Analysis of the development strategy of late-entrants in Taiwan and Korea's TFT-LCD industry

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Title:	Analysis of the development strategy of late-entrants in Taiwan and Korea's TFT-LCD industry
Authors:	洪秀婉;Hung, Shiu-Wan;Tsai, Juin-Ming;Cheng, Min-Jhih;Chen, Ping-Chuan
Contributors:	管理學院企業管理學系
Keywords:	Adoption of Innovations;Competence;Competitive strategy;Competitiveness;Developing Countries;Development Strategies;Economic Development;Economic growth;First mover;High technology;Innovation;Japan;Korea;Leadership;Market entry;Modelling;Quick follower;South Korea;Taiwan;Technological change;Technology;TFT-LCD
Date:	2012-02-01
Issue Date:	2026-04-23 11:17:54 (UTC+8)
Publisher:	Elsevier Ltd.;Elsevier Ltd
Abstract:	摘要： The strong and sustained growth performance over the last few decades of the emerging economies in Southeast Asia, including Korea and Taiwan, has stimulated an extensive literature. The ‘miracle’ explanation of economic growth in the Asian region is now discredited but the phenomenon remains the subject of several important economic debates in an extensive literature. These debates include the issue of whether there is a distinct Asian ‘model’ of growth, the extent to which their success marks the triumph of market-oriented solutions over government intervention and the sources of their competitiveness and productivity growth. This study examines the development strategy of late entrants in Taiwan and Korea’s TFT-LCD industry. It was suggested that Korea, under the full support of its government, tends to challenge the first mover in the TFT-LCD technology and compete with the frontier-Japan. On the other hand, Taiwan did not attempt to challenge the technology leadership in a confrontational manner, but focused on being a superior quick follower. In addition, the research paper also addresses the competitive strategies of both countries. The niche strategy for Korea can be attributed to global networking, production, investment, and innovation capability, while the niche strategy and the core competence of Taiwan’s TFT-LCD industry is mainly from system integration capability, quality, cost, and flexibility. The approaches of Taiwan and Korea may shed light on the strategies to be followed by developing countries when they seek to enter knowledge-intensive, high-technology sectors. ► We examined the late-entrants strategy of Taiwan and Korea’s TFT-LCD industry. ► Korea challenged the first mover and competed with the frontier-Japan. ► Taiwan focused on being a superior quick follower. ► The niche strategies for Korea and Taiwan attributed to different capabilities. ► The approaches shed light on the strategies for developing countries. 出版者： Elsevier Ltd 出版日期： 2012-02-01 出處： Technology in society, 2012-02, Vol.34 (1), p.9-22 版權： 2011 Elsevier Ltd 識別號： ISSN: 0160-791X 識別號： DOI: 10.1016/j.techsoc.2011.12.001 識別號： CODEN: TESODY
Appears in Collections:	[Department of Business Administration ] journal & Dissertation

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