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The Lasting Competitive Advantage of US Firms

In: Medtech

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  • Pierre-Yves Donzé

    (Osaka University)

Abstract

This chapter provides general data about the US medtech and investigates two main models of companies. First, there are the giants of the electronic industry, especially General Electric. A classical business history approach, based on company archives, shows how the firm built, maintained, and developed its competitive advantage in the medtech industry over time. Second, the chapter focuses on the formation and growth of a new breed: the medtech multinationals (Medtronic, Boston Instruments, Johnson & Johnson, Baxter, etc.). This model is unique to the American medtech industry, and the process of growth (through R&D, diversification, and domestic and global M&As) sheds light on the basis of their development.

Suggested Citation

  • Pierre-Yves Donzé, 2022. "The Lasting Competitive Advantage of US Firms," Springer Books, in: Medtech, chapter 0, pages 63-95, Springer.
  • Handle: RePEc:spr:sprchp:978-981-16-7174-6_4
    DOI: 10.1007/978-981-16-7174-6_4
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