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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Main Authors: Tsu-Yi Hung, Yu-Ju Hsiao, Shih-Wei Wu
Format: Article
Language:English
Published: Wiley 2014-01-01
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.
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institution Kabale University
issn 2356-6140
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language English
publishDate 2014-01-01
publisher Wiley
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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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AT yujuhsiao advantagemanagementstrategyincompetitionviatechnologicalraceperspectiveempiricalevidencefromthetaiwanesemanufacturingindustry
AT shihweiwu advantagemanagementstrategyincompetitionviatechnologicalraceperspectiveempiricalevidencefromthetaiwanesemanufacturingindustry