The Economic Geography of Globalization 2011
DOI: 10.5772/17215
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Global Shipbuilding Competition: Trends and Challenges for Europe

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Cited by 11 publications
(9 citation statements)
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“…This new market paradigm emerged not only in ITrelated industries but also in other areas, such as shipbuilding. In that industry, Chinese companies were beginning to use their low labor costs to challenge Korean companies such as Hyundai and Samsung Heavy Industry Inc., while the Korean companies tried to overcome these challenges by concentrating on moving their product portfolios toward more highvalue-added vessels, such as liquid natural gas carriers and drill ships (Shin and Ciccantell, 2009;Mickeviciene, 2011). In this way, Korean companies began to realize the importance of product innovation much more than process innovation, not only in their production and innovation activities but also in the development of the human resources that actually drive such innovations.…”
Section: New Initiatives: Changes In Korean Industry Structure and A mentioning
confidence: 99%
“…This new market paradigm emerged not only in ITrelated industries but also in other areas, such as shipbuilding. In that industry, Chinese companies were beginning to use their low labor costs to challenge Korean companies such as Hyundai and Samsung Heavy Industry Inc., while the Korean companies tried to overcome these challenges by concentrating on moving their product portfolios toward more highvalue-added vessels, such as liquid natural gas carriers and drill ships (Shin and Ciccantell, 2009;Mickeviciene, 2011). In this way, Korean companies began to realize the importance of product innovation much more than process innovation, not only in their production and innovation activities but also in the development of the human resources that actually drive such innovations.…”
Section: New Initiatives: Changes In Korean Industry Structure and A mentioning
confidence: 99%
“…Since the wood replace by iron and steel, leadership in global market of shipbuilding industry has been take over few times from Great Britain to japan, then to South Korea and finally to China. The condition and reason factor influence this take over presented in table 1 [12]. China has been targeting to become leadership of global market shipbuilding industry in 2015, and China able to accomplish their target half of the time they need, because the main factor is recession of global economy in 2008 -2009, but however China actually have advantage as emerging shipbuilding industry market, with big potential of human resources and massive support from China government to help and supporting China to become leaderships of global market in shipbuilding industry as expected.…”
Section: Global Shipbuilding Conditionmentioning
confidence: 99%
“…Third, 60% of shipbuilding project that only focus fulfills demand area domestic in japan, which don't show development of the new technology and new production management method. And the latest report of 2010 about Japan shipbuilders confirm that Japan shipbuilding industry only work for Japanese owner at 82,4%, competitiveness of Japan shipbuilding industry also hit by the gap between demand and supply for material, increase time of delivery and exchange rate of their national currency, which Yen that strengthening against US dollar [12]. In the middle of 1990, South Korea whom focus to low cost shipbuilding, they focus on product like large tankers, large/ultra large containership, LNG/LPG vessel, offshore drilling rigs and even on cruise ships that it is still part of specialized market in Europe area shipyard product.…”
Section: Global Shipbuilding Conditionmentioning
confidence: 99%
“…Тенденциите в развитието на съвременното корабостроене следват хода на световната икономика и развитието на международните икономически отношения, в частност. (Mickeviciene, 2011). Развитието на глобализационните процеси създава условия за фундаментални изменения в системата, структурата и формирането на индустриални клъстери в сектора.…”
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