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The strategic advantages of new manufacturing technologies for small firms

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  • Jack Meredith

Abstract

From the descriptions of firms implementing high technology manufacturing programs it would appear that only large companies can benefit from these new manufacturing technologies. In this article the point is argued that small firms are just as well, or better, equipped to implement and benefit from these technological advances, particularly in strategic areas. After describing these new technologies and their benefits and risks, two case studies are presented of small firms that made strategic use of these benefits. The factors that allow this are discussed, and the way that manufacturing technology is altering the competitive equation between large and small firms is then described.

Suggested Citation

  • Jack Meredith, 1987. "The strategic advantages of new manufacturing technologies for small firms," Strategic Management Journal, Wiley Blackwell, vol. 8(3), pages 249-258, May.
    • Handle: RePEc:bla:stratm:v:8:y:1987:i:3:p:249-258
    DOI: 10.1002/smj.4250080304
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    Cited by:

    1. T. Ramayah & Osman Mohamad & Azizah Omar & Malliga Marimuthu & Jasmine Yeap Ai Leen, 2012. "The Influence of SME Owners’ Characteristics on Technology Adoption," Indian Journal of Commerce and Management Studies, Educational Research Multimedia & Publications,India, vol. 3(3), pages 10-16, September.
    2. Mallick, Debasish N. & Mukhopadhyay, Samar K., 2001. "Local design vs. global design: A strategic business choice," European Journal of Operational Research, Elsevier, vol. 131(2), pages 389-399, June.
    3. David B. Audretsch & Martin A. Carree & Adriaan J. Van Stel & A. Roy Thurik, 2002. "Impeded Industrial Restructuring: The Growth Penalty," Kyklos, Wiley Blackwell, vol. 55(1), pages 81-98.
    4. Thong, James Y. L., 2001. "Resource constraints and information systems implementation in Singaporean small businesses," Omega, Elsevier, vol. 29(2), pages 143-156, April.
    5. Rui Baptista & Roy Thurik, 2004. "The Relationship between Entrepreneurship and Unemployment: is Portugal an Outlier?," Papers on Entrepreneurship, Growth and Public Policy 2004-40, Max Planck Institute of Economics, Entrepreneurship, Growth and Public Policy Group.
    6. Élisabeth Lefebvre & Louis A. Lefebvre & Marie Josée Roy, 1994. "Technological Penetration and Cumulative Benefits in SMEs," CIRANO Working Papers 94s-18, CIRANO.
    7. Parker, Abdul Rauf, 2000. "Impact on the Organizational Performance of the Strategy-Technology Policy Interaction," Journal of Business Research, Elsevier, vol. 47(1), pages 55-64, January.
    8. Lefebvre, Louis-A. & Lefebvre, Élisabeth, 1988. "Technologie et libre-échange : une complicité souhaitable," L'Actualité Economique, Société Canadienne de Science Economique, vol. 64(4), pages 616-629, décembre.
    9. Martin Carree & André van Stel & Roy Thurik & Sander Wennekers, 2000. "Business Ownership and Economic Growth in 23 OECD Countries," Tinbergen Institute Discussion Papers 00-001/3, Tinbergen Institute.

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