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Author: Fu-Lai Tony Yu Publisher: Springer Science & Business Media ISBN: 3642282644 Category : Business & Economics Languages : en Pages : 148
Book Description
Taiwan’s economic success is well known and considered to be one of the “East Asian Miracles” by the World Bank. This book examines the contributions of dynamic entrepreneurs to the economic development of Taiwan. It adopts Austrian theories of entrepreneurship and market process as a major analytical framework. Specifically, it focuses on knowledge and coordination problems. It examines how entrepreneurs identify and pursue profit opportunities, and how their efforts have enhanced Taiwan’s economic dynamics. This book sheds new light on the economic development of Taiwan.
Author: Fu-Lai Tony Yu Publisher: Springer Science & Business Media ISBN: 3642282644 Category : Business & Economics Languages : en Pages : 148
Book Description
Taiwan’s economic success is well known and considered to be one of the “East Asian Miracles” by the World Bank. This book examines the contributions of dynamic entrepreneurs to the economic development of Taiwan. It adopts Austrian theories of entrepreneurship and market process as a major analytical framework. Specifically, it focuses on knowledge and coordination problems. It examines how entrepreneurs identify and pursue profit opportunities, and how their efforts have enhanced Taiwan’s economic dynamics. This book sheds new light on the economic development of Taiwan.
Author: Fu-Lai Tony Yu Publisher: Nova Publishers ISBN: 9781600214981 Category : Business & Economics Languages : en Pages : 308
Book Description
Since the end of the Second World War, Taiwan has transformed in around 60 years time from a farmland to a high tech industrial economy. This book examines entrepreneurship, innovative systems and government policies in Taiwan.
Author: Ian Skoggard Publisher: Routledge ISBN: 1315284952 Category : Business & Economics Languages : en Pages : 209
Book Description
Using Taiwan's third largest export industry - shoe manufacturing - as a case study, this work contends that economic development can be tied to Taiwan's own cultural history as well as to the influx of foreign capital or the initiatives of the state government.
Author: Fu-Lai Tony Yu Publisher: Springer Science & Business Media ISBN: 3642282636 Category : Business & Economics Languages : en Pages : 148
Book Description
This book sheds new light on the economic development of Taiwan, examining how entrepreneurs identify and pursue profit opportunities, and showing how their efforts have enhanced Taiwan’s economic dynamics.
Author: Marco Veselka Publisher: ISBN: Category : Languages : en Pages : 0
Book Description
In modern economies an increased utilisation of more and more advanced technologies as well as the more intensive use of physical and human capital can be observed. In this regard, the economic development of Taiwan is considered to be a complementary process of capital accumulation, innovation and learning. This economic evolution primarily takes place within the corporate sector. Advocates of Austrian economics like Schumpeter and Kirzner highlighted entrepreneurship to promote economic development. Simplified expressed, Schum-peter stressed fundamental (radical) innovations that set the economic system into motion by breaking down established, but static structures (creative destruction). In contrast, Kirzner emphasized the alertness of entrepreneurs to identify and to exploit coordination failures in the market process by realizing secondary innovations. The opportunities for both fundamental and secondary innovations vary from firm to firm; from industry to industry; from economy to economy; as well as from time to time. Consequently, the analysis of competitive market processes and entrepreneurship has to involve market and firm characteristics as well as their evolution in the course of time. In the following, the productivity performance of Taiwanese firms in several industries is analyzed to estimate their innovative behaviour. In this respect, an approach is introduced that allow for technological and economic aspects on a (global) industry-wide as well as a (local) firm-specific level. Hayek stressed competition as a method to discover procedures in order to solve economic problems (competition as a discovery procedure). The ability to discover new superior solutions to solve economic problems is consequently regarded as the major asset of the competitive market. A competitive environment must obviously provide an incentive for entrepreneurs to strive for innovations. Relative profitability is introduced as a measure of the degree of competition in an industry. Thus, competition has to assure that a relative innovative firm receives higher profits in relation to a less-innovative firm. Concerning the above-mentioned productivity analysis, the productivity performance is applied to estimate a firm's level of proficiency. The estimation results suggest cross-industrial variations regarding the innovative potential as well as the degree of competition. Substantial innovative advancements are particularly observable in industries characterised by relative unstable market conditions, which in turn are provoked by (fundamental) innovations themselves. The degree of competition, i.e. how much a relative innovative firm is rewarded by relative high profits, tends to be higher in relative unstable industries, too. Although the results are ambiguous, there is evidence that competition processes, and thus dynamic market forces, contributed considerably to the economic development of Taiwan by promoting technical progress.
Author: Erik Thorbecke Publisher: Springer Science & Business Media ISBN: 1461549957 Category : Business & Economics Languages : en Pages : 448
Book Description
Taiwan's Development Experience: Lessons on Roles of Government and Market scrutinizes the main features of the Taiwanese development experience under five interrelated themes and domains: Outward-orientation vs. inward-orientation; Sources of growth; Dynamic balanced growth process: the interaction between agricultural and non-agricultural sectors; The role of government in the transition to a more market-oriented economy; and The potential transferability of the Taiwanese development experience to developing countries. In addition to highlighting the essential contributions of papers, the Editors also bring out the views and contributions, under each of the above headings, of two distinguished former Cornell University colleagues who are honored at the sponsoring conference - T.C. Liu and S.C. Tsiang.
Author: Françoise Mengin Publisher: Oxford University Press ISBN: 0190613033 Category : Political Science Languages : en Pages : 416
Book Description
The Republic of China that retreated to Taiwan in 1949 maintains its de facto, if not de jure, in- dependence yet Beijing has consistently refused formally to abandon the idea of reunifying Taiwan with China. As well as growing military pressure, the PRC's irredentist policy is premised on encouraging cross-Straits economic integration. Responding to preferential measures, Taiwanese industrialists have invested massively in the PRC, often relocating their businesses there. Fragments of a nation torn apart by contradictory claims, these entrepreneurs are vectors of a new form of unification imposed by the main- land, promoted but postponed on the island by the Nationalist Party, and rejected by Taiwanese pro-independence parties. Within what can be described as an unfinished civil war, socio-economic dynamics remain embedded in conflicts over sovereignty. Trans- national actors have freed themselves from security constraints, thereby benefiting economically from a reformist China, and ultimately restructuring politics in Taiwan itself, and, in so doing, relations between Beijing and Taipei. A fictitious depoliticization has governed the opening of the Sino-Taiwanese border in order to postpone any resolution of the sovereignty issue. Mengin's startlingly original book highlights the competing, and fragmented, elements within one of the world's most intractable territorial disputes.
Author: Tai-Chün Kuo Publisher: Routledge ISBN: 0415665906 Category : Business & Economics Languages : en Pages : 176
Book Description
This book tells the story of Taiwanâe(tm)s economic revolutionâe"how Taiwan transformed itself from a planned economy into a market economy between 1949 and 1965. The authors posit that it was the Kuomintang Government's endorsement of property rights reform and institutional change that enabled Taiwan to transform from an impoverished command economy to one of the fastest growing economies in the world. The book gives special attention to how a small group of political and economic leaders began adopting the new ideas and beliefs that created the vision that enabled them to embrace institutional and organizational innovations, actions which led to the formation of the new market economy. Using first-hand interview material with key government officials from the period, and analyses of hitherto unused Chinese-language archives including: the diaries of Chiang Kai-shek, Kuomintang party archives, and personal papers of Kuomintang leaders, as well as newspaper and journal articles published in Taiwan between 1949 and 1965, this book is both empirically rich, and gives the reader insights into Taiwan's developmental experience and the direction in which, under different circumstances, China's post-war expansion might have proceeded. Taiwan's Economic Transition will be an invaluable resource for anyone interested in the economic and political history and development of Taiwan. More broadly it will also appeal to scholars and students of China's historical and contemporary development, Asian economics, and Asian studies.
Author: Fu-Lai Tony Yu
Author: Fu-Lai Tony Yu
Author: 
Author: Fu-Lai Tony Yu
Author: Ian Skoggard
Author: Fu-Lai Tony Yu
Author: Ming-huei Chen
Author: Marco Veselka
Author: Erik Thorbecke
Author: Françoise Mengin
Author: Tai-Chün Kuo