Show simple item record

dc.contributor.authorCormican, Kathryn
dc.date.accessioned2014-01-31T11:23:51Z
dc.date.available2014-01-31T11:23:51Z
dc.date.issued2006
dc.identifier.citationDermot Fennelly, Kathryn Cormican, Value chain migration from production to product centred operations: an analysis of the Irish medical device industry, Technovation, Volume 26, Issue 1, January 2006, Pages 86-94.en_US
dc.identifier.issn0166-4972
dc.identifier.urihttp://hdl.handle.net/10379/4110
dc.description.abstractThe medical device industry in Ireland is largely confined to manufacturing operations. This narrow focus limits the competitiveness of the industry in Ireland and consequently poses a threat to development and growth. Economic opinion indicates that more emphasis must be placed on higher value-added activities such as research and development (R&D) and new product development. This paper explores the concept of value chain migration in the Irish medical device industry. Specifically, it examines the shift from production to product-centred operations in the medical device industry. A significant proportion of organisations that occupy this industry are multinational subsidiaries. Typically, subsidiaries depend on their parent company to develop new products using R&D resources close to headquarters. Few subsidiaries have control of their product development activities and spending on research and development is inadequate. Subsidiaries cannot depend on the benevolent actions of the parent company to secure future viability. This study examines the competitive environment of multinational subsidiaries based in Ireland. The nature and extent of R&D activity in the industry is explored and potential threats and shortcomings are noted. The argument for and against moving towards product centred operations is examined and presented. The findings of this study reveal that the proactive subsidiary is far more responsive to its business environment than an organisation with centralised control. For example, certain initiatives can help to maintain market entry barriers, can help to control the power of suppliers and customers and can help to guard against substitutes. Moreover, subsidiaries must proactively manage the supply of new product developments by securing an adequate share of the output of parent company R&D. To do this, they must demonstrate solid performance, build local capabilities in new product development and actively manage relationships.en_US
dc.language.isoenen_US
dc.relation.ispartofTechnovationen
dc.subjectResearch and developmenten_US
dc.subjectNew product developmenten_US
dc.subjectValue chainen_US
dc.subjectCase studyen_US
dc.subjectSubsidiaryen_US
dc.subjectSuccess factorsen_US
dc.subjectInnovationen_US
dc.subjectFutureen_US
dc.titleValue chain migration from production to product centred operations: an analysis of the Irish medical device industryen_US
dc.typeArticleen_US
dc.date.updated2013-09-19T09:22:47Z
dc.identifier.doihttp://dx.doi.org/10.1016/j.technovation.2004.07.005
dc.local.publishedsourcehttp://www.sciencedirect.com/science/article/pii/S0166497204001117en_US
dc.description.peer-reviewedpeer-reviewed
dc.contributor.funder|~|
dc.internal.rssid1342247
dc.local.contactKathryn Cormican, Mechanical & Biomedical Eng, Eng-2046, New Engineering Building, Nui Galway. 3975 Email: kathryn.cormican@nuigalway.ie
dc.local.copyrightcheckedNo
dc.local.versionACCEPTED
nui.item.downloads1349


Files in this item

Attribution-NonCommercial-NoDerivs 3.0 Ireland
This item is available under the Attribution-NonCommercial-NoDerivs 3.0 Ireland. No item may be reproduced for commercial purposes. Please refer to the publisher's URL where this is made available, or to notes contained in the item itself. Other terms may apply.

The following license files are associated with this item:

Thumbnail

This item appears in the following Collection(s)

Show simple item record