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Dynamic catch-up strategy, capability expansion and changing windows of opportunity in the memory industry

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  • Shin, Jang-Sup

Abstract

The memory industry has twice experienced a change of market leadership, from the US to Japan in the early 1980s and from Japan to Korea in the 1990s. More than two decades have now passed, however, without further leadership change. This paper examines the reasons for this and discusses its implications for catch-up strategies and changing windows of opportunity for latecomers. It identifies the catch-up strategy that is imperative in the memory industry as a “dynamic catch-up strategy” and investigates how it worked for Japan and Korea until the middle of the 1990s. It then explores why the strategy later became more difficult to implement successfully.

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  • Shin, Jang-Sup, 2017. "Dynamic catch-up strategy, capability expansion and changing windows of opportunity in the memory industry," Research Policy, Elsevier, vol. 46(2), pages 404-416.
    • Handle: RePEc:eee:respol:v:46:y:2017:i:2:p:404-416
    DOI: 10.1016/j.respol.2016.09.009
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    Cited by:

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    3. Landini, Fabio & Lee, Keun & Malerba, Franco, 2017. "A history-friendly model of the successive changes in industrial leadership and the catch-up by latecomers," Research Policy, Elsevier, vol. 46(2), pages 431-446.
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    8. Si Zhang & Shirong Gu & Yuxuan Tang, . "How does policy create an opportunity window for China’s digital economy?," UNCTAD Transnational Corporations Journal, United Nations Conference on Trade and Development.
    9. Lee, Keun & Ki, Jee-hoon, 2017. "Rise of latecomers and catch-up cycles in the world steel industry," Research Policy, Elsevier, vol. 46(2), pages 365-375.
    10. Yuzhe Miao & Jaeyong Song & Keun Lee & Chuyue Jin, 2018. "Technological catch-up by east Asian firms: Trends, issues, and future research agenda," Asia Pacific Journal of Management, Springer, vol. 35(3), pages 639-669, September.
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    16. Guo, Yanting & Zheng, Gang, 2019. "How do firms upgrade capabilities for systemic catch-up in the open innovation context? A multiple-case study of three leading home appliance companies in China," Technological Forecasting and Social Change, Elsevier, vol. 144(C), pages 36-48.
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    18. Lee, Keun, 2019. "Economics of Technological Leapfrogging," MPRA Paper 111034, University Library of Munich, Germany.
    19. Mugwagwa, Julius & Banda, Geoffrey & Ozor, Nicholas & Bolo, Maurice & Oriama, Ruth, 2022. "Optimising governance capabilities for science, research and innovation in Africa," Technology in Society, Elsevier, vol. 68(C).
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    21. Rothgang, Michael & Lageman, Bernhard, 2021. "Kairos in Innovation Policy: Theoretical Background and Practical Implications for the Triple Helix," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 8(2), pages 231-281.
    22. Lei Guo & Marina Yue Zhang & Mark Dodgson & David Gann & Hong Cai, 2019. "Seizing windows of opportunity by using technology-building and market-seeking strategies in tandem: Huawei’s sustained catch-up in the global market," Asia Pacific Journal of Management, Springer, vol. 36(3), pages 849-879, September.
    23. Soltanzadeh, Javad & Rahmani, Soma & Majidpour, Mehdi, 2024. "Technological catch-up in the Iranian steel industry: Integrating regime-based and complex product systems approaches," Resources Policy, Elsevier, vol. 89(C).
    24. Yijia Chen & Robert Hassink, 2019. "Multi-scalar knowledge bases for new regional industrial path development: Toward a typology," PEGIS geo-disc-2019_10, Institute for Economic Geography and GIScience, Department of Socioeconomics, Vienna University of Economics and Business.

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