Ratio Working Papers
Titanium Implants – A Comparison of a Swedish and an Ohio Firm
Abstract: Two firms in the health care market are studied in a case
study of the introduction of two almost identical innovations. The two
firms, both in the titanium implant business have been chosen so that they
match when it comes to origin, technology and customers. But the diffusion
occurred in two different (institutional) environments, the Swedish and the
US. The whole process from invention to innovation and diffusion in the
market is studied. The analysis takes its starting point in competence bloc
theory (a Schumpeterian theory). We find that the institutional environment
is crucial for firm growth.
Keywords: invention; innovation; institutional environment; titanium implants; (follow links to similar papers)
JEL-Codes: I11; L65; (follow links to similar papers)
35 pages, April 15, 2003
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