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Advanced Manufacturing Technology Investment Patterns

Advanced Manufacturing Technology Investment Patterns This study presents a longitudinal analysis of patterns of investment in advanced manufacturing technologies (AMT) and financial performance. Investments in AMT from fifty manufacturing plants in the metalworking industries are examined. Data was collected via mail surveys administered to fifty manufacturing plants at three separate data collection times: 1994, 1996, and 1998. This study seeks to fill a void in the area of technology management, which is comprised primarily of cross‐sectional studies that do not address the dynamic nature of investments in technology. The results suggest differences in the evolutionary profile of several technologies, including e‐mail, bar coding, robotics, and computer aided design. Further tests indicate that there is a positive relationship between many of these technologies and plant financial performance. Finally, the longitudinal data suggest that there is approximately a two‐year time lag between investment in technology and performance improvements. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png American Journal of Business Emerald Publishing

Advanced Manufacturing Technology Investment Patterns

American Journal of Business , Volume 16 (1): 6 – Jan 1, 2001

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References (17)

Publisher
Emerald Publishing
Copyright
Copyright © 2001 MCB UP Ltd. All rights reserved.
ISSN
1935-5181
DOI
10.1108/19355181200100002
Publisher site
See Article on Publisher Site

Abstract

This study presents a longitudinal analysis of patterns of investment in advanced manufacturing technologies (AMT) and financial performance. Investments in AMT from fifty manufacturing plants in the metalworking industries are examined. Data was collected via mail surveys administered to fifty manufacturing plants at three separate data collection times: 1994, 1996, and 1998. This study seeks to fill a void in the area of technology management, which is comprised primarily of cross‐sectional studies that do not address the dynamic nature of investments in technology. The results suggest differences in the evolutionary profile of several technologies, including e‐mail, bar coding, robotics, and computer aided design. Further tests indicate that there is a positive relationship between many of these technologies and plant financial performance. Finally, the longitudinal data suggest that there is approximately a two‐year time lag between investment in technology and performance improvements.

Journal

American Journal of BusinessEmerald Publishing

Published: Jan 1, 2001

Keywords: Advanced manufacturing technology; Investment patterns; Technology management; Financial performance

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