Book Description
Taiwan, once one of the worlds leading manufacturing economies, is now transforming into a service economy, with an emphasis on knowledge-based services. This metamorphosis has not been easy. As well as major changes in the industrial sector, human resource and policy development have been required, the experiences and implications of which are addressed in this book. Although Taiwan is only in the initial stage of transition from a material- or capital-based economy to a knowledge-based economy, the process has already provided valuable lessons to be learnt. The ramification of transformations in manufacturing, agriculture, finance, services, and the information technology industry are examined and discussed. Tain-Jy Chen and Joseph S. Lee go on to reveal the problems and difficulties that Taiwan has encountered in creating itself a new knowledge based economy, including its outmoded service sector, the inability of businesses to pursue global production and services, and the lack of capacity to create knowledge and to innovate. Providing a discernible insight into the transformation of one of the most prominent newly industrialized countries into a knowledge-based economy, this book will greatly appeal to academics, researchers, and those with a specific interest in knowledge management or Asian economies, as well as to economic analysts.
About the Author
Edited by Tain-Jy Chen, Chung-Hua Institution for Economic Research, Taiwan and Joseph S. Lee, School of Management, National Central University, Taiwan
New Know Econ of Taiwan SYNOPSIS
Chen (Chung-Hua Institution for Economic Research, Taiwan) and Lee (School of Management, National Central U., Taiwan) consider Taiwan to be at the initial stages of switching from a material-based or capital-based economy to a knowledge-based economy. They present 11 papers that explore economic and policy issues of this transition, offering discussions of knowledge-based agriculture, the transformation of traditional manufacturing, the impact of financial globalization, knowledge "intensification" in information technology industries, the role of government in a knowledge-based economy, and the changing economic matrix between Taiwan and China. Annotation ©2004 Book News, Inc., Portland, OR