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2021
DOI: 10.1016/j.ajsl.2021.09.002
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Analyzing the evolution of concentration within containerized transport chains through a circuitist approach: The role of innovations in accelerating the circuits of liner and container terminal operators

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Cited by 5 publications
(3 citation statements)
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“…In other words, firms in concentrated markets and with greater market power are, amongst others, more competent to finance R&D activities and appropriate the returns and hence have better incentives to innovate [70]. While innovations are also triggered by garage tinkerers and public funding [71], Styliadis and Chlomoudis [13] suggest that firms in concentrated markets have a greater capacity to diffuse the surplus value appropriated and to develop novel innovations which further decrease the turnover time of their capital circuit by either increasing its velocity or its scale and intensity.…”
Section: Research Frameworkmentioning
confidence: 99%
See 1 more Smart Citation
“…In other words, firms in concentrated markets and with greater market power are, amongst others, more competent to finance R&D activities and appropriate the returns and hence have better incentives to innovate [70]. While innovations are also triggered by garage tinkerers and public funding [71], Styliadis and Chlomoudis [13] suggest that firms in concentrated markets have a greater capacity to diffuse the surplus value appropriated and to develop novel innovations which further decrease the turnover time of their capital circuit by either increasing its velocity or its scale and intensity.…”
Section: Research Frameworkmentioning
confidence: 99%
“…More than 60 years since McLean's innovation, the containerized transport market has little resemblance to what started off as a niche market. Exploration of innovation possibilities to further enhance operational performance, reduce costs and minimize commodities "fallow time" have led to leapfrogs in efficiency and increased speeds of commodity circulation, enabling in turn the exponential growth of the container trade [13]. After all, effective utilization of technological capabilities has been related to a firm's capacity to develop and sustain a competitive advantage [14], as well as to an increase its market share [15].…”
Section: Introductionmentioning
confidence: 99%
“…It is known that Amazon has also obtained a patent for a similar product (product distribution warehouses floating in the sky) (Baron, 2018). Compared to the conversion of containerships to floating warehouses (Styliadis & Chlomoudis, 2021), floating warehouses in the sky can be considered quite interesting and innovative. According to Baron (2018), the cost savings of floating warehouses in the sky to Amazon are $887 billion (Baron, 2018).…”
Section: Drone Deliverymentioning
confidence: 99%