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Corporate Vision and Rapid Technological Change by Jas Gill,Peter Swann Pdf
This book examines the role of strategic visions of future technological development in the evolution of market structure. This perspective offers a novel way of resolving some of the puzzles that have arisen in understanding the effects of rapid technology change and market structure. Strategic visions are seen to play a central role in corporate strategy, and industrial policy. The authors develop some theoretical tools to study these questions, and present 5 case studies of high technology industries, with conclusions for policy. The book will be of interest to industrial economists concerned with the effects of rapid technological change, and to those interested in technology management. It will also be of interest to economists and others working in high technology industries, and in government.
Technology, Market Structure and Internationalization by Nagesh Kumar,N. S. Siddharthan Pdf
Technology, Market Structure and Internationalization discusses the domestic and external factors that impinge upon the process of technological capability building in developing countries and draws policy implications. Specifically, it examines the interaction between technological effort in developing countries. Providing fresh insights, this volume will be of interest to researchers in development economics as well as to those involved with the creation of policy in developing countries.
Technology and Market Structure by John Sutton Pdf
John Sutton sets out a unified theory that encompasses two major approaches to studying market, while generating a series of novel predictions as to how markets evolve. Traditionally, the field of industrial organization has relied on two unrelated theories—the cross-section theory and the growth-of-firms theory—to explain cross-industry differences in concentration and within-industry skewness. The two approaches are based on very different mathematical structures and few researchers have attempted to relate them to each other. In this book, John Sutton unifies the two approaches through a theory that rests on three simple principles. The first two, a "survivor principle" that says that firms will not pursue loss-making strategies, and an "arbitrage principle" that says that if a profitable opportunity is available, some firm will take it, suffice to define a set of possible outcomes. The third, the "symmetry principle," says that the strategy used by a new entrant into any submarket depends neither on the entrants identity nor on its history in other submarkets. This allows researchers to bring together the roles of strategic interactions and of independence effects. The result is that the considerations motivating the cross-section tradition and those motivating the growth-of-firms tradition both drop out within a single game-theoretic model. This book follows Sutton's Sunk Costs and Market Structure, published by MIT Press in 1991.
Firm Size, Innovation, and Market Structure by Mariana Mazzucato Pdf
The book begins by reviewing the connection between firm size, innovation and market structure from a theoretical and an empirical point of view, with emphasis on the 'complexity' that defines this relationship. It then goes on to build an evolutionary model which explores different Schumpeterian propositions regarding the positive and negative feedback between firm size and innovation as well as the role of idiosyncratic random events on industry market structure. The concluding chapter uses 100 years in the history of the US automobile industry to explore the relationship between market share instability and stock price volatility and the degree to which this relationship is connected to industry specific factors. This innovative new book will prove invaluable to researchers, lecturers and scholars of industrial organisation, technology and market structure.
Sunk Costs and Market Structure by John Sutton Pdf
Sunk Costs and Market Structure bridges the gap between the new generation of game theoretic models that has dominated the industrial organization literature over the past ten years and the traditional empirical agenda of the subject as embodied in the structure-conduct-performance paradigm developed by Joe S. Bain and his successors.
Organization and Strategy in the Evolution of the Enterprise by Giovanni Dosi,Franco Malerba Pdf
This book examines the role of competence, organization and strategies of firms in industrial dynamics linking economic, management and historical perspectives. In the first part of the book, a series of economic and managerial contributions discuss the concepts, dimensions and effects of routines, competence, adaptation, learning, organizational structure and strategies in the evolution of industrial enterprises at the theoretical and empirical levels. In the second part of the book, a series of historical papers examine these issues in a longterm perspective for the United States, Japan and several European countries.
Technology, Market Structure and Internationalization by Nagesh Kumar,N. S. Siddharthan Pdf
Technology, Market Structure and Internationalization discusses the domestic and external factors that impinge upon the process of technological capability building in developing countries and draws policy implications. Specifically, it examines the interaction between technological effort in developing countries. Providing fresh insights, this volume will be of interest to researchers in development economics as well as to those involved with the creation of policy in developing countries.
The FinTech Evolution: Technology Push, Market Pull Dynamics, and Inertia by Tatja Karkkainen Pdf
This work serves as a base for foundational knowledge of the taxonomy, vocabulary and concepts in the interdisciplinary field of financial technology (FinTech). It is specifically written for innovation management in financial services. For this end, it is integral to inspect the evolution of FinTech through technology push, market pull dynamics, and inertia because they play a crucial role in shaping the direction and rate of innovation. Technology push relates to the development and introduction of new technologies that drive innovation in the financial industry. Market pull dynamics, on the other hand, relate to the demand for new financial products and services that arises from changing consumer needs and preferences. The interaction between market pull and technology push can be described as a feedback loop, which can be then affected by inertia. Inertia can be described as resistance to change that is often present in consumers, which can hinder the creation of new technologies and innovations. In this sense, the consumer inertia can affect the relationship between technology push and market demand making it difficult for new financial technology applications to gain traction if they are not seen as offering significant improvements. By understanding the interplay between these three factors, it is possible to gain insight into the current state and future direction of the FinTech industry, and from there Financial Services Industry.
Innovation in Technology, Industries, and Institutions by Yūichi Shionoya,Mark Perlman Pdf
In this volume a group of distinguished scholars take up the familiar Schumpeterian theme of innovation. They cast it in a new light by emphasizing not technology and innovation in particular industries but rather innovation in institutions and organizational structures. They thus cumulatively argue that innovation promotes not only industry but the evolution of society as a whole.
Predicting Technology: A Practical Guide For Technology Managers and Marketing Professionals To Identify Future Market Opportunities by Thomas E. Vass Pdf
Part of the theory about predicting the direction of technology in this book builds upon work done by Clayton Christensen, a professor of business at Harvard University. Christensen has written many books about how multinational corporations are affected by a topic called "disruptive technology."
Acquiring, Adapting and Developing Technologies by Kwan S. Kim,Fumio Maki,Ryoshin Minami,Joung-hae Seo Pdf
Economic progress requires technological development, which in turn depends on a country's social capacity to acquire, assimilate, and develop new technologies. Focusing on the evolution of Japan's economy from the Meiji Restoration to the present day, this volume provides an authoritative account, firmly grounded in theoretical and empirical analysis, of the country's attempts to generate the necessary social capacity for technological innovation and absorption. Successive chapters address the specific experiences of a number of key Japanese industries during this process. Each industrial case study is written by an acknowledged expert in the field and presents material of significant interest to specialists in economic development in a form that is also accessible to the nonspecialist. The book concludes with a summary of useful lessons, variously applicable to countries at all the different stages of industrialization.
Next generation mobile telecommunications networks: challenges to the Nordic ICT industries by Anonim Pdf
In international comparisons the Nordic countries tend to stand out as major producers and users of information and communication technology (ICT), especially in the field of mobile telecommunications. There is a common understanding the Nordic countries were particularly well-placed to enter the booming telecommunications industry of the 1980s due to a combination of advanced demand, institutional and societal set-ups that characterize these countries. But this e-book suggests that the technological and business setting of the Nordic mobile communications is undergoing fundamental changes wit.
The Evolution of the US Airline Industry by Eldad Ben-Yosef Pdf
For over three decades the airline industry has continued to maintain a high profile in the public mind and in public policy interest. This high profile is probably not surprising. There does seem to be something inherently newsworthy about airplanes and the people and companies that fly them. The industry was one of the first major industries in the United States to undergo deregulation, in 1978. It thereby transitioned from a closely regulated sector (the former Civil Aeronautics Board tightly controlled everyt thing from prices to routes to entry) to one that is largely market oriented. The incumbent carriers transformed themselves from the point-to-point operators that the CAB had required to the hub-and-spokes structures that took better advantage of their network characteristics. Further, they transformed their pricing from the quite simple structures that the CAB had required to the highly differentiated/segmented pricing structures (“yield management”) that reached an apogee in the late 1990s. Some ca arriers, like American, Delta, and United, were better at this transition; others, like Pan American, TWA, and Eastern, were not. What the incumbent carriers did not do, however, was deal with their costly wage and work rules structures, which were an enduring legacy of their regulatory period. This legacy, when combined with the high-fare end of the yield-management pricing structure, has made them vulnerable to entry by new carriers with lower cost structures.
Innovation, Economics and Evolution by Peter H. Hall Pdf
Explores how changing technology can influence economic systems and vice versa. This text studies the impact of innovation on inter-firm competition at the industry level; technological progress and long run growth; and the economics of the firm as it relates to adopting innovations.