Time path in innovation, imitation, and growth: the case of the motorcycle industry in postwar Japan
This study attempts to explore how an industry evolves over time based on a case study of the motorcycle industry in Japan from 1948 to 1964. Using individual firm data, we estimate the determinants of technology improvement and firm growth separately for different development phases, after controll...
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| Veröffentlicht in: | Journal of evolutionary economics 2005-04, Vol.15 (2), p.169-186 |
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| container_title | Journal of evolutionary economics |
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| creator | Yamamura, Eiji Sonobe, Tetsushi Otsuka, Keijiro |
| description | This study attempts to explore how an industry evolves over time based on a case study of the motorcycle industry in Japan from 1948 to 1964. Using individual firm data, we estimate the determinants of technology improvement and firm growth separately for different development phases, after controlling for the probability of firm survival. We find that the industry's rapid growth in the early phase can be explained by massive entry and the imitation of simple technologies, whereas sustained growth in later phases can be explained by innovations and subsequent imitations, as well as the exit of inefficient firms. [PUBLICATION ABSTRACT] |
| doi_str_mv | 10.1007/s00191-004-0239-3 |
| format | Article |
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| fulltext | fulltext |
| identifier | ISSN: 0936-9937 |
| ispartof | Journal of evolutionary economics, 2005-04, Vol.15 (2), p.169-186 |
| issn | 0936-9937 1432-1386 |
| language | eng |
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| source | Business Source Complete; SpringerLink Journals - AutoHoldings |
| subjects | Automobile industry Business studies Case studies Data analysis Economic growth Economic history Engines Evolution Imitations Industrial development Industrial production Innovation diffusion Innovations Japan Motorcycles Post-war history Product life cycle Quality improvement Technological change Technology adoption |
| title | Time path in innovation, imitation, and growth: the case of the motorcycle industry in postwar Japan |
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