Indigenous technological capabilities, emerging market firms and the aerospace industry

McGuire, Steven and Islam, Nazrul (2015) Indigenous technological capabilities, emerging market firms and the aerospace industry. Technology Analysis and Strategic Management, 27 (7). pp. 739-758. ISSN 0953-7325

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Abstract

While emerging market economies have developed significant technological capabilities and increased their share of global value-added in aerospace, they have done so largely through utilising foreign direct investment (FDI) and offset arrangements to enter supply chains that remain dominated by European and American firms. The paper examines whether emerging markets are developing indigenous technological capability in aerospace technologies. Drawing on patent data from the Thomson Innovation database, the study seeks to understand whether anchor tenant capability is indeed forming in emerging markets. A tech-mining method is applied. The study suggests that China, in particular, has dramatically increased its innovative capacity in the area. However, the data also demonstrate the significant advantages enjoyed by incumbent firms from Europe and the USA, suggesting that the complexity of aircraft R&D remains a formidable barrier that can only be surmounted by determined government policies and anchor firms equipped with substantial innovation capabilities.

Item Type: Article
Schools and Departments: School of Business, Management and Economics > Business and Management
Subjects: H Social Sciences
Depositing User: Joy Blake
Date Deposited: 18 Aug 2015 12:07
Last Modified: 18 Aug 2015 12:11
URI: http://sro.sussex.ac.uk/id/eprint/56134
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