How the Rise of the Networked Techno-National State Enhances Innovation, Entrepreneurism and Economic Growth
Professor and Director of Global Asian Studies at DePaul University
in conversation with
Asia-Pacific Program Fellow at the EastWest Institute
The biomedical industry is among the fastest growing sectors worldwide. Despite being an economic development target for numerous national governments, Asia is leading the pack to position itself at the heart of this growth. But what accounts for the rapid and sustained economic growth of biomedicals in Asia?
To answer this question, Dr. Kathryn Ibata-Arens’s latest book, Beyond Technonationalism: Biomedical Innovation and Entrepreneurship in Asia, integrates global and national data with original fieldwork that considers how national governments have managed key factors like innovative capacity, government policy and firm-level strategies. By comparing the underlying competitive advantages of China, India, Japan and Singapore, what emerges is an argument that countries pursuing networked technonationalism effectively upgrade their capacity for innovation and encourage entrepreneurial activity within targeted industries.
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