Japan did it through big industrial conglomerates Keiretsus/Zaibatsus and so did Korea through Chaebols. Taiwan adopted a different strategy and that was to promote industrialization through small and medium enterprises. China, Thailand, Indonesia, Philippines and Malaysia encouraged foreign direct investment and joint ventures. The success of these strategies can be gauged from migration of product cycle.
In the 1970s U.S. firms such as RCA and Westinghouse dominated domestic appliances markets in the world, in the 1980s Sony, Sanyo and National of Japan took over this market, in the 1990s the production shifted to Korea with Samsung, LG, etc. and in this decade it is the Chinese companies such as Haier who are beginning to assert themselves.