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The New Competitive Advantage The Renewal of American Industry

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This book is available in Oxford Scholarship Online - view abstracts and keywords at book and chapter level.

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Strategy

Organizational Theory & Behaviour

Political Economy

The New Competitive Advantage

The Renewal of American Industry

Michael Best

304 pages | 5 boxes, 14 figures and 3 tables | 234x156mm

978-0-19-829745-1 | Paperback | 12 July 2001

Also available as: Hardback

Price: £44.00

This item is printed to order. Items which are printed to order are normally despatched and charged within 5-10 days.

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Offers a dynamic perspective on industrial growth and competitiveness
Addresses anomalies to conventional theories of economic growth
Develops a new model of technology management and regional innovation

This book addresses the sustained resurgence of American economy, and the firms, regions, and technologies that are driving this growth. Michael Best develops a new model of technology management and regional innovation based on the principle of systems integration. The principle of systems integration is manifest in the organizational capability of firms, individually and networked, to foster rapid technological change.

Application of the principle of sysyems integration to business organization means integrating an ongoing technology management capability into a production system. The effect is a network or cluster of entrepreneurial firms in which design is decentralized within the enterprise and diffused amongst networked enterprises.It is a business model ideally suited to product-led strategies and technological innovation. The combination of entreprenurial firms and inter-firm networks is shown to foster a range of dynamic cluster processes which, in turn, underlie the growth of Silicon Valley and the unexpected resurgence of Boston's Route 128.

The general character of the capabilities and innovation perspective is illustrated with applications to regions at different levels of industrial development. The implications for policy making are profound: technology management is a powerful lever for both fostering growth and shaping competitive advantage. Moreover, it offers a framework for addressing the challenge of ecologically sustainable growth. Complex product systems, such as energy, transportation, and health, are a consequence of past and present technology R&D choices and corresponding investements in technical education. Thus capability and skill development policies shape what is on offer in the marketplace.

Readership: Academic: Scholars and postgraduate students (in particular MBA) within the fields of business, technology management, and innovation; Practitioner: Managers, strategic planning specialists, management consultants, and public policy makers

The specification in this catalogue, including without limitation price, format, extent, number of illustrations, and month of publication, was as accurate as possible at the time the catalogue was compiled. Occasionally, due to the nature of some contractual restrictions, we are unable to ship a specific product to a particular territory. Jacket images are provisional and liable to change before publication.

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The Renewal of American Industry

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