Collaborative Advantage and National Patterns of Innovation
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Chapter 3 develops the main argument of the book and shows how globalization caused persistent and consequential divergence of national institutions and industrial specializations over time. It proposes that globalization led to a set of benefits for firms, most importantly new opportunities for firms to specialize because of the ability to collaborate with others. The ability to enter new industries through specialization shaped firms’ responses to national industrial policies: even where governments aimed at the creation of comprehensive national industries, firms responded with narrow competitive strategies that built on existing skills and repurposed legacy institutions of the domestic economy.
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2018 ◽
Vol 14
(1)
◽
pp. 7-21
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