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FIGURE 7.15 Paci c Rim countries most active in the biotech industry.
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South Korea, located on the southern half of the Korean Peninsula, is home to about 48 million people in an area of approximately 9.8 million hectares. The population is highly educated, with 98 percent literacy, and 4 percent of the population below the poverty line. According to Korea Network Communications Center, about 60 percent of the population is online. Thailand, which is bordered by Malaysia and Cambodia to the south, and Burma and Laos to the north, is considerably larger than the other Pa ci c Rim counties considered here, at 51.4 million hectares. Its population of over 62 million people is 94 percent literate, with 13 percent of the pop ulation below the poverty line. In contrast with the other, more af uent Pa ci c Rim countries considered here, access to the Internet within Thailand is limited. Less than 2 percent of the population is online. Thailand also bears the dubious distinction of an adult HIV/AIDS prevalence of over 2 percent. The medical system is also burdened by the health consequences of severe environmental pollution. Taiwan is a small, 3.6 million hectares island off the eastern coast of China that is home to over 22 million people. About 86 percent of the pop ulation is literate, and only 1 percent lives below the poverty line. Half of the population is online. Although Taiwan enjoys an independent econ omy, its government is still resolving issues of possible uni cation with Mainland China. The city-state of Singapore, a 70,000-hectare island located just south of the tip of the Malaysian peninsula, is home to 4.5 million people. Liter acy is over 93 percent, and none of the population is below the poverty line, although there are special housing projects for migrant workers. Vir tually all of Singapore is wired for high-speed Internet access, with about 80 percent of the population online. Malaysia, which is split between the Southeastern Asian peninsula to the west and the northern part of the island of Borneo to the east, encompasses a total of 33 million hectares. The population of 22.7 million is over 83 per cent literate. About 8 percent of Malaysians live below the poverty line. In total, these ve countries are host to nearly 160 million people, with literacy ranging from a low of 83 percent in Malaysia to a high of 94 per cent in South Korea. The focus of the economies of these countries varies from the service industry in Singapore to agriculture in Thailand. These and other differences de ne the focus and extent of biotech research and development in each country. In addition, of cial Internet subscription data for residential users tends to grossly underestimate the actual online use, given that each subscription is often shared by several people. An overview of biotech activity of the Paci c Rim is provided in Figure 7.16, followed by a country-by-country synopsis.
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PACIFIC RIM (SOUTH KOREA, THAILAND, TAIWAN, SINGAPORE, AND MALAYSIA) Area Infrastructure Information Technology Rating Good to Fair Good to Fair Good to Poor Fair Good to Poor Good to Fair Poor Good Poor Fair to Poor Fair to Poor Poor Good to Poor Good to Poor Fair to Poor Poor Poor Fair to Poor Poor Note All countries have a solid communications infrastructure but Thailand and Malaysia lack leading edge computational abilities Good in Singapore and Taiwan; fair in Thailand, Malaysia, and South Korea Poor in South Korea; good elsewhere General lack of depth in the life sciences Good in Singapore, which facilitates life sciences education, but poor in other countries Fair in South Korea; good elsewhere Most companies are startups Universal support from local government is driving the industry The little nancing available through universities is government backed Fair in Singapore and Taiwan; poor elsewhere Fair in Singapore; poor elsewhere Preponderance of early-stage companies Good in Singapore; poor elsewhere Good in Singapore; fair in Taiwan; poor elsewhere Fair in Thailand and Malaysia; poor elsewhere Little commercial activity funded by military Biotech activity may increase demand for computers and software throughout the region Fair in Singapore; poor elsewhere Research results not ready for commercialization
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Legal-Regulatory Intellectual Property Labor Education Public Attitude Financing Industry Government Universities and Colleges Nonpro t Institutions Private Investors Venture Capital Strategic Alliances Biotech Industries Pharmaceuticals Agriculture Military Computing Medicine Biomaterials
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