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2012 | OriginalPaper | Chapter

2. Theoritical and Empirical Literature Review

Authors : Vivienne Wang, Elias G. Carayannis

Published in: Promoting Balanced Competitiveness Strategies of Firms in Developing Countries

Publisher: Springer New York

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Abstract

The role of conventional innovation in achieving competitive advantage has been examined from the views of comparative and competitive advantage model, resource-based perspective, product life cycle, and internalization theories, such as transaction cost in developed countries (Chudnovsky et al. 2006). However, the ­relevance of incremental and adaptive innovation in escalating competitive position of a firm in a developing country has not been adequately studied (Chudnovsky et al. 2006). To develop the research framework, this study draws mainly from two interrelated fields: innovation model and comparative and competitive advantage model. It also derives relevant aspects from technological cycle, resource-based perspective, path-dependency theory, and sectoral innovation system.

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Metadata
Title
Theoritical and Empirical Literature Review
Authors
Vivienne Wang
Elias G. Carayannis
Copyright Year
2012
Publisher
Springer New York
DOI
https://doi.org/10.1007/978-1-4614-1275-5_2