Investigating technological policy and market regimes in CoPS industries: Gas Turbines Industry

Abstract

Different sectors are recognized by their distinct technological, policy and market regimes. These differences are highlight in comparison of complex product systems (CoPS) with mass-produced consumer goods industries. This paper aims at investigating technological, policy and market regimes of Iran’s gas turbine industry through employing qualitative approach and case study strategy. Additionally, in order to highlight the differences between technological, policy and market regimes of CoPS industries with mass-produced consumer goods industries, a comparative study was conducted between Iran’s gas turbine industry and six Korean industries. Our findings show that gas turbine industry as a CoPS industry has different technological, policy and market regimes in comparison with mass-produced consumer goods. This finding is important because these differences can have a significant impact on learning and catch-up pattern and windows of opportunities in this industry.

Keywords

• complex product systems
• technological regime
• policy regime
• market regime
• gas turbines
• industrial policy