Abstract
The previous chapter discussed how large corporations in Korea are defending their technological advantage from external threats, including mad technologies, by reinforcing transactional governance through a policy of constant organizational innovation. In our case study chapters, we discovered that the private sectors in Japan and Taiwan are also strengthening their capacities to undertake technological and organizational innovations in order to fight back against mad technologies. All of this indicates that macroeconomic governance by the public sector is weakened to the extent that it no longer seems to be able to regulate global economic contingencies, as the Asian financial crisis of the late 1990s clearly indicated.
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© 2005 Ingyu Oh, Hun-Joon Park, Shigemi Yoneyama and Hyuk-Rae Kim
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Oh, I., Park, HJ., Yoneyama, S., Kim, HR. (2005). Prospects for East Asian Economic Governance. In: Mad Technology. Palgrave Macmillan, London. https://doi.org/10.1057/9780230554924_9
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DOI: https://doi.org/10.1057/9780230554924_9
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-52265-1
Online ISBN: 978-0-230-55492-4
eBook Packages: Palgrave Business & Management CollectionBusiness and Management (R0)