Template-type: ReDif-Paper 1.0
Author-Name: Vallejo, Bertha
Author-workplace-name: UNU-MERIT
Title: The emergence of parallel trajectories in the automobile industry: Environmental issues
	 and the creation of new markets
Abstract: In the past few years we have witnessed how traditional manufacturing relationships
	 between North and South are rapidly changing and allowing for new forms of interaction.
	 This article suggests that we are facing, on the one hand, a disruption of the
	 traditional markets guided by traditional industries towards the creation of new
	 industries and consequently new markets. The study proposes the co-existence of three,
	 not-yet competing, trajectories: (i) the traditional one between Original Equipment
	 Manufacturers (OEMs) and their subsidiaries in the South, (ii) the emerging South (with
	 China and India) investing and acquiring OEMs from the North, (iii) the race for the
	 development of environmentally friendly technologies, pushed by public policy and
	 promoted by heavy public R&I funding; linked to the promotion by the North of new
	 industries. The implications of the interaction of these trajectories are not yet clear.
	 However, it seems that at least in the current stage of pre-competitive capabilities
	 building, collaboration among firms (in any of its forms) rather than competition is
	 proven to be more efficient in reaching technological mastery. The question of how the
	 South will position itself in the new emerging order is still an open one.  
Keywords: mobility, environment, automobile industry, innovation, H2020, supply chain management 
Classification-JEL: O33; L62; L50
Series: UNU-MERIT Working Papers
Creation-Date: 2015
Number: 2015-037
File-URL: https://unu-merit.nl/publications/wppdf/2015/wp2015-037.pdf
File-Format: application/pdf
File-Size: 275 kb
Handle: RePEc:unm:unumer:2015037