4,623 research outputs found

    The logistics implications of emerging business models

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    The network structure has expanded the nature of organisational economics from a limited perspective, based upon economies of scale (within which the firm became volume oriented striving to achieve its minimum cost/volume position on its long-run average cost curve (Chandler: 1962), to a ‘collective’ perspective based upon a notion of dispersed operations (i e, the complete range of value creation, production, delivery and service provision). It is no longer sufficient to be the lowest cost provider in a market but rather it is now essential to be the most effective and efficient solution provider: end-user markets are product-service dominated. These may be PRODUCT-service markets, however in the New Economy many industrial markets are product-SERVICE markets: the customers are aware of product application performance but are often more influenced by service-maintenance availability rather low prices, hence the approach by major manufacturers of such products as aero-engines which are priced by the hour of serviceable use. To be effective it is essential that suppliers and customers understand each other’s expectations (value drivers) and costs (value driver response costs). The complexities of markets encourage a network approach, one in which “solutions” to customers’ “problems” may take on a PRODUCT-service format or (increasingly) a product-SERVICE offer and the solutions will cross a number of international borders as well as a number of intra and inter-organisational boundaries during the process

    Innovative Tokyo

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    This paper compares and contrasts Tokyo's innovation structure with the industrial districts model and the international hub model in the literature on urban and regional development. The Tokyo model embraces and yet transcends both industrial districts and international hub models. The paper details key elements making up the Tokyo model-organizational knowledge creation, integral and co-location systems of corporate R&D and new product development, test markets, industrial districts and clusters, participative consumer culture, continuous learning from abroad, local government policies, the national system of innovation, and the historical genesis of Tokyo in Japan's political economy. The paper finds that the Tokyo model of innovation will continue to evolve with the changing external environment, but fundamentally retains its main characteristics. The lessons from the Tokyo model is that openness, a diversified industrial base, the continuing development of new industries, and an emphasis on innovation, all contribute to the dynamism of a major metropolitan region.Labor Policies,Environmental Economics&Policies,Public Health Promotion,ICT Policy and Strategies,Agricultural Knowledge&Information Systems,ICT Policy and Strategies,Environmental Economics&Policies,Health Monitoring&Evaluation,Agricultural Knowledge&Information Systems,Innovation

    Smart Manufacturing Technology Adoption for Improving Productivity: A Systematic Literature Review

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    This paper is to present a review of the Smart manufacturing application as Industry 4.0, specifically on the conceptual approaches to define it. Two conceptual approaches to the application of the concept of smart manufacturing are distinguished. The method using the previous articles of scientific journals from 2017-2022 (thirty-two international paper) were selected based on previous works, with the scope to investigate and analyze in-depth the extent to which literature used to discuss results in the selected studies of applying the Smart Manufacturing Technology in manufacture enterprises. The results of the previous studies are discussed and investigated in a table format

    Late Innovation Strategies in Asian Electronics Industries: A Conceptual Framework and Illustrative Evidence

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    This paper was published in Oxford Development Studies special issue in honor of the late Professor Linsu Kim. The paper reviews evidence on the evolution of electronics design in Asia's leading electronics exporting countries, to establish what capabilities have been developed, and to shed light on the forces that are driving "late innovation" strategies. It also reviews intellectual sources that can be used to theoretically ground these hypotheses. Using a well-known taxonomy of innovation that distinguishes incremental, modular, architectural and radical innovations, and the concept of "disruptive technologies", I argue that Asian firms may have realistic chances to engage in incremental innovations as well as in architectural innovations. However, to sustain "late innovation" strategies over a longer period, "complex system integration" capabilities are necessary to provide the missing link.

    Industry 4.0 and Regional Transformations

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    This volume brings together expert contributors to explore opportunities and challenges that Industry 4.0 is likely to pose for regions, firms and jobs in Europe. Drawing on theory and empirical cases, it considers emerging issues like servitization, new innovation models for local production systems, and the increase in reshoring
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