This paper addresses the issue of catching and convergence at the level of firms, and investigates whether Korean firms tend to converge toward mature firms represented by the US firms in terms of their behavior and performance as well as firm-level innovations systems. It conducts regression...

This paper examines Samsung Electronics' catch-up with Sony in terms of technological capabilities and investigates the various aspects of the change in the two firms' technological characteristics in the course of the catch-up. Using the US patents of the two firms as a basis, this paper finds...