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Technological Catching-up and Latecomer Strategy: A Case Study of the Asian Shipbuilding Industry
2009
Seoul Journal of Business
This paper investigates the role of imitation and innovation in technological catching-up. On the one hand, excessive innovation and no imitation can never provide latecomers with absorptive capacity to embark on catching-up along the existing technological trajectory. On the other hand, excessive imitation and no innovation can debilitate the ability of latecomer firms to leapfrog incumbents by creating a new trajectory and further reducing the technological gap. Thus, we argue that successful
doi:10.35152/snusjb.2009.15.2.002
fatcat:bqiad72bafhsndlu7ayq4angme