The How Latin American Firms are Changing the Playbook on Innovation? Papa, Javier. creator author. aut http://id.loc.gov/vocabulary/relators/aut SpringerLink (Online service) text sz 2024 1st ed. 2024. monographic eng

electronic

electronic resource

access XX, 129 p. 12 illus., 4 illus. in color. online resource. In recent years, developing countries have seen the emergence of successful and innovative firms, albeit often with state support. Argentina, which faces challenges including industrial decline and macroeconomic turbulence, offers an intriguing context for studying latecomer firms, as few have managed to innovate and compete globally without significant state backing. This book examines why and how latecomer firms facing adverse policies and hostile macroeconomic conditions can nevertheless survive, grow, and catch up with global competitors, while many other firms lag or fall further behind. It presents, on one hand, a theoretical framework that builds on contributions made by Gerschenkron (1962) and Hobday (1995) on latecomer catch-up in economic development theory, and on those by Nelson (1991, 2008) on firm-level differences in evolutionary theory; on the other, it provides a contextual framework for the catching-up experiences of firms from East Asia and Latin America, which ends with a description of Argentina’s main detrimental policy regimes over the past 50 years. Further, the book presents an statistical analysis of manufacturing firms’ performance, along with the corporate characteristics that underlie it, within the context of Argentina’s worst economic crisis to determine which firm characteristics stood out during times of crisis (e.g. innovation and organizational capabilities). To supplement the quantitative analysis and offer additional insights, it introduces two in-depth case studies on iconic latecomer firms, TENARIS and IMPSA, which, bolstered by the examination of over nearly half a million newspaper articles, illustrate their global success amidst numerous challenges. It emphasizes the importance of long-term corporate strategy, a flexible organizational structure, and a coherent set of technological and organizational capabilities, while also addressing policy implications, making it a valuable asset for researchers, policymakers, and corporate managers alike. Introduction -- Theoretical and Contextual Frameworks -- Statistical Analysis of Latecomers’ Innovations in Time of Crisis -- Case Studies of Two Latecomer Firms: Methodology -- Case Study of TENARIS -- Case Study of IMPSA -- Conclusions. by Javier Papa. Technological innovations Family-owned business enterprises Latin America Economic conditions Industries Evolutionary economics Institutional economics Economics Power resources Innovation and Technology Management Family Business Latin American/Caribbean Economics Industries Institutional and Evolutionary Economics Political Economy of Energy HD45 9783031684234 https://doi.org/10.1007/978-3-031-68423-4 https://doi.org/10.1007/978-3-031-68423-4 241003 20251030113124.0 978-3-031-68423-4