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The Role of Government in East Asian Economic DevelopmentComparative Institutional Analysis$
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Masahiko Aoki, Hyung-Ki Kim, and Masahiro Okuno-Fujiwara

Print publication date: 1998

Print ISBN-13: 9780198294917

Published to Oxford Scholarship Online: January 2007

DOI: 10.1093/acprof:oso/9780198294917.001.0001

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The Role of Government in Acquiring Technological Capability: The Case of the Petrochemical Industry in East Asia

The Role of Government in Acquiring Technological Capability: The Case of the Petrochemical Industry in East Asia

Chapter:
(p.101) 4 The Role of Government in Acquiring Technological Capability: The Case of the Petrochemical Industry in East Asia
Source:
The Role of Government in East Asian Economic Development
Author(s):

Hyung‐Ki Kim

Jun Ma

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198294917.003.0004

This chapter uses case studies to assess the role of government in the acquisition of technological capability in the petrochemical industries in Japan, Korea, and Taiwan. The methods of government control are described, particularly those concerning market entry, technology transfers, and technology absorption. The mechanisms through which government policies impacted the development of petrochemical industries and minimized the possibility of government failures are discussed.

Keywords:   technological capability, Japan, Korea, Taiwan, government policy

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