Publications
Detailed Information
Technological Catching-up and Latecomer Strategy: A Case Study of the Asian Shipbuilding Industry
Cited 0 time in
Web of Science
Cited 0 time in Scopus
- Authors
- Issue Date
- 2009-12
- Citation
- Seoul Journal of Business, Vol.15 No.2, pp. 25-57
- Keywords
- Technological catching-up ; latecomer strategy ; imitation ; learning myopia ; technology regime ; shipbuilding industry
- Abstract
- This paper investigates the role of imitation and innovation in technological catching-up. On the one hand, excessive innovation and no imitation can never provide latecomers with absorptive capacity to embark on catching-up along the existing technological trajectory. On the other hand, excessive imitation and no innovation can debilitate the ability of latecomer firms to leapfrog incumbents by creating a new trajectory and further reducing the technological gap. Thus, we argue that successful technological catching-up in the long term can hardly be achieved without a fine balance between imitation and innovation at the early stage of catching-up. We also propose that occurrence of technological uncertainty at the later stage of catching-up allows latecomers with such balance to realize radical technological leapfrogging. By conducting a case study on the shipbuilding industry in the 20th century, we find supporting evidence that validates our argument.
- ISSN
- 1226-9816
- Language
- English
- Files in This Item:
Item View & Download Count
Items in S-Space are protected by copyright, with all rights reserved, unless otherwise indicated.