Industrial Policies In A Maturing Taiwan Economy

Chi Schive

Industry and Innovation, 1995, vol. 2, issue 1, 5-26

Abstract: Taiwan's successful industrialisation process with significant structural change now spans four decades. This paper analyses the role of small and medium enterprises and the development of secondary import substitution industries in Taiwan in relation to some policy debates. It is argued that market friendly and self-restrained industrial policies were key to the success of Taiwan's fast industrialisation. However, when Taiwan entered a more matured economy in the 1980s, a more liberal industrial policy was introduced.

Date: 1995
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DOI: 10.1080/13662719500000002

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