The pathway of development: science and technology of NIEs and selected Asian emerging economies

Abstract

Many emerging countries in Asia demonstrate a strong pattern of growth and potential of diffusion in science and technology that is dynamic and self-propagating. To elucidate the evolution in science and technology and the institutional dynamics that drive the self-propagating behavior, this paper examines the divergent models pursued by selected Asian economies in regard to science and technological catch-up. An analysis of papers and patents production for each nation was conducted to examine the indigenous science and technology capabilities. This study focuses on six major economies, namely China, Malaysia, South Korea, Singapore, Taiwan and Thailand. In addition, Japan, a country with advanced development of science and technology, is included for comparison. The findings provided insight and understanding of evolving science and technological waves and the dynamic potentials in science and technology. We demonstrate the pursued catching-up models that drive the self-propagating behavior and industrialization, thus providing a more complete understanding of the innovation systems than those examined in previous studies.