Taiwan Machinery Manufacturing Corporation and the Role of State Firms in Economic Development
本文通过台湾机械制造公司的案例，研究国有企业如何通过提供制造设备和技术支持，解决协调失灵问题，推动工业发展和经济增长。
This article examines the role of state-owned firms in economic growth. While some scholars denigrate state firms, most analysts of East Asian development have noted their importance. To date, however, little work has been done on how state firms operate and how they have actually contributed to industrial development and economic growth. Looking closely at postwar Taiwan as a newly industrializing country and the case of Taiwan Machinery Manufacturing Corporation (TMMC), this article argues that state enterprises resolved coordination failures and provided manufacturing capacity to infant industries. Drawing on company archives and state records, I argue that TMMC helped drive growth through the provision of manufacturing machinery, equipment, parts, repairs, and upgrading. By supplying firms with the necessary technology and materials to modernize production and be competitive on the global market, I show how TMMC helped facilitate Taiwan’s economic miracle.