Description - The Source of Capital Goods Innovation: The Role of User Firms in Japan and Korea by Kong Rae-Lee
Discussing how and by what paths Japan and Korea have built competitive and innovative capital goods sectors, this text examines the role of user firms in shaping the innovation dynamics of capital goods. These firms are represented in this study by car makers in both countries - companies which have involved themselves in the technical and entrepreneurial entry into machine tools along with active investments. The suggested consequence of this is an increased competitive advantage and competence of their specialized suppliers.
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