Jump to ContentJump to Main Navigation
Betting on BiotechInnovation and the Limits of Asia's Developmental State$
Users without a subscription are not able to see the full content.

Joseph Wong

Print publication date: 2011

Print ISBN-13: 9780801450327

Published to Cornell Scholarship Online: August 2016

DOI: 10.7591/cornell/9780801450327.001.0001

Show Summary Details
Page of

PRINTED FROM Cornell University Press SCHOLARSHIP ONLINE (www.cornell.universitypressscholarship.com). (c) Copyright University of Cornell University Press, 2021. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in Cornell for personal use. date: 20 September 2021



Beyond the Developmental State

(p.165) Conclusion
Betting on Biotech

Joseph Wong

Cornell University Press

This book has highlighted the uncertainties of biotech innovation and the commercialization of cutting-edge life sciences technologies. Drawing on the experiences of Korea, Taiwan, and Singapore, it has shown that betting in biotechnology, despite being strategically rationalized, can prove very costly. In this respect, this book is about the processes of major political economic change and adaptation to a new paradigm of science-based industrial upgrading. It has addressed some sense of the “institutional origins” of industrial technology development systems, the choices made, and their political economic rationales, as well as the adaptive political economic imperatives of the current knowledge-intensive “third industrial revolution.” Betting on biotech in Korea, Taiwan, and Singapore has proceeded in the absence of—rather than according to—some coherent strategic plan, which runs counter to the ideals of a postwar developmental state. The book has also identified some important distinctions among the Korean, Taiwanese, and Singaporean approaches to biotech development.

Keywords:   biotech innovation, life sciences, Korea, Taiwan, Singapore, biotechnology, industrial upgrading, third industrial revolution, developmental state, biotech development

Cornell Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs, and if you can't find the answer there, please contact us.