At the end of the Cold War, the global economic system encountered a new phenomenon in the field of knowledge creation and technological innovation - the birth of mad technologies. This book analyses major changes in the national innovation systems (NIS) due to the introduction of mad technologies in East Asia. The authors find that mad technologies were the cause of stock market crashes and economic uncertainties in the region and conclude that successful corporations use various measures to neutralize mad technologies and/or incorporate them into the NIS.List of Figures List of Tables Preface Introduction Globalization and Mad Technology Changes of NIS in Japan, Korea and Taiwan National R&D Investments in Korea Innovation Strategies of the Korean Chaebols The Semiconductor Industry in Taiwan Japan's Commercialization Problem Why Governance Reforms are Not Effective Prospects for East Asian Economic Governance Conclusions References Index
'In the intellectual lineage of Charles Perrow's Normal Accidents and Susan Strange's Mad Money, Mad Technology is a serious and searching analysis of the past, present, and future of information and biochemical technology. Authors make a compelling case against the neoliberal consensus, and this book should provoke debate.' - John Lie, Professor and Dean of International and Area Studies, University of California, Berkeley, USA.
'Mad Technology is a long-awaited volume on the management of innovation and technology in the Asian context. Authors forewarn us about the danger of unregulated technologies that are freely sold in the global market. This book is a must for students, professionals, policy makers, and CEOs who want to know how to defend our normal science for a sustainable economic growth.' - Gordon Redding, Senior Affiliate Professor of AsianBusiness, INSEAD.
'In the intellectual lineage of Charles Perrow's Normal Accidents and Susan Strange's Mad Money, Mad Technology il8