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Competition-through-innovation: The third industrial stage

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  • Smith, James D

Abstract

This presentation describes a three-stage historical model developed as a part of a Ph.D. dissertation analyzing competition between U.S. and Japanese companies in electronics-related industries. The model is similar to that described by Piore and Sabel in The Second Industrial Divide, but companies under the third stage do not succeed by reacting quickly to exogenous technological change but by repeatedly leapfrogging their competitors through product and process innovation. This shifts the focus from the mechanical production process to the collaborative innovation process, which requires social systems to support collective learning.

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File URL: http://mpra.ub.uni-muenchen.de/9531/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 9531.

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Date of creation: 2001
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Handle: RePEc:pra:mprapa:9531

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Related research

Keywords: Innovation; Schumpeter; electronics; new competition; competition; manufacturing industries; historical model;

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  1. Alfred D. Chandler, 1969. "Strategy and Structure: Chapters in the History of the American Industrial Enterprise," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262530090, December.
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