Innovation in Low-tech Firms and Industries

Innovation in Low-tech Firms and Industries
Author: Hartmut Hirsch-Kreinsen
Publisher: Edward Elgar Publishing
Total Pages: 313
Release: 2008-01-01
Genre: Technology & Engineering
ISBN: 1848445059

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This very valuable book collects together excellent empirical essays on what amounts to a silent majority in advanced industrial societies: low and medium tech manufacturing industries. Such industries employ more people and make a larger contribution to aggregate value creation than their more lauded high-tech counterparts and moreover, they constitute extremely important customer industries for such higher tech producers. They may be neglected, but they are not going away indeed, this volume shows that they are growing and adapting to the new competitive challenges of globalization. Attending to the dynamics of innovation and change in this large sector is crucial for understanding processes of social and economic restructuring in Europe today. The essays in this volume are the first place to look for insight into this extremely important area of political economic life in Europe. Gary Herrigel, University of Chicago, US Innovation in Low-Tech Firms and Industries challenges the currently fashionable notion that the advent of a knowledge-based economy demands that all social resources should be diverted to high-technology industries. Hirsch-Kreinsen and Jacobson point out these constitute a small part of even the most advanced economies. Attention has been diverted from the important innovation processes which occur in low and medium technology (LMT) sectors. This volume calls on us to achieve a much better and wiser balance in our industrial policy. Terrence McDonough, National University of Ireland, Galway The authors of this book make an urgently needed provocative point: ordinary engineering and technology ( low-tech ) continue to be of greater importance, in our knowledge society , than high-tech activities, and they may be similarly demanding by the competence they require and produce. This counteracts the exaggerated hype about high-tech firms or activities. The high-tech classification itself is highly arbitrary and often superficial. The authors show in what way low-tech activities and firms are important, and how they can be cultivated to buttress the economic strength of industrial and post-industrial nations. Researchers and policymakers, please take note! Arndt Sorge, Wissenschaftszentrum Berlin, Germany and University of Groningen, The Netherlands It is a general understanding that the advanced economies are currently undergoing a fundamental transformation into knowledge-based societies. There is a firm belief that this is based on the development of high-tech industries. Correspondingly, in this scenario low-tech sectors appear to be less important. A critique of this widely held belief is the starting point of this book. It is often overlooked that many of the current innovation activities are linked to developments inside the realm of low-tech. Thus the general objective of the book is to contribute to a discussion concerning the relevance of low-tech industries for industrial innovativeness in the emerging knowledge economy. Providing examples of both theoretical and empirical research in this area, Innovation in Low-tech Firms and Industries will be of great interest to postgraduate students and academic researchers in innovation studies. It will also appeal to policy makers in the field of innovation policy as well as industrial economists and sociologists interested in traditional industries in advanced economies.

Low-tech Innovation

Low-tech Innovation
Author: Oliver Som
Publisher: Springer
Total Pages: 230
Release: 2014-10-28
Genre: Business & Economics
ISBN: 3319099736

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This book highlights the economic relevance of the so-called low-tech industries and firms. Non R&D intensive firms continue to be the economic backbone of several developed industrial countries. They form the core of National Innovation Systems and contribute significantly to growth and employment. However, due to their lack of R&D activity, they are easily overlooked in the general innovation debate. This book provides latest empirical findings on the current economic relevance and specific innovation strategies and management of non-R&D intensive firms in Germany. It discusses their future role in a knowledge driven economy as well as possible implications for innovation and technology policy. An outcome of several years of dedicated research conducted at the Fraunhofer Institute for Systems and Innovation Research (ISI), this book will prove of immense value to researchers and policy makers dealing with innovation and knowledge strategy.

R&D in Low-tech Sectors

R&D in Low-tech Sectors
Author: Lesley Potters
Publisher:
Total Pages:
Release: 2009
Genre:
ISBN:

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The 3% Action Plan of the Lisbon Agenda was adopted with the aim of making Europe more innovative through increases in both private and public R&D spending. R&D forms an important part of innovation activities, but ignores many other activities. However, the policy focus on R&D investment means little attention for firms that perform little R&D, but innovate in other ways, specifically firms from lowtech sectors. This chapter deals with firms from these sectors, their role in the economy, innovation strategies and recent trends. The term 'lowtech sectors' is widely used and often refers to a wide range of mature sectors, such as textiles and wood. These sectors form an important part of the EU economy. Lowtech sectors are important for employment, economic growth and knowledge formation in European economies. Firms (and the products produced) in these sectors are very often the key to the innovative ability of other firms and for the design, fabrication and application of various hightech products, through innovation spillovers. The importance of these sectors can be seen by their share of value added. In the EU15, the low tech sectors account for about 32% of total value added of the whole manufacturing sector, while the hightech sectors only account for about 6%. Logically, the role of R&D is much smaller. In the EU15, R&D investment in mediumlow and low tech sectors account for about 11% of all manufacturing R&D in 2002, while hightech sectors account for about 48%. Looking at the relative role of R&D and other innovation activities in lowtech sectors, we see that the acquisition of machinery, equipment and software plays a very important role. R&D and the acquisition of knowledge play a much less important role. As such, hightech sectors can be seen as suppliers of technology. Lowtech sectors are therefore not less innovative, but spend the money on readytouse technology acquisition rather than on research. Three main trends can be identified in the lowtech sectors. Firstly, innovation in lowtech sectors does not stop at R&D. Although nonR& D innovation also plays a role in high tech firms, this type of innovation is especially important for low tech firms. Secondly, R&D inputs from other sectors to contribute more and more to the innovative power of lowtech sectors. Thirdly, firms have become important generators of new technologies by developing new materials and highend products in order to respond to lowwage competition.

Low-Cost, Low-Tech Innovation

Low-Cost, Low-Tech Innovation
Author: Vijay Vyas
Publisher: Routledge
Total Pages: 193
Release: 2014-11-13
Genre: Business & Economics
ISBN: 1136686673

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Like much of SMEs research, innovation studies of small enterprises have commenced later and are less numerous. The focus of such studies remains high-technology enterprises, which continue to attract both academic and popular interest, oblivious to the innovative endeavours of people in traditional low-tech industries. This book attempts to address this imbalance through a comprehensive analysis of innovation in this largely neglected area. Based on case studies of seven small innovative food companies, this book presents an in-depth analysis of innovation in the Scottish food and drinks industry and unravels a lesser-known approach to effective low-cost product innovation, which is simple and economical, yet elegant and successful. Using careful data collection and rigorous statistical testing, the analysis and findings in this book address a wide spectrum of interests: academics in business schools, policy makers in governments and executives and entrepreneurs in food and other low-technology sectors.

Low-tech Innovation in the Knowledge Economy

Low-tech Innovation in the Knowledge Economy
Author: Hartmut Hirsch-Kreinsen
Publisher: Peter Lang Publishing
Total Pages: 340
Release: 2005
Genre: Business & Economics
ISBN:

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This volume brings together reflections and research findings on so-called lowtech industries. The accepted wisdom seems to accept that mature, industrialised nations are undergoing a fundamental transformation into the much vaunted Knowledge Society. There is a firm belief that in this situation the advancement of high-tech industries is essential for growth and development. Correspondingly, in this scenario so-called low-tech sectors appear to be less important in and for the major industrialised countries. The starting point of this volume is a fundamental critique of this widely held belief. In fact, many of the processes we witness today are based on developments outside the realm of high-tech and lowtech industries are important not only for employment and growth but also for knowledge formation in European economies.

The Paradox of Knowledge-Intensive Entrepreneurship in Low-Tech Industries

The Paradox of Knowledge-Intensive Entrepreneurship in Low-Tech Industries
Author: Isabel Schwinge
Publisher: Springer
Total Pages: 308
Release: 2015-07-22
Genre: Social Science
ISBN: 3658109378

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This book presents the first multidimensional investigation of KIE in the context of low-tech industries and gives insights in paradox conditions and specific mechanisms, using the example of the German textile industry. Therefore, the author solves conceptual inconsistencies and develops an alternative framework referring to systemic concepts of sectoral innovation systems and KIE as well as to the concept of institutional entrepreneurs. As a result, the deviation of willful actors from a restricting institutional environment and sources of entrepreneurial opportunities can be investigated more comprehensively.

Knowledge-Intensive Entrepreneurship in Low-Tech Industries

Knowledge-Intensive Entrepreneurship in Low-Tech Industries
Author: Hartmut Hirsch-Kreinsen
Publisher: Edward Elgar Publishing
Total Pages: 265
Release: 2014-05-30
Genre: Business & Economics
ISBN: 1783472049

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This book will appeal to social scientists, economists and students of innovation and entrepreneurship studies. Policy-makers and company representatives will also find much of interest in this book, with its surprising insights into a field that has b

Road Infrastructure, Inclusive Development and Traffic Safety in Korea

Road Infrastructure, Inclusive Development and Traffic Safety in Korea
Author: OECD
Publisher: OECD Publishing
Total Pages: 150
Release: 2016-04-22
Genre:
ISBN: 9264255516

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This report combines empirical research on the relationship between road infrastructure, inclusive economic development and traffic safety with an assessment of policies and governance structures to help governments find ways to create effective, safe and inclusive transport infrastructures.

Innovation, Catch-up and Sustainable Development

Innovation, Catch-up and Sustainable Development
Author: Andreas Pyka
Publisher: Springer Nature
Total Pages: 430
Release: 2021-11-16
Genre: Business & Economics
ISBN: 3030849317

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This volume presents selected contributions from the 2018 conference of the International Schumpeter Society (ISS). The selected chapters in this volume reflect the state-of-the-art of Schumpeterian economics dedicated to the three conference topics innovation, catch-up, and sustainability. Innovation is driving catch-up processes and is the condition for a transformation towards higher degrees of sustainability. Therefore, Schumpeterian economics has to play a key role in these most challenging fields of human societies’ development in the 21st century. The three topics are well suited to capture the great variety of issues, which have the potential to shape the scientific discussion in economics and related disciplines in the years to come. The presented contributions show the broadness and high standard of Schumpeterian analysis. The ideas of dynamics, heterogeneity, novelty, and innovation as well as transformation are the most attractive fields in economics today and offer the most prolific interdisciplinary connections now and for the years to come when humankind, our global society, has to master the transition towards sustainable economic systems by solving the grand challenges and wicked problems with which we are confronted today. Therefore, the book is a must-read for scholars, researchers, and students, interested in a better understanding of innovation, catch-up, and sustainability, and Schumpeterian economics in general. The chapter “Industrial life cycle: relevance of national markets in the development of new industries for energy technologies – the case of wind energy” is available open access under a CC BY 4.0 License via link.springer.com.

Low-tech Innovation

Low-tech Innovation
Author: Oliver Som
Publisher: Springer
Total Pages: 229
Release: 2014-11-01
Genre: Business & Economics
ISBN: 9783319099743

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This book highlights the economic relevance of the so-called low-tech industries and firms. Non R&D intensive firms continue to be the economic backbone of several developed industrial countries. They form the core of National Innovation Systems and contribute significantly to growth and employment. However, due to their lack of R&D activity, they are easily overlooked in the general innovation debate. This book provides latest empirical findings on the current economic relevance and specific innovation strategies and management of non-R&D intensive firms in Germany. It discusses their future role in a knowledge driven economy as well as possible implications for innovation and technology policy. An outcome of several years of dedicated research conducted at the Fraunhofer Institute for Systems and Innovation Research (ISI), this book will prove of immense value to researchers and policy makers dealing with innovation and knowledge strategy.