By Jorge M. Katz
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Additional resources for Technology Generation in Latin American Manufacturing Industries
Example text
The empirical evidence as far as 'roundaboutness' is concerned shows that: (1) Manufacturing firms in LDCs make much less use of subcontracting than their counterparts in DCs. 29 (2) The degree of subcontracting seems to increase over time, but not at a very fast pace. 30 Quite on the contrary, the time needed for the development of a reasonably efficient network of subcontractors in any particular branch of manufacturing seems to take the better part of two decades. (3) Subcontractors tend to grow out from the very fabric of large industrial firms.
The role of micro and macro variables in shaping up entrepreneur's technological behaviour. (b) An 'evolutionary' metaphor of technology generation efforts in LDCs manufacturing plants As shown in the first section of this chapter, research in the field of technology has taken adefinite microeconomic orientation over the last decade. The old paradigm in which technological change is exogenously given to the firm is now giving way to a new micro theory in which companies have an endogenously-determined technological search strategy.
Provide sufficient ground to suspect market failure, Nelson's features - tacitness, inimitability and imperfeet understanding - suggest that manufacturing firms will significantly differ among themselves, even when operating under roughly similar economic and market regime conditions. This is certainly a far cry from conventional production theory, and has an obvious consequence upon the 'technology transfer' metaphor as we shall have the opportunity to see in future sections of this chapter.