(% of total)
(% of total)
(share of total)
|SE Asia subtotala||0||64||117,388||41||12.9|
|Source: Peter Gourevitch,
Roger E. Bohn, and
David McKendrick, "Who Is Us? The Nationality of Production|
in the Hard Disk Drive Industry," The Data Storage Industry Globalization Project ( La Jolla, Calif.: Graduate
School of International Relations and Pacific Studies, University of California, San Diego, 1997).
|aIncludes Singapore, Malaysia, Thailand, Philippines, and Indonesia.|
even though they kept a higher share of employment in their home country, Japan's total employment in the industry was less than 20,000 in 1995, compared with more than 58,000 in the United States.
In conclusion, we would argue that companies must work for the good of their owners, workers, and customers, focusing on their own capabilities and taking advantage of other capabilities they need wherever they can find them. Their challenge is to use the global production system to get the best products to the market on time and at the lowest cost. The challenge for countries is to develop capabilities that are needed by the global production system, taking into account each country's existing capabilities and the strengths and weaknesses of local companies and industry structures.
Company success can be measured by standard indicators such as profitability, growth, market share, and technological leadership. The proper measures of country success depend on the country's circumstances. For some, total employment is critical, while for others it will be value added or wages paid. It would be wrong for Thailand to measure its success in disk drives by looking at the market share of Thai-owned companies, just as it would be wrong for the United States to gauge its position based on the share of final assembly located in the United States. Countries need to set realistic objectives and identify meaningful indicators to measure their success.
While company and country success can conflict at times, this need not be the case. The key to developing policies that align company and country