A fundamental problem in the field of new technology is how firms develop and sustain disruptive technologies for industrial change. The literature has analyzed several characteristics of disruptive innovations. However, the drivers are hardly known. The study suggests that, in markets with high...

There is evidence that Europe's manufacturing activity is increasingly concentrated in a Central European (CE) core which the IMF in a recent publication also refers to as the German-Central European supply chain. This CE manufacturing core is dominated by Germany and in addition comprises...