Defining Automotive Technology

Submitted by Michael Smitka, Washington and Lee University [Lexington, VA] on Fri, 06/14/2019 - 10:26

Publication Type:

Conference Paper

Authors:

Smitka, Michael

Source:

GERPISA 2019, Paris (2019)

Keywords:

innovation, Technical change, Technology transfer

Abstract:

Automotive technology does not reside in patents but in teams of engineers who can develop products and associated production capabilities. Such technology can only be accumulated by building up teams within and across firms, a process that takes 20 years. In other words, technology is embodied in teams, and cannot be stolen.