콘텐츠 본문
논문 해외 국제전문학술지(SCI급) Industrial Leadership Changes without Technological Discontinuity: Modularization, Institution-Led Market Discontinuity, and Market Development Strategy
- 학술지 구분 국제전문학술지(SCI급)
- 게재년월 2022-07
- 저자명 곽기호, 김남일
- 학술지명 TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE
- 발행처명 ELSEVIER SCIENCE INC
- 발행국가 해외
- 논문언어 외국어
논문 초록 (Abstract)
Previous studies on changes in industrial leadership, called “catch-up cycles,” focused on the critical role of technological disruption in the efforts by latecomers to forge ahead. However, we have recently witnessed leadership changes even in technologically mature sectors, such as industrial equipment, without technological discontinuity. To investigate changes in industrial leadership in these sectors, we propose a conceptual framework that emphasizes the role of modularization as a technology ladder for latecomers to narrow the technological gap with the frontier, institution-led market discontinuity by governments, and latecomers’ market development strategies. With this framework, we analyzed successive leadership changes in the Chinese excavator market, from Japan to Korea in the early and mid-2000s and from Korea to China after 2010. We advance our understanding of the catch-up phenomenon in business and society by describing the implications involved in latecomers’ leadership in mature sectors from a “non-Schumpeterian” perspective.
