Jomo K.S. is Professor in the Faculty of Economic s and Administration at the University of Malaya, Kuala Lumpur, and is the author of many works on the political economy of Malaysian development, including Industrializing Malaysia (Routledge 1993). Greg Felker is Assistant Professor in the Division of Social Science at Hon g Kon g University of Science and Technology. Raja h Rasia h is Professor of Industrial Organization in the Institute of Malaysian and International Studies at the National University of Malaysia, Selangor. He is the author of Foreign Capital and Industrialization in Malaysia (1995).

• 1 Introduction 2 Foreign firms and national technological upgrading : the electronics industry in Malaysia3 Managing innovation in Malaysia: comparing Japanese and Malaysian companies 4 Understanding innovation in electronic s in Malaysia 5 Technology utilization level and choice: the electronics and electrical sector in Penang, Malaysia 6 Th e semiconductor industry in Malaysia 7 Firms, politics and political economy: patterns of subsidiary-parent linkages and technological capability-building in electronic s TNC subsidiaries in Malaysia 8 Technology transfer from Japanese consumer electronic firms via buyer-supplier relations 9 Government-business co-ordination and the development of Eng Hardware 10 Technology capacity building in the Malaysian automotive industry 11 Promoting industrial and technological development under contrasting industrial policies: the automobile industries in Malaysia and Thailand 12 Trust and the dynamics of Japanese joint ventures in Malaysia 13 Rents, technological innovation and firm competitiveness in a Bumiputera Malaysian firm 14 Malaysia's palm oil refining industry: policy, growth, technical change and competitiveness