Lecture: "Betting on Biotech in East Asia: Innovation Beyond the Developmental State." Prof. Joseph Wong

Professor Joseph Wong will present the findings from his new book, Betting on Biotech: Innovation beyond the Developmental State (Cornell University Press, 2011), which examines the emerging biotechnology sector in Taiwan, South Korea, and Singapore. These economies have invested billions of dollars in biotech industries since the 1990s, but commercial blockbusters and commensurate profits have not followed.

The profound uncertainties of life-science-based industries such as biotech have forced these nations to confront a new logic of industry development, one in which past strategies of picking and making winners have given way to a new strategy of throwing resources at what remain very long shots. Betting on Biotech illuminates a new political economy of industrial technology innovation in places where one would reasonably expect tremendous potentialR12; yet where billion-dollar bets in biotech continue to teeter on the brink of spectacular failure.

Speaker(s): Prof. Joseph Wong
Friday, Dec 2, 2011 at 12:30pm until 2:30pm on Friday, Dec 2, 2011
PHO (203)
Open to General Public
Admission is free
Center for Study of Asia
Michael Carroll
Boston University