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Betting on Biotech
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Betting on Biotech: Innovation and the Limits of Asia's Developmental State

Joseph Wong

Abstract

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, Korea, and Taiwan—whose experiences epitomized the analytic category of the “developmental state.” This book examines the emerging biotechnology sector in each of these three industrial dynamos. They have investe ... More

Keywords: investment strategy, global economic boom, postwar economic boom, postwar Japan, Asian Tigers, developmental state, emerging biotechnology, biotech industry, political economy

Bibliographic Information

Print publication date: 2011 Print ISBN-13: 9780801450327
Published to Cornell Scholarship Online: August 2016 DOI:10.7591/cornell/9780801450327.001.0001

Authors

Affiliations are at time of print publication.

Joseph Wong, author
Associate Professor and Canada Research Chair in Political Science and Director of the Asian Institute, the Munk School of Global Affairs, the University of Toronto

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