 Shipping as a Knowledge Industry: Research and Strategic Planning at Ocean GroupNiels P. Petersson ()
Chapter Chapter 7 in Shipping and Globalization in the Post-War Era, 2019, pp 157-182 from Palgrave Macmillan Abstract: Abstract This chapter approaches the question of how transformations in the world of shipping relate to wider trends in business and general history through the lens of knowledge. It will investigate how technological and managerial knowledge was created, developed and exploited as a corporate resource from the 1950s onwards in Ocean Transport and Trading, one of the UK’s leading liner shipping firms. The chapter will, first, briefly discuss the resource-based view of the firm and the importance of knowledge as a corporate resource. It will then examine Ocean’s use of technological and operational knowledge in the post-war era. The following section examines the introduction of modern management concepts at Ocean from the late 1960s and their impact on corporate strategy. In conclusion, the chapter will argue that the introduction of managerial concepts of knowledge contributed to Ocean’s gradual withdrawal from shipping and transformation into a provider of global logistics services and that analyzing shipping as a knowledge industry helps make sense of the transformation of the industry. Date: 2019 There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:pal:psmchp:978-3-030-26002-6_7 Ordering information: This item can be ordered from DOI: 10.1007/978-3-030-26002-6_7 Access Statistics for this chapter More chapters in Palgrave Studies in Maritime Economics from Palgrave Macmillan |
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