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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.

Suggested Citation

  • Smith, James D, 2001. "Competition-through-innovation: The third industrial stage," MPRA Paper 9531, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:9531
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    File URL: https://mpra.ub.uni-muenchen.de/9531/1/MPRA_paper_9531.pdf
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    References listed on IDEAS

    as
    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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    More about this item

    Keywords

    Innovation; Schumpeter; electronics; new competition; competition; manufacturing industries; historical model;
    All these keywords.

    JEL classification:

    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • L22 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Firm Organization and Market Structure

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