Startup Capitalism

Robyn Klingler-Vidra, Ramon Pacheco Pardo

Format
Hardback
Publisher
Cornell University Press
Country
United States
Published
15 April 2025
Pages
258
ISBN
9781501780295

Startup Capitalism

Robyn Klingler-Vidra, Ramon Pacheco Pardo

In Startup Capitalism, Robyn Klingler-Vidra and Ramon Pacheco Pardo explore the place of startups in contemporary East Asian economies.

The last few decades have seen East Asian governments provide increasing support for startups-new, high-growth, technologically oriented firms. Yet, as the authors observe, such initiatives do not necessarily benefit the growth of startups as challengers to large, established firms. Rather, they often enable startups to function as boosters for the competitiveness of these firms. Startups, in short, are both disruptors to and resources for big businesses.

Klingler-Vidra and Pacheco Pardo demonstrate this dual role by examining the evolution of startup-centric policies in Japan, South Korea, Taiwan, and China. They show that in the region, what they call startup capitalism-an economic and political system in which startups contribute to employment, innovation, and growth-can take multiple forms. Rich with empirical detail, Startup Capitalism reveals how and why startups can end up working with-or even for-large firms to drive a country's technological capabilities.

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