Knowledge and Competitive Advantage
The Coevolution of Firms, Technology, and National Institutions
Series: Cambridge Studies in the Emergence of Global Enterprise;
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Product details:
- Publisher Cambridge University Press
- Date of Publication 10 November 2003
- ISBN 9780521813297
- Binding Hardback
- No. of pages318 pages
- Size 235x162x28 mm
- Weight 590 g
- Language English 0
Categories
Short description:
A comparison of the development of the synthetic dye industry in Europe and the US.
MoreLong description:
A comparison of the development of the synthetic dye industry in Great Britain, Germany, and the US. The rise of this industry constitutes an important chapter in business, economic, and technological history because synthetic dyes - invented in 1857 - represent the first time that a scientific discovery quickly gave rise to a new industry. British firms led the industry for the next eight years, but German firms came to dominate the industry for decades before WWI, while American firms played only a minor role during the entire period. This study identifies differences in educational institutions and patent laws as the key reasons for German leadership in this industry. Successful firms had strong ties to the centers of organic chemistry knowledge. The book also argues that a complex coevolutionary process linking firms, technology and national institutions resulted in very different degrees of industrial success for dye firms in the three countries.
'... the book is a short valuable technological history of dyes, as well as a collection of databases on firms and plants. There's also a comprehensive bibliography and a good index. Murmann's book will interest and stimulate the thinking of anyone involved in management in a technology-based operation. I also recommend it to policy makers in governmental organizations that seek to influence international policy. As Murmann hopes, it should also encourage additional research.' Chemical and Engineering News
Table of Contents:
1. Introduction; 2. Country-level performance differences and their institutional foundations; 3. Three times two case studies of individual firms; 4. The coevolution of national industries and institutions; 5. Toward an institutional theory of competitive advantage; Appendices; Bibliography.
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