SILICON VALLEYS IN RUSSIA AND MALAYSIA, SHENZHEN, DIDI CHUXING, AND WECHAT

Donghyun Park

Chapter 57 in Capitalism in the 21st Century:Why Global Capitalism Is Broken and How It Can Be Fixed, 2019, pp 260-263 from World Scientific Publishing Co. Pte. Ltd.

Abstract: Many countries around the world are aspiring to build their own Silicon Valleys. For example, Malaysia has its Cyberjaya, a town with a science park that was set up by the Malaysian government in May 1997 and is located 30 kilometers south of Kuala Lumpur, the capital. The explicit goal of Cyberjaya was to become the Silicon Valley of Malaysia. Even Russia, not exactly a paragon of entrepreneurship and private enterprise, envisions a Silicon Valley of its own. To this end, the Russian government has established the Skolkovo Innovation Center, just outside Moscow. The Center is a huge high-tech research campus which hosts startups and industry. Very few of these Silicon This or Silicon That, or Cyber North or Cyber South, have succeeded so far, and very few are likely to succeed in the future. The common thread running through the often quixotic efforts of countries around the world to create their own Silicon Valleys is the central role of the government…

Keywords: Capitalism; Globalization; Inequality; Entrepreneur; Financial Industry; Government; Socialism; Market (search for similar items in EconPapers)
JEL-codes: A1 F00 F6 N2 P16 (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.worldscientific.com/doi/pdf/10.1142/9789813274242_0057 (application/pdf)
https://www.worldscientific.com/doi/abs/10.1142/9789813274242_0057 (text/html)
Ebook Access is available upon purchase.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wsi:wschap:9789813274242_0057

Ordering information: This item can be ordered from

Access Statistics for this chapter

More chapters in World Scientific Book Chapters from World Scientific Publishing Co. Pte. Ltd.
Bibliographic data for series maintained by Tai Tone Lim ().