High-Technology Exports from Newly Industrializing Countries: The Brazilian Commuter Aircraft Industry
研究了巴西国有航空企业Embraer如何通过补贴融资和产品特性，在短短几年内占据美国涡轮螺旋桨飞机市场三分之一份额，并探讨了与受补贴国有企业竞争的影响。
In a few short years, Embraer, the Brazilian state-owned aerospace company, captured a third of the U.S. market for turboprop aircraft with its Bandeirante plane. The aircraft's physical characteristics and price, as well as market conditions created by deregulation, all contributed to its marketing success. However, subsidized financing was also important in helping the plane gain market share. This article explores the broader implications of competing with subsidized state-owned enterprises and examines Embraer's success in competing in a high-technology industry with companies from more developed countries.