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Author:Kalafsky, R. V.
MacPherson, A. D.
Title:Input/output ranges and performance: an examination of US machine tool producers
Journal:Entrepreneurship & Regional Development
2003 : JAN-MAR, VOL. 15:1, p. 69-82
Index terms:MARKETS
INNOVATION
MACHINE TOOLS INDUSTRY
USA
Language:eng
Abstract:Firms in the machine tool (MT) industry produce capital goods that are critical to the manufacturing efforts of other industrial producers, especially those that engage in metalworking activity. Today, US companies in this small but strategically important sector are exposed to substantial import competition, as well as to strong competition from foreign companies that have established branch facilities inside the USA. While there are signs that some US firms have expanded their geographic market ranges domestically and internationally, many producers still sell within a relatively restricted geographic area. This paper examines the interconnections that exist between the geographic input- output ranges of US machine tool producers and various indicators of business performance.
SCIMA record nr: 248142
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