Tag Archive | "Industry upgrade"

Understanding Industrial Innovation and Upgrade from Modularization’s Perspective

In the era of globalization and information technology, modularization is an approach to solve economic system complexity and the essence of new industrial structure. The source of industrial innovation comes from technology and organization modularization and system integration. Industrial upgrade takes effect through interaction of the following factors: competition of modular firms, knowledge creation, knowledge flow, modular option and absorptive capability. The modular and architectural innovation promotes the industrial upgrade.

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Posted in Economics, Volume III, Issue no. 6