IDEAS home Printed from https://ideas.repec.org/h/pal/palchp/978-0-230-51260-3_8.html
   My bibliography  Save this book chapter

‘Jumping Aboard’ a New Sectoral System of Innovation: The Strategies of South Korea and Taiwan in Liquid Crystal Displays

In: National Systems of Innovation

Author

Listed:
  • Stuart Peters

Abstract

In Chapter 4, it was discussed how Japan caught up with the US in semiconductors. Between the late 1980s and early 1990s South Korea turned the tables on Japan and caught up with it in semiconductors. While South Korea’s success in the semiconductor industry is well known, and is analysed later, what has so far gone relatively unappreciated is the progress it has made in TFT-LCDs. Within a period of approximately five years, South Korea had become the world’s second biggest producer of TFT-LCDs, and then it proceeded to overtake Japan. At the beginning of the 1990s, the joint objective of the government and chaebols1 was to increase the country’s share of the global market from 2.5 per cent in 1992 to 7.5 per cent by 1997.2 That objective has not only been achieved, it has been surpassed by an enormous margin. In 1997 South Korea’s global market share was estimated to have been anywhere between 10 per cent,3 and 19.9 per cent.4 By 2003 it had increased to 44 per cent.5 South Korea has managed this by using a very similar strategy to the one used in the semiconductor industry.

Suggested Citation

  • Stuart Peters, 2006. "‘Jumping Aboard’ a New Sectoral System of Innovation: The Strategies of South Korea and Taiwan in Liquid Crystal Displays," Palgrave Macmillan Books, in: National Systems of Innovation, chapter 8, pages 183-210, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-51260-3_8
    DOI: 10.1057/9780230512603_8
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:pal:palchp:978-0-230-51260-3_8. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.palgrave.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.