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Crisis and adaptation in East Asian innovation systems : Semiconductors in Taiwan and South Korea

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  • Crisis and adaptation in East Asian innovation systems
  • Keller, William W.; Pauly, Louis W.
  • Massachusetts Institute of Technology


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Title Crisis and adaptation in East Asian innovation systems
Similar Titles
Sub Title

Semiconductors in Taiwan and South Korea

Material Type Reports
Author(English)

Keller, William W.; Pauly, Louis W.

Publisher

Cambridge:Massachusetts Institute of Technology

Date 2001-01
Series Title; No MIT Japan program working paper series / 01.05
Pages 35
Subject Country South Korea(Asia and Pacific)
Language English
File Type Link
Subject Industry and Technology < IT
Industry and Technology < Others
Holding Massachusetts Institute of Technology

Abstract

In recent decades, both South Korea and Taiwan have made remarkable leaps in the development and production of semiconductors--the core element in burgeoning global telecommunications, computer, and computer equipment industries. Although many aspects of their sectoral industrial strategies have differed, both countries are now moving aggressively to adapt their semiconductor industries to turbulent global markets. In the wake of a severe regional financial crisis that began in 1997, this case study compares and contrasts continuing processes of adaptation among primary semiconductor manufacturers in the two countries. The crisis had observable effects, especially in Korea, but it was not deep enough to force fundamental adjustments in either country. In the early days of the industry in both places, a sense of vulnerability-the need to come from behind-gave rise to quite different corporate structures and attendant strategies. (The rest omitted)