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Promoting Balanced Competitiveness Strategies of Firms in Developing Countries (Hardcover, 2012)
Loot Price: R3,007
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Promoting Balanced Competitiveness Strategies of Firms in Developing Countries (Hardcover, 2012)
Series: Innovation, Technology, and Knowledge Management, 12
Expected to ship within 10 - 15 working days
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Since the pioneering work of Joseph Schumpeter (1942), it has been
assumed that innovations typically play a key role in firms'
competitiveness. This assumption has been applied to firms in both
developed and developing countries. However, the innovative
capacities and business environments of firms in developing
countries are fundamentally different from those in developed
countries. It stands to reason that innovation and competitiveness
models based on developed countries may not apply to developing
countries. In this volume, Vivienne Wang and Elias G. Carayannis
apply both theoretical approaches and empirical analysis to explore
the dynamics of innovation in developing countries, with a
particular emphasis on R&D in manufacturing firms. In so doing,
they present an alternative to Michael Porter's Competitive
Advantage Model-a Competitive Position Model that focuses on
incremental and adaptive innovations that are more appropriate than
radical innovations for developing countries. Their research
addresses such questions as: Do innovations advance the competitive
positions of manufacturing firms in developing countries? Does the
pace of innovation matter, in particular, in socio-economic and
socio-political contexts? To what degree can national innovation
systems and policies influence development? To what extent do a
firm's innovation commitments correlate with the protection of
intellectual property rights? What roles do foreign direct
investment and relationships with clusters and networks play? The
resulting analysis not only challenges traditional theoretical
approaches to innovation, but provides suggestions for improving
business practice and policymaking.
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