Taiwan has embarked on a new post-industrial or post-manufacturing industrial trajectory, targeting specifically biotechnology and the bio-business sector. Technological innovation has become the key imperative in Taiwan’s continued economic transformation. This transition invites a rethinking of the East Asian developmental state model and in particular the state’s role in leading knowledge-intensive industrial development. The article first offers a framework of analysis for the post-industrial developmental state, followed by an overview of the emerging biotechnology sector in Taiwan. The bulk of the article examines different political, economic and social challenges faced by the developmentally oriented state. The concluding section discusses how the interventionist state has begun to adapt in post-industrial and democratic Taiwan.
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