MAD TECHNOLOGY: HOW EAST ASIAN COMPANIES ARE DEFENDING THEIR TECHNOLOGICAL ADVANTAGES; INGYU OH...ET AL

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 analyzes 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. At The End Of The Cold War, The Global Economy Encountered A New Threat: Unregulated Knowledge And The Means For Proliferating It. Born From The New Age Of Digital Information Sharing And Rapid Advance In Technological Innovation, We Call This New Knowledge 'mad Technology'. Without Proper Government Regulation, The Proliferation Of Mad Technology Has Taken On A Life Of Its Own, Becoming Available To Anyone With The Digital Means And Money To Obtain It. Free Access To Powerful Innovations Through Global Networks Holds The Destructive Potential To Cause Major Financial Crises, Stock Market Crashes, Even Cyber-terrorism. Without Neutralization Or Incorporation Of This Knowledge Into Existing Innovation Frameworks By Responsible Government And Corporate Players, The World We Live In Becomes Increasingly Vulnerable To Catastrophe. The Authors Focus On Three East Asian Countries (korea, Japan, And Taiwan) To Try To Identify What Has Been Done And What Else Could Be Done To Combat This Gathering Global Threat.--jacket. 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. Ingyu Oh ... [et Al.]. Includes Bibliographical References (p. 179-197) And Index. At the end of the Cold War, the global economy encountered a new threat. It was a new type of unregulated knowledge and the means for proliferating it. Born from the new age of digital information sharing and rapid advance in technological innovation, we call this new knowledge "mad technology." Without proper government regulation, the proliferation of mad technology has taken on a life of its own, becoming available to anyone with the digital means and money to obtain it. Free access to powerful new innovations through global networks holds the destructive potential to cause major financial crises, stock market crashes, cyber-terrorism, and possibly even nuclear fallout. Without neutralization or incorporation of this knowledge into existing innovation frameworks by responsible government and corporate players, the world we live in becomes increasingly vulnerable to catastrophe caused by this new phenomenon. The authors focus on three east Asian countries (Korea, Japan, andTaiwan) to try to identify what has been done and what else could be done to combat this gathering global threat 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.