Drawing upon case studies of the steel industry in the US, Japan, South Korea, Brazil and India, this book explains how and why the steel industry has shifted from advanced capitalist countries to late industrializing countries. Anthony P. D'Costa examines the relationship between industrial change and institutional responses to technological diffusion. He reveals the governments' and firms' differing responses to innovations lead to an uneven diffusion of technology and industrial reorganization.
Drawing upon case studies of the steel industry in the US, Japan, South Korea, Brazil and India, this book explains how and why the steel industry has shifted from advanced capitalist countries to late industrializing countries. Anthony P. D'Costa examines the relationship between industrial change and institutional responses to technological diffusion. He reveals the governments' and firms' differing responses to innovations lead to an uneven diffusion of technology and industrial reorganization. Moreover, when it becomes clear that existing institutional arrangements no longer serve the industry well, new arrangement are created which allow for innovative behaviour. Often this has created opportunities for technological 'leapfrogging' and the emergence of new technologies in unexpected places.
CONTENTS
List of figures
List of tables
The restructuring of the steel industry
An institucional interpretation of steel industry restructuring.An analytical framework
Tecnological change and crisis in the American Steel industry
Tecnological change and rapid industrial development in Japan an South Korea
Tecnological change and institutional challenges in Brazil,India and Korea
Tecnological change and internationalization of the steel industry
Innovations,entrepreneurial breakthroughs and industry restructuring
Interpreting technological change and industrial restructuring