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Full-Text Articles in Business

The Vasa Capsizes, Richard O. Mason Jan 1994

The Vasa Capsizes, Richard O. Mason

Historical Working Papers

The sinking of the ship the Vasa on her maiden voyage, along with historical evidence, is presented as a case study that may be useful for classes discussing management of technological change innovation, or leadership.


Aggregate Convergence And Sectoral Specialization In Innovation, Mario Pianta, Daniele Archibugi Dec 1993

Aggregate Convergence And Sectoral Specialization In Innovation, Mario Pianta, Daniele Archibugi

Mario Pianta

Over the last 20 years OECD countries have converged in terms of their innovation, in parallel to the process of economic convergence and catching-up in technology. However, this has not led to a similarity in the sectoral strenghts of the majority of countries. Applying a measure of "technological distance" between pairs of countries based on patents, it is shown that nations have increased their technological specialization (i.e their sectoral differences) over the 1980s. An apparent paradox is pointed out, as countries converge by becoming more different and grow by becoming more specialized.