GENERATIONAL TECHNOLOGICAL-CHANGE - EFFECTS OF INNOVATION AND LOCAL RIVALRY ON PERFORMANCE

Authors
LAWLESS MW ANDERSON PC
Citation
Mw. Lawless et Pc. Anderson, GENERATIONAL TECHNOLOGICAL-CHANGE - EFFECTS OF INNOVATION AND LOCAL RIVALRY ON PERFORMANCE, Academy of Management journal, 39(5), 1996, pp. 1185-1217
Citations number
86
Categorie Soggetti
Management,Business
Journal title
Academy of Management journal → ACNP
ISSN journal
00014273
Volume
39
Issue
5
Year of publication
1996
Pages
1185 - 1217
Database
ISI
SICI code
0001-4273(1996)39:5<1185:GT-EOI>2.0.ZU;2-O
Abstract
We tested the effects of innovation and market complexity on firm perf ormance. Generational technological change-a major advance within a te chnology regime-fosters the emergence of niches and local rivalry. Fin dings hom the U.S. microcomputer industry between 1982 and 1991 sugges t 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.