Perfecting the Catching-up: The Case of Taiwan's Motorcycle Industry

The final stage of the catching-up process has formidable hurdles. This paper examines the case of Taiwan’s motorcycle industry and shows how latecomers overcame the hurdles. In the early 1990s, the two largest motorcycle makers in Taiwan, Sanyang and Kwang Yang, had completed the catching-up process and became independent from Honda, on which they had technologically depended since the early 1960s. The requisite for independence was acquiring the capacity for product innovation. The two assemblers could cultivate technological capacity by investing abundant resources, which they accumulated in the protected market. It should be noted that although the market was protected and highly concentrated, it was also very competitive. Another condition was the solid local suppliers of parts and components. The local suppliers had also grown under the government’s industrial policies. However, their development beyond imitators can be attributed to their own initiatives.

アブドッラー国王統治下のサウジ権力構造の変化 -- 2015年1月のサルマーン国王即位後の動きを含めて

The Basic Law of Governance in Saudi Arabia stipulates that the king of Saudi Arabia has absolute power in the government of Saudi Arabia. However, after King Abdullah's accession to the throne in 2005, his political powers were limited because of the presence of the so-called Sudeiri Seven, the powerful royal group that consists of the seven sons of King Abdel-Aziz's purported favorite wife, Sheikha Hussa bin Ahmad Sudeiri. The death of the crown prince Sultan in 2011 followed by the death of the next crown prince Naif in 2012, both members of the Sudeiri Seven, weakened the power of the Sudeiri Seven. As a result, King Abdullah's power had increased greatly compared to that of the Sudeiri Seven. Also, the sons of King Abdullah, who occupied prominent governmental posts, were acquiring strong influence in the regime. The death of King Abdullah in January 2015 and Salman's accession to the throne caused changes to the ruling regime in Saudi Arabia. King Salman appointed Prince Muqrin as crown prince and deputy premier, and Prince Muhammad b. Naif as deputy crown prince. King Salman also appointed his son Muhammad b. Salman as defence minister and head of the royal court. Finally, King Salman issued a royal order on January 29 to reshuffle his cabinet and dismiss the governors of the Riyadh and Makka.