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Technology Change and the Rise of New Industries

ISBN: 9780804783859 | 0804783853
Format: Hardcover
Publisher: Stanford Univ Pr
Pub. Date: 1/9/2013

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Summary
Technology Change and the Rise of New Industriesexplores why new industries emerge at specific moments in time and in certain countries. Part I shows that technologies which experience "exponential" improvements in cost and performance have a greater chance of becoming new industries. When "low-end" discontinuities incur exponential improvements, they often displace the dominant technologies and become "disruptive" innovations. Part II explores this phenomenon and instances in which discontinuities spawn new industries because they impact highe... MORE


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