Crisis and Innovation in Asian Technology
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Crisis and Innovation in Asian Technology by William W. Keller
Book DescriptionIn mid-May 1997, a financial crisis erupted in Asia after an attack by private investors on the baht, the Thai currency. The crisis spread quickly across the region, where investor confidence plummeted, resulting in massive capital outflows, stock market collapses, high unemployment, and even insurrection. The Asian 'economic miracle' that had stimulated so much awe and even dread, now invoked pity and apprehension in greater measure. The contributors to this volume investigated change in the innovation and production systems of Asian states in response to economic and political upheaval. They conducted empirical studies of several regional industries - autos, semiconductors, and hard disk drives - and seven different national economies: China, Malaysia, Japan, Singapore, South Korea, Thailand, and Taiwan. In the face of crisis and global competition, the Asian states superimposed change at the margins, seeking unique technohybrid solutions to build capabilities to compete in local, regional, and even global markets.
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Book DetailsISBN: 9780521524094
(228mm x 152mm x 19mm)
Imprint: Cambridge University Press
Publisher: Cambridge University Press
Publish Date: 3-Feb-2003
Country of Publication: United Kingdom
Books By Author William W. Keller
Myth of the Global Corporation, Paperback (May 1999)» View all books by William W. Keller
Critics and defenders of multinational corporations agree that the activities of multinationals are creating a global market that is rendering national borders obsolete. This book argues that such expectations rest on a myth. It explores the relationship between corporate behavior and national institutions and cultures.
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