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Titanium Implants – A Comparison of a Swedish and an Ohio Firm

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  • Fridh, Ann-Charlotte

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    (The Ratio Institute)

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    Abstract

    Two firms in the health care market are studied in a case study of the introduction of two almost identical innovations. The two firms, both in the titanium implant business have been chosen so that they match when it comes to origin, technology and customers. But the diffusion occurred in two different (institutional) environments, the Swedish and the US. The whole process from invention to innovation and diffusion in the market is studied. The analysis takes its starting point in competence bloc theory (a Schumpeterian theory). We find that the institutional environment is crucial for firm growth.

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    Bibliographic Info

    Paper provided by The Ratio Institute in its series Ratio Working Papers with number 21.

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    Length: 35 pages
    Date of creation: 15 Apr 2003
    Date of revision:
    Handle: RePEc:hhs:ratioi:0021

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    Keywords: invention; innovation; institutional environment; titanium implants;

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    1. Douglas Holtz-Eakin & David Joulfaian & Harvey S. Rosen, 1993. "Sticking it Out: Entrepreneurial Survival and Liquidity Constraints," NBER Working Papers 4494, National Bureau of Economic Research, Inc.
    2. Lindh, Thomas & Ohlsson, Henry, 1996. "Self-Employment and Windfall Gains: Evidence from the Swedish Lottery," Economic Journal, Royal Economic Society, vol. 106(439), pages 1515-26, November.
    3. Blanchflower, D.G. & Oswald, A., 1991. "What Makes an Entrepreneur?," Economics Series Working Papers 99125, University of Oxford, Department of Economics.
    4. Gunnar Eliasson & Asa Eliasson, 1996. "The biotechnological competence bloc," Revue d'Économie Industrielle, Programme National Persée, vol. 78(1), pages 7-26.
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