Innovation in the automotive sector of the Philippines
The performance of the Philippine automotive industry has steadily improved following the Asian financial crisis. However, relative to the performance of the automotive industry in other countries, the sector has languished. To understand the challenges being faced by the automotive assemblers, as well as parts and components manufacturers, the innovation capability and activities of selected establishments are analysed following the framework developed by J. Bessant. This paper finds that despite having an awareness of the importance of technology and upgrading, some of the automotive firms are not able to translate this awareness into other technology activities.
Industry vs. Services
This chapter examines the difficulties of the country to emerge as an industrial power, despite the rich mineralization of the country, which has given birth to a proliferation of mines and conflicts focusing on the environmental and social consequences of mining. More than the lack of abundant energy reserves, the choices of the economic and political leaders have not been conducive to an industrial takeoff similar to neighboring countries. The steel and garment industries have never been very strong, the automobile cluster of Laguna province is much less impressive than what is seen in Thailand, and the high-tech industry works mostly for foreign companies, in the absence of any major industrial firm in the Philippines in this economic segment. The main sources of wealth are in the valorization of land holdings, as shown by the assets of the richest Filipinos. Real estate and shopping malls are some of the main drivers of the domestic economy. The country, however, has a leading position in the world of Business Processes Outsourcing, especially through call centers concentrated mostly in the southern part of the Manila Metropolitan area.
A LITERATURE REIEW OF TARGET COSTING IN SSCI AND SCI&SCI-EXPANDED INDEXES
Target costing as a cost management and profit planning system is used by many competitive firms since 1970s. Although the concept is simple, the implementation needs an extensive collaboration inside and outside of the organization. In contrast, many organization managers think that target costing is just related with accounting and finance staff. Our study aims to review the literature of this important concept; target costing by examining 41 English articles published in SSCI and SCI&SCI-Expanded between 1985-2008. The study aims to briefly explain the content of each article to show the reader what has accomplished so far.