The Globalisation of Technology: What Remains of the Product Cycle Model?

John Cantwell

Cambridge Journal of Economics, 1995, vol. 19, issue 1, 155-74

Abstract: This paper reexamines two hypotheses associated with earlier versions of the product cycle model. The first hypothesis, that innovations are almost always located in the home country of the parent company, is rejected on the basis of evidence drawn from one hundred years of U.S. Patent Office data. The second hypothesis, that the international dispersion of activity is led by technology leaders, is historically valid. However, over the last twenty years, technology leaders have been ahead instead in the globalization of technology--that is, in developing internal international networks to exploit the locationally differentiated potential of foreign centers of excellence. (c) 1995 Academic Press, Inc. Copyright 1995 by Oxford University Press.

Date: 1995
References: Add references at CitEc
Citations: View citations in EconPapers (267)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:cambje:v:19:y:1995:i:1:p:155-74

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

Cambridge Journal of Economics is currently edited by Jacqui Lagrue

More articles in Cambridge Journal of Economics from Cambridge Political Economy Society Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().