Technological Catching-up and Latecomer Strategy: A Case Study of the Asian Shipbuilding Industry

@article{ART001398513},
author={ 손은희 and 장성용 and 송재용 },
title={Technological Catching-up and Latecomer Strategy: A Case Study of the Asian Shipbuilding Industry},
journal={Seoul Journal of Business},
issn={1226-9816},
year={2009},
volume={15},
number={2},
pages={25-57},
doi={10.35152/snusjb.2009.15.2.002},
url={http://dx.doi.org/10.35152/snusjb.2009.15.2.002}

TY - JOUR
AU - 손은희
AU - 장성용
AU - 송재용
TI - Technological Catching-up and Latecomer Strategy: A Case Study of the Asian Shipbuilding Industry
T2 - Seoul Journal of Business
PY - 2009
VL - 15
IS - 2
PB - 서울대학교 경영연구소
SP - 25-57
SN - 1226-9816
AB - 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.
KW - Technological catching-up, latecomer strategy, imitation, learning myopia, technology regime, shipbuilding industry
DO - 10.35152/snusjb.2009.15.2.002
UR - http://dx.doi.org/10.35152/snusjb.2009.15.2.002
ER -

손은희 , 장성용 and 송재용 (2009). Technological Catching-up and Latecomer Strategy: A Case Study of the Asian Shipbuilding Industry. Seoul Journal of Business, 15( 2), 25- 57.

손은희 , 장성용 and 송재용 . 2009, “Technological Catching-up and Latecomer Strategy: A Case Study of the Asian Shipbuilding Industry”, Seoul Journal of Business, vol. 15, no. 2, pp. 25-57. Available from: doi:10.35152/snusjb.2009.15.2.002

손은희 장성용 et al. 송재용 “Technological Catching-up and Latecomer Strategy: A Case Study of the Asian Shipbuilding Industry” Seoul Journal of Business 15.2 pp. 25-57 (2009): 25.

손은희 , 장성용 , 송재용 . Technological Catching-up and Latecomer Strategy: A Case Study of the Asian Shipbuilding Industry Seoul Journal of Business [Internet]. 2009; 15( 2), : 25-57. Available from: doi:10.35152/snusjb.2009.15.2.002

손은희 , 장성용 and 송재용 . “Technological Catching-up and Latecomer Strategy: A Case Study of the Asian Shipbuilding Industry” Seoul Journal of Business 15, no.2 (2009): 25-57. doi: 10.35152/snusjb.2009.15.2.002

홈 권호 목록 논문 목록 논문 상세

Technological Catching-up and Latecomer Strategy: A Case Study of the Asian Shipbuilding Industry

Seoul Journal of Business

약어 : -

2009, vol.15, no.2, pp.25 - 57

DOI : 10.35152/snusjb.2009.15.2.002

발행기관 : 서울대학교 경영연구소

연구분야 : 경영학

손은희¹ , 장성용² , 송재용³

¹MIT

²서울대학교

³서울대학교

인용한 논문 수 : 9 서지 간략 보기

초록

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.

키워드

Technological catching-up, latecomer strategy, imitation, learning myopia, technology regime, shipbuilding industry

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