TY  - BOOK
AU  - Wong,Joseph
TI  - Betting on Biotech: Innovation and the Limits of Asia's Developmental State 
SN  - 9780801450327
AV  - HD9999.B443 W66 2016
U1  - 338.476606095 23
PY  - 2011///]
CY  - Ithaca, NY : 
PB  - Cornell University Press, 
KW  - Biotechnology industries
KW  - Korea (South)
KW  - Singapore
KW  - Taiwan
KW  - Industrial policy
KW  - Asian Studies
KW  - General Economics
KW  - Political Science & Political History
KW  - POLITICAL SCIENCE / Public Policy / Economic Policy
KW  - bisacsh
N1  - Frontmatter --; Contents --; Preface --; Introduction: Betting On Biotech --; 1. From Mitigating Risk to Managing Uncertainty --; 2. Reorganizing the State --; 3. Organizing Bio-industry --; 4. Manufacturing "Progress" --; 5. Regulatory Uncertainty --; Conclusion: Beyond the Developmental State --; Index; restricted access; Issued also in print
N2  - 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, South Korea, and Taiwan-whose experiences epitomized the analytic category of the "developmental state."In Betting on Biotech, Joseph Wong examines the emerging biotechnology sector in each of these three industrial dynamos. They have invested billions of dollars in biotech industries since the 1990s, but commercial blockbusters and commensurate profits have not followed. Industrial upgrading at the cutting edge of technological innovation is vastly different from the dynamics of earlier practices in established industries.The profound uncertainties of life-science-based industries such as biotech have forced these nations to confront a new logic of industry development, one in which past strategies of picking and making winners have given way to a new strategy of throwing resources at what remain very long shots. Betting on Biotech illuminates a new political economy of industrial technology innovation in places where one would reasonably expect tremendous potential-yet where billion-dollar bets in biotech continue to teeter on the brink of spectacular failure
UR  - https://doi.org/10.7591/9780801463372
UR  - https://www.degruyter.com/isbn/9780801463372
UR  - https://www.degruyter.com/document/cover/isbn/9780801463372/original
ER  -