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Servitization, IT-ization and Innovation Models - Two-Stage Industrial Cluster Theory (Paperback)
Loot Price: R1,783
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Servitization, IT-ization and Innovation Models - Two-Stage Industrial Cluster Theory (Paperback)
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This book looks at two-stage industrial cluster theory and new
innovation models in the context of the IT-ization and
servitization of products. The formation of industrial clusters,
such as export processing zones and special economic zones, has
been the preferred mechanism for developing countries to boost
their industrial development and export performance for the past
several decades. Existing literature related to development
economics cites numerous benefi ts of industrial clusters, and
several countries have demonstrably reaped such benefits. The book
goes beyond an evaluation of the development of traditional
industrial clusters by promoting the idea of the formation of
two-stage clusters. Moreover, it takes into consideration new
innovation models, with ideas promoted that are based on empirical
evidence available through evaluations of Chinese and Taiwanese
firms in the consumer electronics and automobile sectors. Finally,
the book looks at company strategies in a new business environment
dominated by the servitization of industrial products. It proposes
that firms integrate manufacturing and services to a greater
extent, and, to substantiate these arguments, presents empirical
evidence from India, Taiwan, and Bangladesh. Furthermore, the study
contends that innovation and knowledge acquisition strategies are
infl uenced not only by the size of fi rms but that they also vary
with market preferences.
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