- List of Figures
- List of Tables
- List of Boxes
- List of Contributors
- Innovation in the Making
- The Innovative Firm
- Networks of Innovators
- Innovation Processes
- Organizational Innovation
- Measuring Innovation
- The Systemic Nature of Innovation
- Systems of Innovation: Perspectives and Challenges
- Universities in National Innovation Systems
- Finance and Innovation
- Innovation and Intellectual Property Rights
- The Geography of Innovation: Regional Innovation Systems
- Globalization of Innovation: The Role of Multinational Enterprises
- How Innovation Differs
- Innovation through Time
- Sectoral Systems: How and Why Innovation Differs across Sectors
- Innovation In “Low-Tech” Industries
- Innovation in Services
- Innovation and Diffusion
- Innovation and Performance
- Innovation and Economic Growth
- Innovation and Catching-Up
- Innovation and Competitiveness
- Innovation and Employment
- Science, Technology, and Innovation Policy
Abstract and Keywords
This article considers not just traditional “low-tech” industries but also those classified by the Organization for Economic and Co-operation Development (OECD) as “medium-tech.” It combines them hereafter as “low- and medium-tech” (LMT) industries. These are frequently “mature” industries, where technologies and market conditions may change slowly. Furthermore, this article untangles the relationship between the technologies and markets which comprise an “industry”—effectively OECD type classifications are rejected in favor of alternative sectoral taxonomies. This article also elucidates the roles of firm strategies and structures in the LMT industries. The implications of this discussion for the evolution of industry structure, especially entry, are also considered in this text. Finally, this article concludes with a call for revising the academic agenda.
Nick Von Tunzelmann, Professor, SPRU, University of Sussex.
Virginia Acha, Research Fellow, SPRU, University of Sussex.
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