Brave old world: Accounting for 'high-tech' knowledge in 'low-tech' industries
'Lower-tech' sectors are still commonly regarded as unusual suspects in the modern process of innovation and economic change. In this paper we try to understand better how organisations specialising in traditional businesses have been transformed by a period of paradigm-shift such as the one that characterised the final decades of the twentieth century. We focus on a population of nearly 500 of the world's largest innovative companies to assess the extent to which companies belonging to 'old-economy' sectors have been developing cutting-edge knowledge about clusters of new technologies such as ICT, new materials and biotechnology. We find that 'non-high-tech' corporations transformed their patent portfolios in a non-trivial way. Companies in mature trades contributed significantly to the development of technologies that are at the core of the so-called Third Industrial Revolution.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Adam B. Jaffe, 1999.
"The U.S. Patent System in Transition: Policy Innovation and the Innovation Process,"
NBER Working Papers
7280, National Bureau of Economic Research, Inc.
- Jaffe, Adam B., 2000. "The U.S. patent system in transition: policy innovation and the innovation process," Research Policy, Elsevier, vol. 29(4-5), pages 531-557, April.
- G. N. Von Tunzelmann, 1998. "Localized Technological Search And Multi-Technology Companies," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 6(2-3), pages 231-256.
- Wesley M Cohen & Richard R Nelson & John P Walsh, 2003.
"Protecting Their Intellectual Assets: Appropriability Conditions and Why U.S. Manufacturing Firms Patent (Or Not),"
Levine's Working Paper Archive
618897000000000624, David K. Levine.
- Wesley M. Cohen & Richard R. Nelson & John P. Walsh, 2000. "Protecting Their Intellectual Assets: Appropriability Conditions and Why U.S. Manufacturing Firms Patent (or Not)," NBER Working Papers 7552, National Bureau of Economic Research, Inc.
- Sandro Mendonca, 2006.
"The Revolution Within: Ict And The Shifting Knowledge Base Of The World'S Largest Companies,"
Economics of Innovation and New Technology,
Taylor & Francis Journals, vol. 15(8), pages 777-799.
- Sandro Mendonça, 2005. "The Revolution Within: ICT and the Shifting Knowledge Base of the World’s Largest Companies," LEM Papers Series 2005/19, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Nelson, Richard R., 2008. "What enables rapid economic progress: What are the needed institutions," Research Policy, Elsevier, vol. 37(1), pages 1-11, February.
- David Jacobson & Hartmut Hirsch-Kreinsen & Keith Smith & Staffan Laestadius, . "Low-Tech Industries and the Knowledge Economy: State of the Art and Research Challenges," STEP Report series 200316, The STEP Group, Studies in technology, innovation and economic policy.
- Patel, Pari & Pavitt, Keith, 1997. "The technological competencies of the world's largest firms: Complex and path-dependent, but not much variety," Research Policy, Elsevier, vol. 26(2), pages 141-156, May.
- Felicia Fai & Nicholas Von Tunzelmann, 2001. "Scale And Scope In Technology: Large Firms 1930/1990," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 10(4), pages 255-288.
- Hicks, Diana & Breitzman, Tony & Olivastro, Dominic & Hamilton, Kimberly, 2001. "The changing composition of innovative activity in the US -- a portrait based on patent analysis," Research Policy, Elsevier, vol. 30(4), pages 681-703, April.
- Freeman, Chris & Louca, Francisco, 2002.
"As Time Goes By: From the Industrial Revolutions to the Information Revolution,"
Oxford University Press, number 9780199251056, June.
- Freeman, Chris & Louca, Francisco, 2001. "As Time Goes By: From the Industrial Revolutions to the Information Revolution," OUP Catalogue, Oxford University Press, number 9780199241071, June.
- repec:fth:harver:1473 is not listed on IDEAS
- Murmann, J. Peter, 2002. "The coevolution of industries and national institutions: Theory and evidence," Discussion Papers, various Research Units FS IV 02-14, Social Science Research Center Berlin (WZB).
- Fai, Felicia & von Tunzelmann, Nicholas, 2001. "Industry-specific competencies and converging technological systems: evidence from patents," Structural Change and Economic Dynamics, Elsevier, vol. 12(2), pages 141-170, July.
- Scherer, F. M., 1983. "The propensity to patent," International Journal of Industrial Organization, Elsevier, vol. 1(1), pages 107-128, March.
- Gemba, Kiminori & Kodama, Fumio, 2001. "Diversification dynamics of the Japanese industry," Research Policy, Elsevier, vol. 30(8), pages 1165-1184, October.
- Suzuki, Jun & Kodama, Fumio, 2004. "Technological diversity of persistent innovators in Japan: Two case studies of large Japanese firms," Research Policy, Elsevier, vol. 33(3), pages 531-549, April.
- Zvi Griliches, 1990.
"Patent Statistics as Economic Indicators: A Survey,"
NBER Working Papers
3301, National Bureau of Economic Research, Inc.
- Zvi Griliches, 1998. "Patent Statistics as Economic Indicators: A Survey," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 287-343 National Bureau of Economic Research, Inc.
- Griliches, Zvi, 1990. "Patent Statistics as Economic Indicators: A Survey," Journal of Economic Literature, American Economic Association, vol. 28(4), pages 1661-1707, December.
- Antonelli, Cristiano, 1999. "The Evolution of the Industrial Organisation of the Production of Knowledge," Cambridge Journal of Economics, Oxford University Press, vol. 23(2), pages 243-60, March.
- Robertson, Paul L. & Patel, Parimal R., 2007. "New wine in old bottles: Technological diffusion in developed economies," Research Policy, Elsevier, vol. 36(5), pages 708-721, June.
- Paola Giuri & John Hagedoorn & Myriam Mariani, 2002. "Technological Diversification and Strategic Alliances," LEM Papers Series 2002/04, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
- Pavitt, Keith, 1984. "Sectoral patterns of technical change: Towards a taxonomy and a theory," Research Policy, Elsevier, vol. 13(6), pages 343-373, December.
- Douglass C. North, 2005.
"Introduction to Understanding the Process of Economic Change
[Understanding the Process of Economic Change]," Introductory Chapters, Princeton University Press.
- Granstrand, Ove & Sjolander, Soren, 1990. "Managing innovation in multi-technology corporations," Research Policy, Elsevier, vol. 19(1), pages 35-60, February.
- Pavitt, Keith, 1998. "Technologies, Products and Organization in the Innovating Firm: What Adam Smith Tells Us and Joseph Schumpeter Doesn't," Industrial and Corporate Change, Oxford University Press, vol. 7(3), pages 433-52, September.
- Gambardella, Alfonso & Torrisi, Salvatore, 1998. "Does technological convergence imply convergence in markets? Evidence from the electronics industry," Research Policy, Elsevier, vol. 27(5), pages 445-463, September.
When requesting a correction, please mention this item's handle: RePEc:eee:respol:v:38:y:2009:i:3:p:470-482. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
If references are entirely missing, you can add them using this form.