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Indigenous technological capabilities, emerging market firms and the aerospace industry
journal contribution
posted on 2023-06-08, 22:08 authored by Steven McGuireSteven McGuire, Nazrul IslamWhile 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.
History
Publication status
- Published
Journal
Technology Analysis and Strategic ManagementISSN
0953-7325Publisher
Taylor and Francis OnlineExternal DOI
Issue
7Volume
27Page range
739-758Department affiliated with
- Business and Management Publications
Full text available
- No
Peer reviewed?
- Yes
Legacy Posted Date
2015-08-18Usage metrics
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