Table of Contents

Innovation in Low-Tech Firms and Industries

Innovation in Low-Tech Firms and Industries

Industrial Dynamics, Entrepreneurship and Innovation series

Edited by Hartmut Hirsch-Kreinsen and David Jacobson

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.

Chapter 3: Standard-setting Competition and Open Innovation in Non-HT Industries: Mechanical Engineering and Machinery

Alexander Gerybadze and André Slowak

Subjects: economics and finance, economics of innovation, innovation and technology, economics of innovation

Extract

Alexander Gerybadze and André Slowak THE NEW DYNAMICS OF OPEN INNOVATION IN NON-HIGH-TECH INDUSTRIES This chapter describes the new dynamics of innovation and the complex interrelationship between R&D strategies, inter-firm alliances and standard-setting agreements. In most high-tech as well as in low- and medium-tech industries, new products and services increasingly build on a complex configuration of technologies and complementary assets. Even the largest corporations need to set up cooperative agreements with suppliers, complementary service providers, research centres, regulators and the like in order to manage complex innovations successfully. There is a growing stream of research on open innovation and new forms of alliances. Most of these new studies address case studies and critical issues in high-tech industries, with a strong focus on information technology and the new role of the Internet. In a recent survey on the state-of-the-art in open innovation, Chesbrough (2006b) has emphasized the need to extend this new research programme to the study of non-high-tech industries and to include more case studies on innovation in different European countries. The European research group on the study of innovation in low-tech industries thus provides an ideal platform for the study of new forms of open innovation which are typical of more traditional industries in European countries. Our research focuses on industries that can be considered medium-tech and play a strong role in Europe: mechanical engineering, metal-working, machine-tools, measurement and process control. Products and systems are highly complex and innovation depends on strong linkages between industrial...

You are not authenticated to view the full text of this chapter or article.

Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.

Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.

Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.

Further information