IDEAS home Printed from https://ideas.repec.org/a/taf/glecrv/v33y2004i4p97-122.html
   My bibliography  Save this article

Schumpeter and arrow: Who wins in Korea and Taiwan? A case method analysis of cross country industrial structure

Author

Listed:
  • You-liang Deng

Abstract

A case study approach is applied to a cross-country comparison of Korea and Taiwan to model their developmental patterns and to examine the implications of their approach to industrialization, with specific regard to the theories of vertical integration by Schumpeter and Arrow and the theories of asset specificity by Williamson. The implications of inflation risks, external debt financing, innovation incentives, and restructuring problems from the aftermath of the 1997 Asian financial crisis will also be examined. The methodology used is a case study of two industries: bicycles and semiconductors. The results of this study are being used to create two dynamic models of industrial development for the two countries and to provide reasons for the differences in development paths and the implications associated with the undertaking of two drastically different models of industrialization.

Suggested Citation

  • You-liang Deng, 2004. "Schumpeter and arrow: Who wins in Korea and Taiwan? A case method analysis of cross country industrial structure," Global Economic Review, Taylor & Francis Journals, vol. 33(4), pages 97-122.
    • Handle: RePEc:taf:glecrv:v:33:y:2004:i:4:p:97-122
    DOI: 10.1080/12265080408449864
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/12265080408449864
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/12265080408449864?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Michael Hobday, 1995. "Innovation In East Asia," Books, Edward Elgar Publishing, number 226.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Wei ZHAO & Rigas ARVANITIS, 2008. "L’INeGAL DeVELOPPEMENT INDUSTRIEL DE LA CHINE : CAPACITeS D’INNOVATION ET COEXISTENCE DE DIFFeRENTS MODES D’APPRENTISSAGE TECHNOLOGIQUE," Region et Developpement, Region et Developpement, LEAD, Universite du Sud - Toulon Var, vol. 28, pages 61-85.
    2. Dowling, Malcolm & Ray, David, 2000. "The structure and composition of international trade in Asia:: historical trends and future prospects," Journal of Asian Economics, Elsevier, vol. 11(3), pages 301-318, December.
    3. Markusen, James R. & Venables, Anthony J., 1999. "Foreign direct investment as a catalyst for industrial development," European Economic Review, Elsevier, vol. 43(2), pages 335-356, February.
    4. Heather Smith, 1999. "The Failure of Korea Inc," Agenda - A Journal of Policy Analysis and Reform, Australian National University, College of Business and Economics, School of Economics, vol. 6(2), pages 153-166.
    5. Can Huang & Naubahar Sharif, 2016. "Global technology leadership: The case of China," Science and Public Policy, Oxford University Press, vol. 43(1), pages 62-73.
    6. Vanessa CASADELLA, 2014. "Systèmes d’innovation du Sud, transfert technologique et capacités d’apprentissage [Innovation Systems From The South, Technological Transfer And Leaning Capabilities]," Working Papers 38, Réseau de Recherche sur l’Innovation. / Research Network on Innovation.
    7. Francesco Quatraro & Marco Vivarelli, 2015. "Drivers of Entrepreneurship and Post-entry Performance of Newborn Firms in Developing Countries," The World Bank Research Observer, World Bank, vol. 30(2), pages 277-305.
    8. Rajah Rasiah & Yap Xiao Shan, 2016. "Institutional support, technological capabilities and domestic linkages in the semiconductor industry in Singapore," Asia Pacific Business Review, Taylor & Francis Journals, vol. 22(1), pages 180-192, January.
    9. Jahan Ara Peerally & John Cantwell, 2011. "The Impact Of Trade Policy Regimes On Firms' Learning For Innovation From Suppliers," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 15(01), pages 29-68.
    10. Tirta Mursitama, 2006. "Creating relational rents: The effect of business groups on affiliated firms’ performance in Indonesia," Asia Pacific Journal of Management, Springer, vol. 23(4), pages 537-557, December.
    11. Javier Revilla Diez & Martin Berger, 2005. "The Role of Multinational Corporations in Metropolitan Innovation Systems: Empirical Evidence from Europe and Southeast Asia," Environment and Planning A, , vol. 37(10), pages 1813-1835, October.
    12. Jesus Felipe & Arnelyn Abdon & Utsav Kumar, 2012. "Tracking the Middle-income Trap: What Is It, Who Is in It, and Why?," Economics Working Paper Archive wp_715, Levy Economics Institute.
    13. Lee, Ting-Lin & von Tunzelmann, Nick, 2005. "A dynamic analytic approach to national innovation systems: The IC industry in Taiwan," Research Policy, Elsevier, vol. 34(4), pages 425-440, May.
    14. Archibugi, Daniele & Coco, Alberto, 2004. "A New Indicator of Technological Capabilities for Developed and Developing Countries (ArCo)," World Development, Elsevier, vol. 32(4), pages 629-654, April.
    15. Bryan K. Ritchie, 2004. "Politics and Economic Reform in Malaysia," William Davidson Institute Working Papers Series 2004-655, William Davidson Institute at the University of Michigan.
    16. Fu-Lai Tony Yu, 2009. "Taiwan's Entrepreneurs and International Coordination: Evolution of Global Production Network in Electronics and IT Industries," Global Economic Review, Taylor & Francis Journals, vol. 38(1), pages 49-62.
    17. repec:ilo:ilowps:369852 is not listed on IDEAS
    18. Bryan K. Ritchie, 2010. "Systemic Vulnerability and Sustainable Economic Growth," Books, Edward Elgar Publishing, number 13731.
    19. J H Chen & T S Jan, 2005. "A system dynamics model of the semiconductor industry development in Taiwan," Journal of the Operational Research Society, Palgrave Macmillan;The OR Society, vol. 56(10), pages 1141-1150, October.
    20. Hye-Ran Hwang & Jae-Yong Choung, 2014. "The Co-evolution of Technology and Institutions in the Catch-up Process: The Case of the Semiconductor Industry in Korea and Taiwan," Journal of Development Studies, Taylor & Francis Journals, vol. 50(9), pages 1240-1260, September.
    21. Zhang, Haoyu & Shi, Yongjiang & Liu, Jianxin & Wu, Xiaobo, 2021. "How do technology strategies affect the catch-up progress of high-tech latecomers? Evidence from two Chinese research-institute-transformed telecommunications firms," Journal of Business Research, Elsevier, vol. 122(C), pages 805-821.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:glecrv:v:33:y:2004:i:4:p:97-122. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/RGER20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.