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- W1974068621 abstract "Manufacturing modernization programs are designed to improve the competitiveness of small- and medium-sized manufacturers by accelerating their use of best-practice technologies. Justification for these programs is most often cast in terms of past slow rates of adoption, international economic competitiveness, and market failures in the provision of information. These frameworks, however, do not adequately address policy and programmatic issues related to program design, financing, and program evaluation. Using a microeconomic model based on the firm- and industry-level effects of these programs, we examine the importance of spillover benefits from modernization efforts, both horizontal spillovers to rivals of program clients and vertical spillovers to clients' customers, and the implications for these policy and programmatic issues." @default.
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- W1974068621 date "1999-11-01" @default.
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- W1974068621 title "The microeconomics of manufacturing modernization programs" @default.
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- W1974068621 doi "https://doi.org/10.1016/s0048-7333(99)00025-6" @default.
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