Strategic responses to low-cost competition; technological lock-in in the Dundee jute industry

Swapnesh Masrani, Peter McKiernan, Alan McKinlay

Research output: Contribution to journalArticle

Abstract

This paper examines path dependency and technological lock-in in the evolution of the Dundee jute industry, from its beginnings in the 1860s to its demise in the 1970s. The evolution of the industry is explored using the resource-based view of the firm (RBV). The results suggest that the nature and construct of jute fibre was the root cause of a lack of sustainable strategic responses in the sector. Path dependent decisions and technological lock-in meant that many firms were not able to make successful strategic switches, although the capabilities of their engineering skills allowed some firms to endure for longer. Thus, the paper extends the RBV to a deeper firm capability level and complements cognate literature on the UK textile sector with a finer specification of the phases in jute’s evolution.
LanguageEnglish
JournalBusiness History
Early online date30 Sep 2018
DOIs
Publication statusE-pub ahead of print - 30 Sep 2018

Fingerprint

Lock-in
Strategic response
Costs
Industry
Jute
Dundee
Resource-based view of the firm
Resources
Nature
Fiber
Firm capabilities
Path dependency
Causes
Demise
Path Dependency
Cognates
1970s
1860s

Keywords

  • Dundee jute industry
  • strategic change
  • technological change
  • innovation
  • path dependency
  • lock-in
  • resource-based view
  • strategic response

Cite this

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Strategic responses to low-cost competition; technological lock-in in the Dundee jute industry. / Masrani, Swapnesh; McKiernan, Peter; McKinlay, Alan.

In: Business History, 30.09.2018.

Research output: Contribution to journalArticle

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