Local and divergent patterns of technological learning within (partly) globalized markets : is there anything new? and what can policies do about it? : a concise guide

In this work, we present an assessment of the nature and impact of current ``globalizing'' tendencies at various levels of observation. The evidence in this respect suggests that it has mostly concerned financial flows (especially short-term ones); to some extent trade flows; and only to very limited degrees, if any, the modes of access to new (and even 'old') technologies. A widely held prejudice is that 'globalization' goes hand in hand with international convergence in technological capabilities and incomes: in quite a few cases the opposite indeed holds. Conversely, such evidence powerfully hints at the continuing role of public policies in fostering the accumulation of technological knowledge and its economic exploitation. We suggest some taxonomies of the 'control' and 'state' variables which policies are likely to influence. Beyond the fading away wave of 'market fundamentalism' -we suggest- it is high time to pragmatically re-assess the role of markets as often powerful, but highly imperfect, mechanisms of decentralized search for and adaptation to technological and organizational novelties

Local and divergent patterns of technological learning within (partly) globalized markets : is there anything new? and what can policies do about it? : a concise guide

In this work, we present an assessment of the nature and impact of current ``globalizing'' tendencies at various levels of observation. The evidence in this respect suggests that it has mostly concerned financial flows (especially short-term ones); to some extent trade flows; and only to very limited degrees, if any, the modes of access to new (and even 'old') technologies. A widely held prejudice is that 'globalization' goes hand in hand with international convergence in technological capabilities and incomes: in quite a few cases the opposite indeed holds. Conversely, such evidence powerfully hints at the continuing role of public policies in fostering the accumulation of technological knowledge and its economic exploitation. We suggest some taxonomies of the 'control' and 'state' variables which policies are likely to influence. Beyond the fading away wave of 'market fundamentalism' -we suggest- it is high time to pragmatically re-assess the role of markets as often powerful, but highly imperfect, mechanisms of decentralized search for and adaptation to technological and organizational novelties

Path dependence in technologies and organizations : a concise guide

The note on which an entry for the Palgrave Encyclopedia of Strategic Management will draw offers a beginner’s guide to path dependency in technologies and organizations. We address the very meaning of the concept and its centrality in various aspects of economic analysis. We outline the various levels of the economic system where it is observable, its sources, consequences and different formal representations of path dependent processes

Implementing reshoring: insights and principles from a longitudinal case study in the e-bike industry

Despite the growing body of literature on firms revising their production offshoring decisions, there is scarce research on how reshoring is actually implemented. This paper responds to this gap by analysing the case of FIVE, an Italian electric bike (e-bike) company that has insourced and relocated its production activities - originally outsourced to a Chinese manufacturer - to its home country. The research combines a design science approach with a longitudinal single case study method to gather both theoretical insights and practical managerial advice on how to conduct the reshoring implementation. The study captures the dynamic nature of the implementation process, showing how its elements evolve over time. Organisational learning emerges as a driving factor of reshoring. Each of the implementation stages is characterised by the development of a specific organisational process, which provides the know-how required for performing tasks at that particular stage. From a practical perspective, the study develops five reshoring implementation principles and a three-stage implementation process, thereby offering valuable guidelines for managers of SMEs who wish to undertake the reshoring decision

Turbulence underneath the big calm? The micro-evidence behind Italian productivity dynamics

Italy ranked last in terms of manufacturing productivity growth according to OECD estimates over the last decade, with a flat, if not declining, trend. In this work we investigate the underlying firm-level dynamics of enterprises on the basis of a database developed by the Italian Statistical Office (ISTAT) covering the period 1989–2004 and containing information on more than 100,000 firms. Over this period not only have the indicators of the central tendency of the distribution of labor productivity not significantly changed, but also the whole sectoral distributions have remained relatively stable over time, with their support at least not shrinking, or even possibly widening, over time. This is even more surprising if one takes into consideration the “Euro” shock that occurred during the period investigated. On the contrary, we observe that inter-decile differences in productivity have been increasing. Further, heterogeneous firms’ characteristics (i.e. export activity and innovation) seem to have contributed to boosting such intra-industry differences. Given such wide heterogeneities we resort to quantile regressions to identify the impact of a set of regressors at different levels of the conditional distribution of labor productivity. One phenomenon that we observe is what we call a tendency toward “neo-dualism” involving the co-existence of a small group of dynamic firms with a bigger ensemble of much less technologically progressive ones

Product Service System Innovation in the Smart City

Product service systems (PSS) may usefully form part of the mix of innovations necessary to move society toward more sustainable futures. However, despite such potential, PSS implementation is highly uneven and limited. Drawing on an alternate socio-technical perspective of innovation, this paper provides fresh insights, on among other things the role of context in PSS innovation, to address this issue. Case study research is presented focusing on a use orientated PSS in an urban environment: the Copenhagen city bike scheme. The paper shows that PSS innovation is a situated complex process, shaped by actors and knowledge from other locales. It argues that further research is needed to investigate how actors interests shape PSS innovation. It recommends that institutional spaces should be provided in governance landscapes associated with urban environments to enable legitimate PSS concepts to co-evolve in light of locally articulated sustainability principles and priorities

Some General Regularities of Techno-Economic Evolution

One of the most exciting phenomena of the modern world is the fundamentally homogeneous direction of the overall techno-economic development trajectory in practically all regions of the world. The existing economic systems in different countries are collapsing one after another under the pressure of an expanding industrial culture and are becoming drawn into the international division of labor. Simultaneously, their economic development is influenced by the general regularities of the world techno-economic system, the rhythm of which is set by the industrially developed countries. These general regularities of long-term techno-economic development, invariant under different sociopolitical systems, are the subject of this chapter