‘institutional, social, and political changes’ (Ho, 1987: 226), thus showing the importance of the ‘interrelationships between economic and the non economic’ (ibid: 226). Innovation within local economies can be seen in the development of the Hsinchu industrial cluster within the Northern region of Taiwan. The cluster is one of the first areas where collaborating high tech firms developed. (Hsu et al, 2003). When assessing Hsinchu’s economic development path, one notices that technological aspects, human…
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