Betting on Biotech: Innovation and the Limits of Asia's Developmental State
After World War II, several late-developing countries registered astonishingly high growth rates under strong state direction, making use of smart investment strategies, turnkey factories, and reverse-engineering, and taking advantage of the postwar global economic boom. Among these economic miracle...
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Ithaca, N.Y.
Cornell University Press
[2011]
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| Schlagworte: | |
| Online-Zugang: | FHA01 FKE01 FLA01 UBG01 UPA01 FAW01 FAB01 FCO01 Volltext |
| Zusammenfassung: | After World War II, several late-developing countries registered astonishingly high growth rates under strong state direction, making use of smart investment strategies, turnkey factories, and reverse-engineering, and taking advantage of the postwar global economic boom. Among these economic miracles were postwar Japan and, in the 1960s and 1970s, the so-called Asian Tigers-Singapore, South Korea, and Taiwan-whose experiences epitomized the analytic category of the "developmental state."In Betting on Biotech, Joseph Wong examines the emerging biotechnology sector in each of these three industrial dynamos. They have invested billions of dollars in biotech industries since the 1990s, but commercial blockbusters and commensurate profits have not followed. Industrial upgrading at the cutting edge of technological innovation is vastly different from the dynamics of earlier practices in established industries.The profound uncertainties of life-science-based industries such as biotech have forced these nations to confront a new logic of industry development, one in which past strategies of picking and making winners have given way to a new strategy of throwing resources at what remain very long shots. Betting on Biotech illuminates a new political economy of industrial technology innovation in places where one would reasonably expect tremendous potential-yet where billion-dollar bets in biotech continue to teeter on the brink of spectacular failure |
| Beschreibung: | Description based on online resource; title from PDF title page (publisher's Web site, viewed Feb. 24, 2017) |
| Beschreibung: | 1 online resource |
| ISBN: | 9780801463372 |
| DOI: | 10.7591/9780801463372 |
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| language | English |
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| spelling | Wong, Joseph Verfasser aut Betting on Biotech Innovation and the Limits of Asia's Developmental State Joseph Wong Ithaca, N.Y. Cornell University Press [2011] © 2011 1 online resource txt rdacontent c rdamedia cr rdacarrier Description based on online resource; title from PDF title page (publisher's Web site, viewed Feb. 24, 2017) After World War II, several late-developing countries registered astonishingly high growth rates under strong state direction, making use of smart investment strategies, turnkey factories, and reverse-engineering, and taking advantage of the postwar global economic boom. Among these economic miracles were postwar Japan and, in the 1960s and 1970s, the so-called Asian Tigers-Singapore, South Korea, and Taiwan-whose experiences epitomized the analytic category of the "developmental state."In Betting on Biotech, Joseph Wong examines the emerging biotechnology sector in each of these three industrial dynamos. They have invested billions of dollars in biotech industries since the 1990s, but commercial blockbusters and commensurate profits have not followed. Industrial upgrading at the cutting edge of technological innovation is vastly different from the dynamics of earlier practices in established industries.The profound uncertainties of life-science-based industries such as biotech have forced these nations to confront a new logic of industry development, one in which past strategies of picking and making winners have given way to a new strategy of throwing resources at what remain very long shots. Betting on Biotech illuminates a new political economy of industrial technology innovation in places where one would reasonably expect tremendous potential-yet where billion-dollar bets in biotech continue to teeter on the brink of spectacular failure In English Biotechnology industries Korea (South) Biotechnology industries Singapore Biotechnology industries Taiwan Industrial policy Korea (South) https://doi.org/10.7591/9780801463372 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Wong, Joseph Betting on Biotech Innovation and the Limits of Asia's Developmental State Biotechnology industries Korea (South) Biotechnology industries Singapore Biotechnology industries Taiwan Industrial policy Korea (South) |
| title | Betting on Biotech Innovation and the Limits of Asia's Developmental State |
| title_auth | Betting on Biotech Innovation and the Limits of Asia's Developmental State |
| title_exact_search | Betting on Biotech Innovation and the Limits of Asia's Developmental State |
| title_full | Betting on Biotech Innovation and the Limits of Asia's Developmental State Joseph Wong |
| title_fullStr | Betting on Biotech Innovation and the Limits of Asia's Developmental State Joseph Wong |
| title_full_unstemmed | Betting on Biotech Innovation and the Limits of Asia's Developmental State Joseph Wong |
| title_short | Betting on Biotech |
| title_sort | betting on biotech innovation and the limits of asia s developmental state |
| title_sub | Innovation and the Limits of Asia's Developmental State |
| topic | Biotechnology industries Korea (South) Biotechnology industries Singapore Biotechnology industries Taiwan Industrial policy Korea (South) |
| topic_facet | Biotechnology industries Korea (South) Biotechnology industries Singapore Biotechnology industries Taiwan Industrial policy Korea (South) |
| url | https://doi.org/10.7591/9780801463372 |
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