The Lasting Competitive Advantage of US Firms

Pierre-Yves Donzé ()
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Pierre-Yves Donzé: Osaka University

Chapter Chapter 4 in Medtech, 2022, pp 63-95 from Springer

Abstract: Abstract This chapter provides general data about the US medtech and investigates two main models of companies. First, there are the giants of the electronic industry, especially General Electric. A classical business history approach, based on company archives, shows how the firm built, maintained, and developed its competitive advantage in the medtech industry over time. Second, the chapter focuses on the formation and growth of a new breed: the medtech multinationals (Medtronic, Boston Instruments, Johnson & Johnson, Baxter, etc.). This model is unique to the American medtech industry, and the process of growth (through R&D, diversification, and domestic and global M&As) sheds light on the basis of their development.

Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-7174-6_4

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DOI: 10.1007/978-981-16-7174-6_4

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