Modularization refers to the opportunity for mixing-and-matching of components in a modular product design in which the standard interfaces between components are specified to allow for a range of variation in components to be substituted in a product architecture. It is through...

This paper explores the impact of diversity of innovative strategies of firms upon the industrial dynamics through a micro-simulation model. We consider two types of firms each one being characterised by a specific innovative strategy. Basically we assume that some cumulative firms adopt an...

To introduce new products and processes, firms often acquire knowledge from other organizations. Drawing on social capital and transaction cost theory, we argue that not only is the impact of such acquisitions on the successful development of product and product innovations dependent on...

The paper is conceptual, combining project and economic organization literatures in order to explain the organization and management of market-based projects. It dedicates particular focus to projects set up in order to facilitate product innovation through experimentation. It investigates the...

This paper presents a lexical definition of firms' flexibility and its operationalization as used in the DISKO survey of 1900 Danish private firms. This operationalization is highlighted by data from a highly flexible firm which was visited in 1997 as part of a follow-up upon the questionnaire...

By focussing on cumulativeness and spillover effects of technological knowledge, theories on technological regimes are predominantly supply side oriented in explaining industrial dynamics. This paper introduces demand side considerations as an additional explanation for industrial dynamics....

Connecting the theory of National Systems of Innovation with Development theory offers new insights for a global and interdisciplinary analysis of the current problems of underdevelopment. Some of the main contributions of classical Development thinking are seen to be most relevant. The role of...

It is by now an established fact, that the so-called high technology industries have experienced growth rates way above average through most years. High technology industries share of the world manufacturers export has risen from 12 per cent in 1970 to 25 per cent in 1995. More than one-third of...

The benefits of an international division of labour is never illustrated more clearly than in small developed nations like Denmark. Without many natural resources such countries can never be self sufficient and they need access to foreign markets in order for their firms to specialise and...