This paper examines the forces that drive Taiwan’s new strategy of “Upgrading through Low-Cost and Fast Innovation”. The first section highlights characteristics of Taiwan’s traditional “Global Factory” innovation model and examines the role of innovation policy in that model....

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 focus of this paper is on the evolution of international production by Japanese electronics firms. In the first two parts, I trace the development of Japanese production networks in Asia through three different periods. Each of these periods reflects fundamentally different strategic...