Advantage Management Strategy in Competition via Technological Race Perspective: Empirical Evidence from the Taiwanese Manufacturing Industry
This study investigated the advantage management strategies of a firm regarding the technological race in the manufacturing sector. This is to reveal whether firms adopt a catch-up or leapfrogging strategy in the competition for innovation. The results show that competition is fierce in the Taiwanes...
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Wiley
2014-01-01
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Series: | The Scientific World Journal |
Online Access: | http://dx.doi.org/10.1155/2014/843436 |
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author | Tsu-Yi Hung Yu-Ju Hsiao Shih-Wei Wu |
author_facet | Tsu-Yi Hung Yu-Ju Hsiao Shih-Wei Wu |
author_sort | Tsu-Yi Hung |
collection | DOAJ |
description | This study investigated the advantage management strategies of a firm regarding the technological race in the manufacturing sector. This is to reveal whether firms adopt a catch-up or leapfrogging strategy in the competition for innovation. The results show that competition is fierce in the Taiwanese manufacturing industry. Taiwanese manufacturing firms (mostly SMEs) tend to adopt the “catch-up” strategy to keep up with their competitors in order to remain in the technological race. The result indicates that, under financial constraints, Taiwanese manufacturing firms attempt to invest in R&D to catch up with their rivals or to avoid being eliminated from the race. |
format | Article |
id | doaj-art-3efb7574674548038860bf3031f4debf |
institution | Kabale University |
issn | 2356-6140 1537-744X |
language | English |
publishDate | 2014-01-01 |
publisher | Wiley |
record_format | Article |
series | The Scientific World Journal |
spelling | doaj-art-3efb7574674548038860bf3031f4debf2025-02-03T00:59:17ZengWileyThe Scientific World Journal2356-61401537-744X2014-01-01201410.1155/2014/843436843436Advantage Management Strategy in Competition via Technological Race Perspective: Empirical Evidence from the Taiwanese Manufacturing IndustryTsu-Yi Hung0Yu-Ju Hsiao1Shih-Wei Wu2Department of Business Management, National Taipei University of Technology, No. 1, Sec. 3, Zhongxiao E. Road, Taipei 10608, TaiwanInstitute of Services and Technology Management, National Taipei University of Technology, No. 1, Sec. 3, Zhongxiao E. Road, Taipei 10608, TaiwanDepartment of Business Management, National Taipei University of Technology, No. 1, Sec. 3, Zhongxiao E. Road, Taipei 10608, TaiwanThis study investigated the advantage management strategies of a firm regarding the technological race in the manufacturing sector. This is to reveal whether firms adopt a catch-up or leapfrogging strategy in the competition for innovation. The results show that competition is fierce in the Taiwanese manufacturing industry. Taiwanese manufacturing firms (mostly SMEs) tend to adopt the “catch-up” strategy to keep up with their competitors in order to remain in the technological race. The result indicates that, under financial constraints, Taiwanese manufacturing firms attempt to invest in R&D to catch up with their rivals or to avoid being eliminated from the race.http://dx.doi.org/10.1155/2014/843436 |
spellingShingle | Tsu-Yi Hung Yu-Ju Hsiao Shih-Wei Wu Advantage Management Strategy in Competition via Technological Race Perspective: Empirical Evidence from the Taiwanese Manufacturing Industry The Scientific World Journal |
title | Advantage Management Strategy in Competition via Technological Race Perspective: Empirical Evidence from the Taiwanese Manufacturing Industry |
title_full | Advantage Management Strategy in Competition via Technological Race Perspective: Empirical Evidence from the Taiwanese Manufacturing Industry |
title_fullStr | Advantage Management Strategy in Competition via Technological Race Perspective: Empirical Evidence from the Taiwanese Manufacturing Industry |
title_full_unstemmed | Advantage Management Strategy in Competition via Technological Race Perspective: Empirical Evidence from the Taiwanese Manufacturing Industry |
title_short | Advantage Management Strategy in Competition via Technological Race Perspective: Empirical Evidence from the Taiwanese Manufacturing Industry |
title_sort | advantage management strategy in competition via technological race perspective empirical evidence from the taiwanese manufacturing industry |
url | http://dx.doi.org/10.1155/2014/843436 |
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