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TitleAdvancing Taiwan''s Semiconductor Industry: Capitalizing on its Comparative Advantage at the Global, Regional and Firm Levels
Year113
Semester1
Publish Date2024/09/27
Journal NameAdvancing Taiwan''s Semiconductor Industry: Capitalizing on its Comparative Advantage at the Global, Regional and Firm Levels
Journal Name OtherEl avance de la industria de semiconductores de Taiwán: Aprovechamiento de su ventaja comparativa a escala mundial, regional y empresarial
All AuthorFu-Chuan Florencia Huang
Unit
Publisher
VolumeJournals of Economics, Applied Statistics and Social Science, vol. 25, no. 2
SummaryTaiwan''s substantial growth in the 21st century is primarily driven by its production of crucial semiconductors, essential for the Fourth Industrial Revolution, technological advancements, and military enhancements. This prominence has positioned Taiwan as a vital player in the global semiconductor industry. This paper argues that Taiwan''s semiconductor success is not only due to its strategic partnerships, especially with Silicon Valley, but also its comparative advantages in industrial, institutional, and firm-level aspects as part of a catch-up strategy. The study explores Taiwan’s trajectory in semiconductor development, analyzing its competitive edge through the lenses of catch-up theories, global production networks and value chains, industrial clusters, and geopolitical factors. It concludes that Taiwan''s competitive edge is shaped by state-driven institutional and industrial advantages and by firms'' fast-follower strategies. These advantages are embedded within the global high-tech division of labor and supported by the regional network of the Hsinchu Science and Industrial Park, which facilitates pooled human resources, technological transfer, collaborative vertical division of labor, and complementary industries. Recent geopolitical tensions have reinforced the semiconductor alliance, pushing TSMC to expand globally. While this expansion enhances collaboration, it also increases competition and challenges. Nonetheless, Taiwan''s semiconductor dominance, based on these advantages, remains difficult to replicate elsewhere.
KeywordSemiconductor Industry, TSMC, Hsinchu Science and Industrial Park, Industrial Cluster, Clip Alliance.
Use LangEnglish
ISSN(ISBN)2788-7480
Journalnature國外
Level,Other
UniversityCooperation
CorrespondingAuthorFu-Chuan Florencia Huang
Reviewsystem是
Country秘魯
Open Call for Papers
PublicationStyle電子版,紙本
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