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Rethinking the Management of Technological Innovations, Product Complexity and Modularity: The Effects of Low-Probability, High-Impact Events on Automotive Supply Chains

In: Driving the Economy through Innovation and Entrepreneurship

Author

Listed:
  • Adrian E. Coronado Mondragon

    (Royal Holloway University of London)

  • Christian E. Coronado Mondragon

    (Fisheries and Marine Institute of Memorial University of Newfoundland)

Abstract

Japan’s tidal wave of 2011 represented a Black Swan, one low-probability, high-impact event that disrupted supply chains all over the world. The automotive sector, characterized for the extensive use of modularity to handle technological innovations and product complexity, was severely affected. A review is provided of the implications of the 2011 Black Swans on supply chains of automotive modules that use complex electronic components such as microcontroller units (MCUs). The disruptions to the supply of MCU-based modules prompted to discuss the supplier park model, resulting in the generation of a solution that has the potential to mitigate future Black Swans effects.

Suggested Citation

  • Adrian E. Coronado Mondragon & Christian E. Coronado Mondragon, 2013. "Rethinking the Management of Technological Innovations, Product Complexity and Modularity: The Effects of Low-Probability, High-Impact Events on Automotive Supply Chains," Springer Books, in: Chiranjit Mukhopadhyay & K B Akhilesh & R. Srinivasan & Anjula Gurtoo & Parthasarathy Ramachandran & (ed.), Driving the Economy through Innovation and Entrepreneurship, edition 127, pages 525-535, Springer.
  • Handle: RePEc:spr:sprchp:978-81-322-0746-7_43
    DOI: 10.1007/978-81-322-0746-7_43
    as

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