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Technology Shocks: Origins, Managerial Responses, and Firm Performance
Paperback
Series: Contributions to Management Science
EconomicsManagementTechnology & Engineering
ISBN13: 9783790800517
Publisher: Physica-Verlag
Published: Jul 7 2003
Pages: 264
Weight: 0.90
Height: 0.60 Width: 6.14 Depth: 9.21
Language: English
Radical technological changes (so-called technology shocks) frequently disrupt the competitive market structure. New entrants appear, industries need to be redefined, incumbents lose their positions or vanish completely. Fast moving industries - like the often quoted example of the semiconductor industry - have preferably been analyzed for these phenomena. But do the findings hold for industries with longer development cycles like the global machine tool industry?
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