Knowledge and the State
The State has been seen as crucial for the phenomenal economic success of capitalism in Asian countries such as Korea and Taiwan (Amsden, 1989; 2001; Wade, 1990). Entrepreneurship on the other hand has been seen to flourish in countries in which free markets operate, and where the state’s role has been minor, such as in Hong Kong (Redding, 1990).
KeywordsForeign Direct Investment International Business Industrial District Business Success Business System
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