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학술논문

Evolutionary State-Private Partnerships in the Electronics Global Value Chain (GVC) of the Asian Developmental State

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영문명
발행기관
세종대학교 경제통합연구소
저자명
Wonkyu Shin Changyong Choi
간행물 정보
『Journal of Economic Integration』제40권 제4호, 605~630쪽, 전체 26쪽
주제분류
경제경영 > 경제학
파일형태
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발행일자
2025.12.31
5,920

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국문 초록

This study proposes a novel state-private partnership model to support the Just-in-Value (JIV) paradigm—offered as a strategic alternative to traditional Just-in-Time (JIT) and Just-in-Case (JIC) approaches amid global value chain (GVC) restructuring under re-globalization. JIV prioritizes long-term value creation through innovation-led, trust-based collaboration between the state and the private sector. Through comparative case studies of Singapore, Thailand, and China, this study identifies three key drivers of domestic value capture from FDI: political stability, coherent policy frameworks, and strong innovation ecosystems. Singapore exemplifies a "strategic orchestrator" model, successfully internalizing high-value activities via sustained public-private coordination. Thailand's fragmented governance and weak private sector integration have hindered its upgrading. China has retained significant domestic value through strong state-led coordination with unconventional non-market policies but now faces growing constraints amid escalating U.S.-China tensions and global market decoupling. These findings highlight the need for Asian developmental states to transition toward more adaptive, trust-based public-private partnerships—ones that not only respond to global uncertainties but also empower the private sector to take a leading role in fostering sustainable, innovation-driven economic growth.

영문 초록

목차

I. Introduction
II. Developments and Challenges of Electronics GVC in the Asian Developmental States
III. Conceptual Framework for Analysis: Evolutionary State-Private Partnership
IV. ASEAN Electronics Export and Industry Upgrading in Value-Added
V. Conclusion
References

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APA

Wonkyu Shin,Changyong Choi. (2025).Evolutionary State-Private Partnerships in the Electronics Global Value Chain (GVC) of the Asian Developmental State. Journal of Economic Integration, 40 (4), 605-630

MLA

Wonkyu Shin,Changyong Choi. "Evolutionary State-Private Partnerships in the Electronics Global Value Chain (GVC) of the Asian Developmental State." Journal of Economic Integration, 40.4(2025): 605-630

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