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Titanium Implants – A Comparison of a Swedish and an Ohio Firm

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Abstract

Two firms in the health care market are studied in a case study of the introduction of two almost identical innovations. The two firms, both in the titanium implant business have been chosen so that they match when it comes to origin, technology and customers. But the diffusion occurred in two different (institutional) environments, the Swedish and the US. The whole process from invention to innovation and diffusion in the market is studied. The analysis takes its starting point in competence bloc theory (a Schumpeterian theory). We find that the institutional environment is crucial for firm growth.

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  • Fridh, Ann-Charlotte, 2003. "Titanium Implants – A Comparison of a Swedish and an Ohio Firm," Ratio Working Papers 21, The Ratio Institute.
    • Handle: RePEc:hhs:ratioi:0021
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    File URL: http://www.ratio.se/pdf/wp/wp_acf_titanium.pdf
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    1. Gunnar Eliasson & Asa Eliasson, 1996. "The biotechnological competence bloc," Revue d'Économie Industrielle, Programme National Persée, vol. 78(1), pages 7-26.
    2. Holtz-Eakin, Douglas & Joulfaian, David & Rosen, Harvey S, 1994. "Sticking It Out: Entrepreneurial Survival and Liquidity Constraints," Journal of Political Economy, University of Chicago Press, vol. 102(1), pages 53-75, February.
    3. Blanchflower, David G & Oswald, Andrew J, 1998. "What Makes an Entrepreneur?," Journal of Labor Economics, University of Chicago Press, vol. 16(1), pages 26-60, January.
    4. Lindh, Thomas & Ohlsson, Henry, 1996. "Self-Employment and Windfall Gains: Evidence from the Swedish Lottery," Economic Journal, Royal Economic Society, vol. 106(439), pages 1515-1526, November.
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    More about this item

    Keywords

    invention; innovation; institutional environment; titanium implants;
    All these keywords.

    JEL classification:

    • I11 - Health, Education, and Welfare - - Health - - - Analysis of Health Care Markets
    • L65 - Industrial Organization - - Industry Studies: Manufacturing - - - Chemicals; Rubber; Drugs; Biotechnology; Plastics

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