Dominance by birthright: Entry of prior radio producers and competitive ramifications in the US television receiver industry

• 成果类型: Article
• 署名作者: Klepper, S; Simons, KL
• 署名单位: Carnegie Mellon University; University of London; Royal Holloway University London
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/1097-0266(200010/11)21:10/11<997::AID-SMJ134>3.0.CO;2-O
• 发表日期: 2000
• 页码: 997-1016
• 关键词: entry; Firm capabilities; industry evolution

摘要

The U.S. television receiver industry evolved to be an oligopoly dominated by firms that produced radios prior to TVs. Data an the experience of all U.S. radio manufacturers and on the length of survival and rate of innovation of all U.S. TV entrants are collected to analyze how radio experience influenced entry, firm performance, and the evolution of market structure in the TV industry. Consistent with a model of the evolution of an oligopolistic industry, more experienced radio firms were more likely to enter TV manufacturing, had higher innovation rates, and in turn had greater marker shares and longer survival, suggesting that firm capabilities and the evolution of the TV industry's market structure were critically shaped by firms' experience prior to entry. Copyright (C) 2000 John Wiley & Sons, Ltd.