This paper analyzes the recent experience of Taiwan's information technology (IT) industry to explore the challenges and opportunities faced by a small economy that is deeply integrated into global networks of production and innovation. I introduce a conceptual framework to examine how...

The paper addresses disruptive changes that globalization imposes on the geography of innovation systems, and identifies potential benefits that developing countries could reap from international linkages. The analysis is centered on three propositions. First, developing countries need to blend...