Generational technological change: Effects of innovation and local rivalry on performance

• 成果类型: Article
• 署名作者: Lawless, MW; Anderson, PC
• 署名单位: Dartmouth College; Duke University
• 刊物名称: ACADEMY OF MANAGEMENT JOURNAL
• ISSN/ISSBN: 0001-4273
• DOI: 10.5465/256996
• 发表日期: 1996
• 页码: 1185-1217
• 关键词: STRATEGIC GROUP MEMBERS; organizational-change; PUNCTUATED EQUILIBRIUM; empirical-analysis; industry; DYNAMICS; FAILURE; TRANSFORMATION; environments; COMPETITION

摘要

We tested the effects of innovation and market complexity on firm performance. Generational technological change-a major advance within a technology regime-fosters the emergence of niches and local rivalry. Findings hom the U.S. microcomputer industry between 1982 and 1991 suggest accelerated markets reward innovativeness that differentiates firms within a niche but not across niches. Changing niches confers a short-term penalty. Strong performers adopt new technology quickly, without changing niches.