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Innovation Objectives, Strategies and Firm Performance: A Study of Emerging Market Firms Read chapter Read first chapter

2013 | OriginalPaper | Chapter

Rethinking the Management of Technological Innovations, Product Complexity and Modularity: The Effects of Low-Probability, High-Impact Events on Automotive Supply Chains

Authors : Adrian E. Coronado Mondragon, Christian E. Coronado Mondragon

Published in: Driving the Economy through Innovation and Entrepreneurship

Publisher: Springer India

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Abstract

Japan’s tidal wave of 2011 represented a Black Swan, one low-probability, high-impact event that disrupted supply chains all over the world. The automotive sector, characterized for the extensive use of modularity to handle technological innovations and product complexity, was severely affected. A review is provided of the implications of the 2011 Black Swans on supply chains of automotive modules that use complex electronic components such as microcontroller units (MCUs). The disruptions to the supply of MCU-based modules prompted to discuss the supplier park model, resulting in the generation of a solution that has the potential to mitigate future Black Swans effects.

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previous chapter Innovation Management Strategy: Empirical Evidence from Indian Manufacturing Firms
next chapter Enhancing and Leveraging Potential for Innovation
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Metadata
Title
Rethinking the Management of Technological Innovations, Product Complexity and Modularity: The Effects of Low-Probability, High-Impact Events on Automotive Supply Chains
Authors
Adrian E. Coronado Mondragon
Christian E. Coronado Mondragon
Copyright Year
2013
Publisher
Springer India
Book
Driving the Economy through Innovation and Entrepreneurship

Print ISBN: 978-81-322-0745-0

Electronic ISBN: 978-81-322-0746-7

Copyright Year: 2013

DOI
https://doi.org/10.1007/978-81-322-0746-7_43