Abstract
This chapter describes the policies of some Asian countries for industrial technology development (ITD). It is not a comprehensive review of each country’s technology policy, but selected descriptions of its important elements. It illustrates the nature of technology markets and problems in developing countries, and the policies that can be adopted to improve them. More interestingly, it shows that while they had similar approaches to some technological problems, the NIEs dealt with several important issues very differently. To clarify these differences, this chapter draws a distinction between different strategies to deal with failures in technology markets.
I acknowledge my debt to an unpublished paper on East Asian technology policies by Anne-Marie Carroll, which I have drawn upon at several points.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
References
Amsden, A. (1989), Asia’s Next Giant (Oxford: Oxford University Press).
Brautigam, D. (1995), ‘The State as Agent: Industrial development in Taiwan, 1952–1972’, in H. Stein (ed.), Asian Industrialisation and Africa (London: Macmillan).
Carroll, A. M. (1994), ‘Technology Development Experiences of Japan, Singapore, Korea, Taiwan, and Hong Kong’ (Washington, DC, draft).
Clifford, M. (1994), ‘Trading Up’, Far Eastern Economic Review, 26 May, pp. 68–9.
Dahlman C. J. and Sananikone, O. (1990), ‘Technology Strategy in the Economy of Taiwan: Exploiting foreign linkages and investing in local capability’ (World Bank, draft).
Enos, J. and Park. W. H. (1987), The Adaptation and Diffusion of Imported Technologies in the Case of Korea (London: Croom Helm).
Gilley, B. (1995), ‘New Model’, Far Eastern Economic Review, 21 December pp. 50–2.
Hobday, M. G. (1995), Innovation in East Asia: The Challenge to Japan (Cheltenham: Edward Elgar).
Hou, Chi-Ming and Gee, S. (1993), ‘National Systems Supporting Technical Advance in Industry: The case of Taiwan’, in R. Nelson (ed.), National Innovation Systems (Oxford: Oxford University Press).
Kim, L. (1993), ‘National System of Industrial Innovation: Dynamics of capability building in Korea’, in R. R. Nelson (ed.), National Innovation Systems: A Comparative Analysis (Oxford: Oxford University Press).
Lall, S. et al. (1994), Malaysia’s Export Performance and its Sustainability (Manila: Asian Development Bank, draft).
Lall, S. (1987), Learning to Industrialize (London: Macmillan).
Lall, S. (1990), Building Industrial Competitiveness in Developing Countries (Paris: OECD).
Mowery, D. C. and Rosenberg, N. (1989), Technology and the Pursuit of Economic Growth (Cambridge: Cambridge University Press).
Najmabadi, F. and Lall, S. (1995), Developing Industrial Technology: Lessons for Policy and Practice (World Bank, OED Study).
OTA (1990), Making Things Better: Competing in Manufacturing (Office of Technology Assessment, Washington, DC: US Senate).
Pack, H. and L. E. Westphal (1986), ‘Industrial Strategy and Technological Change: Theory versus reality’, Journal of Development Economics, 22(1): 87–128.
Rhee, Y. W., Ross-Larson, B. and Purseil, G. (1984), Korea’s Competitive Edge (Baltimore: Johns Hopkins Press).
Selvaratnam, V. (1994), ‘Innovations in Higher Education: Singapore at the competitive edge’, (Washington, DC: World Bank), Technical Paper No. 222.
Song, J.-H., (1995), ‘Technology Financing in Korea’, The Korea Development Bank, Economic and Industrial Focus, December, pp. 1–10.
Soon, Teck-Wong (1994), ‘Singapore’, in S. D. Meyanathan, Industrial Structures and the Development of Small and Medium Enterprise Linkages: Examples from East Asia (World Bank, Economic Development Institute).
Soon, Teck-Wong and Tan, C. S. (1993), ‘Singapore: Public Policy and Economic Development’ (World Bank), background paper for The East Asian Miracle.
Stiglitz, J. E. (1989), ‘Markets, Market Failures and Development’, American Economic Review Papers and Proceedings, 79(2): 197–202.
Stoneman, P. (1987), The Economic Analysis of Technology Policy (Oxford: Oxford University Press).
Teubal, M. (forthcoming), ‘R&D and Technology Policy in NICs as Learning Processes’, World Development.
Wade, R. (1990), Governing the Market (Princeton: Princeton University Press).
Westphal, L. E. (1990), ‘Industrial Policy in an Export-Propelled Economy: Lessons from South Korea’s experience’, Journal of Economic Perspectives, 4(3): 41–59.
Wong, Poh-Kam (1995), ‘Singapore’s Technology Strategy’, in Denis F. Simon (ed.), The Emerging Technological Trajectory of the Pacific Rim (New York: East Gate), pp. 103–31.
World Bank (1993), The East Asian Miracle: Economic Growth and Public Policy (New York: Oxford University Press).
Young, A. (1991), ‘Learning by Doing and the Dynamic Effects of International Trade’, Quarterly Journal of Economics, CVI(2): 369–405.
Author information
Authors and Affiliations
Copyright information
© 1996 Sanjaya Lall
About this chapter
Cite this chapter
Lall, S. (1996). Technology Development Policies: Lessons from Asia. In: Learning from the Asian Tigers. Palgrave Macmillan, London. https://doi.org/10.1057/9780230389892_3
Download citation
DOI: https://doi.org/10.1057/9780230389892_3
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-67411-6
Online ISBN: 978-0-230-38989-2
eBook Packages: Palgrave Economics & Finance CollectionEconomics and Finance (R0)