in Emerging Economies," Organization Science, INFORMS, vol. 19(5), pages 766-784, October.
    6. Narula, Rajneesh, 2002. "The implications of growing cross-border interdependence for systems of innovation," Research Memorandum 019, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
    7. Yang, Zhihao & Hong, Junjie & Wang, Xuan, 2022. "Environmental spillovers in international joint ventures: Evidence from Chinese industrial firms," Technological Forecasting and Social Change, Elsevier, vol. 185(C).
    8. Narula, Rajneesh, 2002. "Switching from import substitution to the ‘New Economic Model’ in Latin America: A case of not learning from Asia," Research Memorandum 042, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).

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