Locked in a capability trap? The case of the composites industry

Chatzimichali, Anna; Yearworth, Michael; Potter, Kevin

Abstract

How can a new material technology create growth? Is having a better material a guarantee for industrial success? This work suggests that technological growth requires a different level of analysis to enable a holistic understanding of issues around the production capability for a new material technology. In this paper issues around the development of the composite material industry are explored. The main tenet behind this work is that the composite industry is locked in a capability trap; the paradox of fixating on seemingly profitable short-term results, while losing focus on the strategic vision. A qualitative study and interviews with experts in composites provide the basic evidence to initiate the discussion around this phenomenon.

Citation

Chatzimichali, A., Yearworth, M., & Potter, K. (2014, July). Locked in a capability trap? The case of the composites industry. Paper presented at The 2014 International Conference of the System Dynamics Society

• Presentation Conference Type: Conference Paper (unpublished)
• Conference Name: The 2014 International Conference of the System Dynamics Society
• Start Date: Jul 20, 2014
• End Date: Jul 24, 2014
• Acceptance Date: Jan 20, 2014
• Publication Date: Jul 14, 2014
• Peer Reviewed: Peer Reviewed
• Keywords: composite industry
• Publisher URL: https://www.systemdynamics.org/assets/conferences/2014/proceed/papers/P1051.pdf
• Additional Information: Title of Conference or Conference Proceedings : The 2014 International Conference of the System Dynamics Society