EMNE Catch-up Strategies in the Wind Turbine Industry: Is There a Trade-off between Output and Innovation Capabilities?

Snehal Awate, Marcus M. Larsen, Ram Mudambi

    Research output: Contribution to journalJournal articleResearchpeer-review

    Abstract

    Emerging economy multinationals (EMNEs) are catching up with advanced economy MNEs (AMNEs) even in emerging, high technology industries, where their knowledge-based disadvantages are most severe. We explain this phenomenon by distinguishing between output and innovation capabilities. Successful EMNEs' focus on output capabilities need not facilitate innovation catch-up. We compare the knowledge bases of an industry-leading AMNE and a fast-follower EMNE using patent data, buttressed by qualitative information. The AMNE's knowledge base is deeper and composed of more distinct technology groups than that of the EMNE. The EMNE has caught up in terms of output capabilities, but still lags in terms of innovation capabilities. Our in-depth comparative case analysis contributes to the literature on knowledge strategies and their impact on firm capabilities.
    Emerging economy multinationals (EMNEs) are catching up with advanced economy MNEs (AMNEs) even in emerging, high technology industries, where their knowledge-based disadvantages are most severe. We explain this phenomenon by distinguishing between output and innovation capabilities. Successful EMNEs' focus on output capabilities need not facilitate innovation catch-up. We compare the knowledge bases of an industry-leading AMNE and a fast-follower EMNE using patent data, buttressed by qualitative information. The AMNE's knowledge base is deeper and composed of more distinct technology groups than that of the EMNE. The EMNE has caught up in terms of output capabilities, but still lags in terms of innovation capabilities. Our in-depth comparative case analysis contributes to the literature on knowledge strategies and their impact on firm capabilities.
    LanguageEnglish
    JournalGlobal Strategy Journal
    Volume2
    Issue number3
    Pages205-223
    ISSN2042-5791
    DOIs
    StatePublished - Aug 2012

    Keywords

      Cite this

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      title = "EMNE Catch-up Strategies in the Wind Turbine Industry: Is There a Trade-off between Output and Innovation Capabilities?",
      abstract = "Emerging economy multinationals (EMNEs) are catching up with advanced economy MNEs (AMNEs) even in emerging, high technology industries, where their knowledge-based disadvantages are most severe. We explain this phenomenon by distinguishing between output and innovation capabilities. Successful EMNEs' focus on output capabilities need not facilitate innovation catch-up. We compare the knowledge bases of an industry-leading AMNE and a fast-follower EMNE using patent data, buttressed by qualitative information. The AMNE's knowledge base is deeper and composed of more distinct technology groups than that of the EMNE. The EMNE has caught up in terms of output capabilities, but still lags in terms of innovation capabilities. Our in-depth comparative case analysis contributes to the literature on knowledge strategies and their impact on firm capabilities.",
      keywords = "Emerging economy multinational enterprises, Catch-up strategies, Wind turbine industry, Production capabilities, Innovation capabilities",
      author = "Snehal Awate and Larsen, {Marcus M.} and Ram Mudambi",
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      EMNE Catch-up Strategies in the Wind Turbine Industry : Is There a Trade-off between Output and Innovation Capabilities? / Awate, Snehal; Larsen, Marcus M.; Mudambi, Ram.

      In: Global Strategy Journal, Vol. 2, No. 3, 08.2012, p. 205-223.

      Research output: Contribution to journalJournal articleResearchpeer-review

      TY - JOUR

      T1 - EMNE Catch-up Strategies in the Wind Turbine Industry

      T2 - Global Strategy Journal

      AU - Awate,Snehal

      AU - Larsen,Marcus M.

      AU - Mudambi,Ram

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      AB - Emerging economy multinationals (EMNEs) are catching up with advanced economy MNEs (AMNEs) even in emerging, high technology industries, where their knowledge-based disadvantages are most severe. We explain this phenomenon by distinguishing between output and innovation capabilities. Successful EMNEs' focus on output capabilities need not facilitate innovation catch-up. We compare the knowledge bases of an industry-leading AMNE and a fast-follower EMNE using patent data, buttressed by qualitative information. The AMNE's knowledge base is deeper and composed of more distinct technology groups than that of the EMNE. The EMNE has caught up in terms of output capabilities, but still lags in terms of innovation capabilities. Our in-depth comparative case analysis contributes to the literature on knowledge strategies and their impact on firm capabilities.

      KW - Emerging economy multinational enterprises

      KW - Catch-up strategies

      KW - Wind turbine industry

      KW - Production capabilities

      KW - Innovation capabilities

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