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Dynamic catch-up strategy, capability expansion and changing windows of opportunity in the memory industry

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  • Shin, Jang-Sup

Abstract

The memory industry has twice experienced a change of market leadership, from the US to Japan in the early 1980s and from Japan to Korea in the 1990s. More than two decades have now passed, however, without further leadership change. This paper examines the reasons for this and discusses its implications for catch-up strategies and changing windows of opportunity for latecomers. It identifies the catch-up strategy that is imperative in the memory industry as a “dynamic catch-up strategy” and investigates how it worked for Japan and Korea until the middle of the 1990s. It then explores why the strategy later became more difficult to implement successfully.

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  • Shin, Jang-Sup, 2017. "Dynamic catch-up strategy, capability expansion and changing windows of opportunity in the memory industry," Research Policy, Elsevier, vol. 46(2), pages 404-416.
    • Handle: RePEc:eee:respol:v:46:y:2017:i:2:p:404-416
    DOI: 10.1016/j.respol.2016.09.009
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    Cited by:

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    15. Na Zhang & Chao Sun & Min Xu & Xuemei Wang & Jia Deng, 2023. "Catching Up of Latecomer Economies in ICT for Sustainable Development: An Analysis Based on Technology Life Cycle Using Patent Data," Sustainability, MDPI, vol. 15(11), pages 1-29, June.
    16. Giachetti, Claudio & Mensah, Deborah Tiniwah, 2023. "Catching-up during technological windows of opportunity: An industry product categories perspective," Research Policy, Elsevier, vol. 52(2).
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    18. Guo, Yanting & Zheng, Gang, 2019. "How do firms upgrade capabilities for systemic catch-up in the open innovation context? A multiple-case study of three leading home appliance companies in China," Technological Forecasting and Social Change, Elsevier, vol. 144(C), pages 36-48.
    19. Lee, Keun, 2019. "Economics of Technological Leapfrogging," MPRA Paper 111034, University Library of Munich, Germany.
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