IDEAS home Printed from https://ideas.repec.org/a/oup/cambje/v14y1990i3p291-314.html
   My bibliography  Save this article

Institutions and Dynamic Comparative Advantage: The Electronics Industry in South Korea and Taiwan

Author

Listed:
  • Mody, Ashoka

Abstract

If development proceeds by stages, then Taiwan (as a more developed economy) should have preceded South Korea into high technology (capital--and knowledge intensive) production. In fact, Korea has overtaken Taiwan in many respects. The resolution of the paradox is traced principally to differences in industrial and firm structures in the two countries. The conglomerate organizational mode in Korea has permitted entry into many markets; the smaller Taiwanese firms have been unable to sustain themselves in these markets. As there firms head onto the 1990s, the limitations of their present industrial structures presage a possible convergence, with each moving towards the other. This paper suggests the importance of studying flexible institutional response, and particularly the inner workings of a firm, as an integral element of a theory of dynamic comparative advantage. Copyright 1990 by Oxford University Press.

Suggested Citation

  • Mody, Ashoka, 1990. "Institutions and Dynamic Comparative Advantage: The Electronics Industry in South Korea and Taiwan," Cambridge Journal of Economics, Oxford University Press, vol. 14(3), pages 291-314, September.
  • Handle: RePEc:oup:cambje:v:14:y:1990:i:3:p:291-314
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Mathews, John A. & Cho, Dong-Sung, 1999. "Combinative capabilities and organizational learning in latecomer firms: the case of the Korean semiconductor industry," Journal of World Business, Elsevier, vol. 34(2), pages 139-156, July.
    2. Mody, Ashoka, 1999. "Industrial policy after the East Asian crisis - from"outward orientation"to new internal capabilities?," Policy Research Working Paper Series 2112, The World Bank.
    3. Qiu, Yueming & Ortolano, Leonard & David Wang, Yi, 2013. "Factors influencing the technology upgrading and catch-up of Chinese wind turbine manufacturers: Technology acquisition mechanisms and government policies," Energy Policy, Elsevier, vol. 55(C), pages 305-316.
    4. Aw, Bee Yan & Batra, Geeta & Roberts, Mark J., 2001. "Firm heterogeneity and export-domestic price differentials: A study of Taiwanese electronics products," Journal of International Economics, Elsevier, vol. 54(1), pages 149-169, June.
    5. Aw, B. -Y. & Hwang, A. R., 1995. "Productivity and the export market: A firm-level analysis," Journal of Development Economics, Elsevier, vol. 47(2), pages 313-332, August.
    6. Hattori, Tamio & Sato, Yukihito, 1997. "A Comparative Study of Development Mechanisms in Korea and Taiwan: Introductory Analysis," The Developing Economies, Institute of Developing Economies, Japan External Trade Organization(JETRO), vol. 35(4), pages 341-357, December.
    7. Sato, Yukihito, 1997. "Diverging Development Paths of the Electronics Industry in Korea and Taiwan," The Developing Economies, Institute of Developing Economies, Japan External Trade Organization(JETRO), vol. 35(4), pages 401-421, December.

    More about this item

    Statistics

    Access and download statistics

    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:oup:cambje:v:14:y:1990:i:3:p:291-314. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Oxford University Press) or (Christopher F. Baum). General contact details of provider: https://academic.oup.com/cje .

    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.

    We have no references for this item. You can help adding them by using 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.