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How to Win Schumpeterian Competition. Technological Transfers in the German Plastics Industry from the 1930s to the 1970s

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  • Streb, Jochen

Abstract

Introducing the concept of innovation capital we will analyse conditions under which a national industry is able to succeed in international Schumpeterian competition. Then we will discuss the significance of this concept for the economic development of the German plastics industry from the 1930s to the 1970s. Using a repeated game model of technological cooperation we will especially focus on technological transfers from chemical firms to plastics fabricators. We will deploy both a microeconomic approach when viewing product innovations transferred by the so-called Kunststoffrohstoffabteilung (KURO) of chemical firm BASF, and a macroeconomic approach when looking at the development of total factor productivity in the German plastics fabricating industry. It will turn out that we can distinguish three subperiods with respect to technological cooperation in the German plastics industry: the beginning in the period of National Socialist dictatorship and post war reconstruction, the developing in the time of the West German economic miracle, and the ending in the decade of the two oil price shocks.

Suggested Citation

  • Streb, Jochen, 1999. "How to Win Schumpeterian Competition. Technological Transfers in the German Plastics Industry from the 1930s to the 1970s," Center Discussion Papers 28374, Yale University, Economic Growth Center.
    • Handle: RePEc:ags:yaleeg:28374
    DOI: 10.22004/ag.econ.28374
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    References listed on IDEAS

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    1. Konstantinos Konstantakis & Panayotis G. Michaelides & Theofanis Papageorgiou, 2014. "Sector size, technical change and stability in the USA (1957-2006): a Schumpeterian approach," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 41(10), pages 956-974, October.

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