Description
Book SynopsisThis innovative and clearly written book examines the process of diversification as a strategy to promote innovation and growth within firms and to foster structural change in industry. Through a comparative case study of the aerospace industry, using cases of diversification at Dassault (France), Saab (Sweden) and Daewoo (South Korea), the author examines interactions between the firm and the state, and critically evaluates the role of national and sectoral institutions during the diversification process. He then uses these findings to propose a new, original model for diversification.
Key features include:
- an exploration of the ways in which the systems of innovation approach can be used to analyse strategies in firms
- new insights into the concept of 'institutions'
- an examination of the relationship between the behaviour of diversifying firms and institutionspath-breaking research on the South Korean aerospace industry.
The combination of an up-to-date and thorough analysis of the general literature on diversification and its shortcomings, as well as three detailed case studies, will render this work invaluable to those interested in management studies and systems of innovation, and anyone working in the aircraft industry.
Trade Review'The study provides exciting histories of three product innovation programs. What is more, covering three countries, three market segments, and three time periods, Texier has succeeded in telling a bigger story.' -- Koen Frenken, Journal of Evolutionary Economics
Table of ContentsContents: 1. Introduction Part I: Theoretical Framework and Methods 2. Diversification in Systems of Innovation 3. A Case-Study Approach to Analyse Diversification in Firms Part II: Empirical Research 4. From Military Aircraft to Business Jets in France: The Case of the Dassault Mystère-Falcon 20 5. From Military to Regional Aircraft in Sweden: The Case of the Saab 340 6. The First Indigenous Korean Aircraft: The Case of the Daewoo KTX-1 ‘Woong-Bee’ Part III: Analysis and Conclusions 7. Why Did the Firms Diversify? 8. How Did the Firms Diversify? 9. Conclusions References Index
