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Betting on BiotechInnovation and the Limits of Asia's Developmental State$
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Joseph Wong

Print publication date: 2011

Print ISBN-13: 9780801450327

Published to Cornell Scholarship Online: August 2016

DOI: 10.7591/cornell/9780801450327.001.0001

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Reorganizing the State

Reorganizing the State

(p.43) Chapter 2 Reorganizing the State
Betting on Biotech

Joseph Wong

Cornell University Press

This chapter examines the state in the specific context of biotech innovation as well as the extent to which earlier patterns of state intervention and state organization have endured in the current era of knowledge-based industrial development. It argues that the diminishing coordinative capacity of the state in Korea, Taiwan, and Singapore means that the state cannot pick winners any longer. More specifically, it discusses three reasons for the reorganization of the state apparatus and its retreat from coordinating the biotech sector: the decentralization of expertise among state-level actors; the absence of institutional leadership inside the state apparatus; and the articulation of new strategic rationalizations about the state's more modest role in managing the biotech industry's technological, economic, and temporal uncertainties. Finally, it shows that there have been significant continuities in how the state is organized and in how decision makers inside the state see their guiding role in biotech development.

Keywords:   state, biotech innovation, state intervention, industrial development, Korea, Taiwan, Singapore, state apparatus, biotech industry, biotech development

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