Technological knowledge and the theory of the firm: The role of idiosyncratic factors in the quest for the economics of distinctive competences

This paper elaborates a theory of the firm that combines the intuitions of Edith Penrose with the analysis of localized technological knowledge. The analysis of the characteristics of knowledge indivisibility and of idiosyncratic factors pIay a key role in shaping the intentionai strategy of firms about the direction of technology strategies. The firm is viewed as a Iearning agent that, induced by market forces and buiIding upon Iearning processes, elaborates and impiements intentionally strategies of knowledge generation. These strategies include the necessary identification of the externai sources of compiementary technoiogicai knowledge and of the idiosyncratic production factors that is convenient to lise intensiveIy. Learning, in fact is a necessary, but not sufficient condition for the generation of new knowledge. The anaIysis of the conditions for the intentional generation of technoiogicai and organizationai knowledge becomes crociato The analysis of the combined effects of internai Iearning, externai knowledge and intensive lise of idiosyncratic factors by means of the introduction of biased technological change CUlli intentional decision­making provides key inputs to understanding the path dependent and idiosyncratic features of the knowledge generated by the firm as the basis for its distinctive competences.

Rapid manufacturing as a tool for agile manufacturing: applications and implementation perspectives

Manufacturing engineers and technologists around the globe are already well familiar with manufacturing methodologies and systems developments in the last part of the twentieth century. Many are probably also familiar with the current state of Rapid Prototyping (RP) technologies, especially in the areas of concept model making and prototype development. They may not however, be so familiar with the more recent developments of these technologies towards Rapid Manufacturing (RM) and the directions which the applications of RM technologies are taking for agile manufacturing purposes in particular. This paper critically reviews the various technologies currently available, outlines development trends in RM, discusses the approach, application and implementation perspectives by which these RM technologies are applied for increasing agility and responsiveness in manufacturing. Furthermore, the paper describes two case study examples to further illustrate the application scenarios in agile manufacturing before concluding remarks

Il turista della società post-moderna: la cultura del new life tourism Spazio, luogo e non luogo Turismo, paesaggio, spazi pubblici e rigenerazione urbana Tematismi e tematizzazione. Itinerari culturali e strade turistiche per una ricomposizione spaziale.

I materiali sono composti dalle prime tre presentazioni, i contributi dedicati al tema dell'autenticità, della diversa interpretazione di spazio, luogo e non luogo e degli itinerari culturali. Completano questo primo deposito di materiale didattico due approfondimenti sulla Consumer Culture Theory e Service Dominat Logic

Turkish Performance in Exporting Manufactures: A Comparative Structural Analysis

This paper considers the prospects for Turkish manufactured exports, now dominated by simple labour-intensive products. The importance to Turkey of diversifying its export base has risen with its EU free trade agreement, where it has advantages in labour-intensive exports but where special preferences will vanish soon. As a high wage economy, Turkey has to compete with low-wage countries in simple, low technology products. As a technologically lagging economy, it has to compete against high technology European firms. Both are difficult, as there remain important structural deficiencies in Turkish competitiveness. Strategic implications are drawn in the conclusions.

Regional Integration: Whither Arab Free Trade Area?

My inquiry will assess why, many decades after first attempts of economic integration, Arab countries have not been more successful in emulating the success of the European Union, a paradigm of successful economic integration. Specifically, I will explore obstacles to Arab economic integration and address the political and economic factors that play a role to achieve this goal. The central hypothesis of this paper is that there must be fundamental structural changes in Arab economic integration agreements

Economic Complexity Unfolded: Interpretable Model for the Productive Structure of Economies

Economic complexity reflects the amount of knowledge that is embedded in the productive structure of an economy. It resides on the premise of hidden capabilities - fundamental endowments underlying the productive structure. In general, measuring the capabilities behind economic complexity directly is difficult, and indirect measures have been suggested which exploit the fact that the presence of the capabilities is expressed in a country's mix of products. We complement these studies by introducing a probabilistic framework which leverages Bayesian non-parametric techniques to extract the dominant features behind the comparative advantage in exported products. Based on economic evidence and trade data, we place a restricted Indian Buffet Process on the distribution of countries' capability endowment, appealing to a culinary metaphor to model the process of capability acquisition. The approach comes with a unique level of interpretability, as it produces a concise and economically plausible description of the instantiated capabilities

The changing interpretations of the flying geese model of economic development

The flying geese model, a theory of industrial development in latecomer economies, was developed in the 1930s by the Japanese economist Akamatsu Kaname (1896–1974). While rarely known in western countries, it is highly prominent in Japan and seen as the main economic theory underlying Japan’s economic assistance to developing countries. Akamatsu’s original interpretation of the flying geese model differs fundamentally from theories of western origin, such as the neoclassical model and Raymond Vernon’s product cycle theory. These differences include the roles of factors and linkages in economic development, the effects of demand and supply, as well as the dynamic and dialectical character of Akamatsu’s thinking. Later reformulations of the flying geese model, pioneered by Kojima Kiyoshi, attempt to combine aspects of Akamatsu’s theory with neoclassical thinking. This can be described as the “westernization” of the flying geese model. It is this reformulated interpretation that has become popular in Japan’s political discourse, a process that might be explained by the change in Japan’s perspective from that of a developing to that of an advanced economy. The position taken by Japan in its recent controversy with the World Bank, however, shows that many basic elements of Akamatsu’s thinking are still highly influential within both Japan’s academia and its government and are therefore relevant for understanding current debates on development theory

China's Innovation System and the Move Toward Harmonious Growth and Endogenous Innovation

Observers around the world are impressed by the rapid growth of China’s economy. While outside observers tend to focus on the success story of unprecedented growth policy documents and recent domestic debates in China have pointed to the need for a shift in the growth trajectory with stronger emphasis on ‘endogenous innovation’ and ‘harmonious development’. This paper attempts to capture the current characteristics of China’s production and innovation system; how they were shaped by history and what major challenges they raise for the future. On the basis of the analysis the authors propose that it is possible to link together the two key concepts ‘endogenous innovation’ and ‘harmonious development’ by focusing innovation and development efforts in China on domestic needs, including social needs, rather than a one-sided focus on export-promotion and commodity production.China; economic growth; R&D; innovation systems

The Role Of Technology and Innovation In The Framework Of The Information Society

The literature on the information society indicates that it is a still-developing field of research. It can be explained by the lack of consensus on basic definitions and research methods. There are also different judgments on the importance and the significance of the information society. Some social scientists write about a change of era, others emphasize parallelism with the past. There are some authors who expect that the information society will solve the problems of social inequalities, poverty and unemployment, while others blame it on the widening social gap between the information haves and have-nots. Various models of the information society have been developed so far and they are so different from country to country that it would be rather unwise to look for a single, all-encompassing definition. In our time a number of profound socio-economic changes are underway. Almost every field of our life is affected by the different phenomena of globalization, beside the growing role of the individual; another important characteristic of this process is the development of an organizing principle based on the free creation, distribution, access and use of knowledge and information. The 1990s and the 21st century is undoubtedly characterized by the world of the information society (as a form of the post-industrial society), which represents a different quality compared to the previous ones. The application of these theories and schools on ICT is problematic in many respects. First, as we stated above, there is not a single, widely used paradigm which has synthesized the various schools and theories dealing with technology and society. Second, these fragmented approaches do not have a fully-fledged mode of application to the relationship of ICT and (information) society. Third, SCOT, ANT, the evolutionary- or the systems approach to the history of technology – when dealing with information society – does not take into account the results of approaches (such as information science or information systems literature or social informatics, information management and knowledge management, communication and media studies) studying the very essence of the information age: information, communication and knowledge. The list of unnoticed or partially incorporated sciences, which focuses on the role of ICT in human information processing and other cognitive activities, is much longer

The Effects of Technology and Innovation on Society

Various models of the information society have been developed so far and they are so different from country to country that it would be rather unwise to look for a single, allencompassing definition. In our time a number of profound socio-economic changes are underway. The application of these theories and schools on ICT is problematic in many respects. First, as we stated above, there is not a single, widely used paradigm which has synthesised the various schools and theories dealing with technology and society. Second, these fragmented approaches do not have a fully-fledged mode of application to the relationship of ICT and (information) society. Third, SCOT, ANT, the evolutionary- or the systems approach to the history of technology when dealing with information society – does not take into account the results of approaches studying the very essence of the information age: information, communication and knowledge. The list of unnoticed or partially incorporated sciences, which focuses on the role of ICT in human information processing and other cognitive activities, is much longer