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Examining the flow of technical knowledge between the US, Taiwan
and Mainland China over the last sixty-five years, this book shows
that the technical knowledge that has moved between these states is
vast and varied. It includes the invention and production of
industrial goods, as well as knowledge of the patterns of corporate
organization and management. Indeed, this diversity is reflected in
the process itself, which is driven both by returning expatriates
with knowledge acquired overseas and by successful government
intervention in acquiring technology from multinational firms.
Technology Transfer Between the US, China and Taiwan engages with
the evolving debates on the merits, importance and feasibility of
technology transfer in the process of economic development
globally, and uses the example of Taiwan to show that multinational
corporations can indeed play a positive role in economic
development. Further, it reveals the underlying tension between
international cooperation and nationalism which inevitably
accompanies international exchanges, as well as the delicate
balancing act required between knowledge acquisition and dangerous
levels of dependency, and the beneficial role of the US in East
Asia's technological development. With contributors from
disciplines ranging from history, geography, urban planning,
sociology, political science and electrical engineering, this
multi-disciplinary book will be of great interest to students and
scholars working across a broad range of subjects including Taiwan
studies, Chinese studies, economics, business studies and
development studies.
Examining the flow of technical knowledge between the US, Taiwan
and Mainland China over the last sixty-five years, this book shows
that the technical knowledge that has moved between these states is
vast and varied. It includes the invention and production of
industrial goods, as well as knowledge of the patterns of corporate
organization and management. Indeed, this diversity is reflected in
the process itself, which is driven both by returning expatriates
with knowledge acquired overseas and by successful government
intervention in acquiring technology from multinational firms.
Technology Transfer Between the US, China and Taiwan engages with
the evolving debates on the merits, importance and feasibility of
technology transfer in the process of economic development
globally, and uses the example of Taiwan to show that multinational
corporations can indeed play a positive role in economic
development. Further, it reveals the underlying tension between
international cooperation and nationalism which inevitably
accompanies international exchanges, as well as the delicate
balancing act required between knowledge acquisition and dangerous
levels of dependency, and the beneficial role of the US in East
Asia's technological development. With contributors from
disciplines ranging from history, geography, urban planning,
sociology, political science and electrical engineering, this
multi-disciplinary book will be of great interest to students and
scholars working across a broad range of subjects including Taiwan
studies, Chinese studies, economics, business studies and
development studies.
China presents us with a conundrum. How has a developing country
with a spectacularly inefficient financial system, coupled with
asset-destroying state-owned firms, managed to create a number of
vibrant high-tech firms? China's domestic financial system fails
most private firms by neglecting to give them sufficient support to
pursue technological upgrading, even while smothering
state-favoured firms by providing them with too much support. Due
to their foreign financing, multinational corporations suffer from
neither insufficient funds nor soft budget constraints, but they
are insufficiently committed to China's development. Hybrid firms
that combine ethnic Chinese management and foreign financing are
the hidden dragons driving China's technological development. They
avoid the maladies of China's domestic financial system while
remaining committed to enhancing China's domestic technological
capabilities. In sad contrast, China's domestic firms are
technological paper tigers. State efforts to build local innovation
clusters and create national champions have not managed to
transform these firms into drivers of technological development.
These findings upend fundamental debates about China's political
economy. Rather than a choice between state capitalism and building
domestic market institutions, China has fostered state capitalism
even while tolerating the importing of foreign market institutions.
While the book's findings suggest that China's state and domestic
market institutions are ineffective, the hybrids promise an
alternative way to avoid the middle-income trap. By documenting how
variation in China's institutional terrain impacts technological
development, the book also provides much needed nuance to
widespread yet mutually irreconcilable claims that China is either
an emerging innovation power or a technological backwater. Looking
beyond China, hybrid-led development has implications for new
alternative economic development models and new ways to
conceptualize contemporary capitalism that go beyond current
domestic institution-centric approaches.
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