Journal of Korea Technology Innovation Society (기술혁신학회지)

Korea Technology Innovation Society (한국기술혁신학회)
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Technical Change of World Industry: a Malmquist Index Approach

Malmquist지수에 의한 세계 철강산업의 기술변화

  • Published : 2001.12.01
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Abstract

In this research, the world top steel companies' technical changes were measured by the nonparametric Malmquist index. Steel industry's production frontier which was composed of multiple inputs and multiple outputs was defined by using real data of the companies from 1986 to 1998, and then the variability of technical progress(or regress) was analyzed during that period. The dynamics of individual steel companies\` technical changes, periodical technical changes, and each country's technical chanties were explained. A matrix which was based on technical chanties, technical efficiency changes, and scale efficiency changes was designed to assist to find out current position and In build up future strategies. This research results will be an valuable input to the early stage of formulating competitive strategy because the technical core capability is an important source of the each companies's competitiveness.

Keywords

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