The Source of Capital Goods Innovation

Download or read book The Source of Capital Goods Innovation written by Kong Rae-Lee and published by Routledge. This book was released on 2014-07-10 with total page 244 pages. Available in PDF, EPUB and Kindle. Book excerpt: The results of the empirical investigation of Japan and Korea show that the user firms in both countries, represented by car makers, have involved themselves in the technical and entrepreneurial entry into machine tools along with making active investments. As a consequence, they made a considerable contribution to the innovation of machine tools, increasing their competitive advantage as well as the competence of their specialized suppliers.