Confucian Controversy over Westernization in China: An Exposition and Criticism

The semiconductor industry in Taiwan has successfully developed over the past 20 years. The development of the industry can be featured by a spiral‐type industrial policy deployment of the state with special emphasis on R&;D and human resource development at public institutes and mobilization and organization of overseas human resources. All in all, the role played by the state has not been market‐intervention but the coordination of various systems functioning in the private sector.