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Technology Shocks

Origins, Managerial Responses, and Firm Performance

  • Heinrich M. Arnold

Part of the Contributions to Management Science book series (MANAGEMENT SC.)

Table of contents

  1. Front Matter
    Pages I-XVIII
  2. Heinrich M. Arnold
    Pages 21-41
  3. Heinrich M. Arnold
    Pages 43-57
  4. Heinrich M. Arnold
    Pages 99-134
  5. Heinrich M. Arnold
    Pages 135-171
  6. Heinrich M. Arnold
    Pages 173-176
  7. Back Matter
    Pages 177-264

About this book

Introduction

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?
Here, multivariate analysis is used to find out what management needs to focus on in order to lead companies through the technology shocks. The research for this book builds on in-depth interviews with 100 experts and decision makers from the machine tool industry involved in technology shocks and statistical analysis of detailed quantitative surveys collected from 58 companies. In several instances the results challenge classical teaching of technology management.
Adrian J. Slywotzky - US top selling business author and one of the most distinguished intellectual leaders in business - comments:
"In Technology Shocks, Heinrich Arnold develops a very useful model for analyzing technology shocks, and for focusing on those factors that will enable a company to navigate through these shocks successfully, and repeatedly. Although this work is focused on technology, its thinking has useful implications beyond technology shocks. It provides ideas that managers can use to protect their firms when they are faced with any type of discontinuity, technology-based or not".

Keywords

Business Change Disruptive Technologies Innovation Invention Management Performance Technological Change Technology Management Technology Shocks

Authors and affiliations

  • Heinrich M. Arnold
    • 1
  1. 1.Munich School of Management, Institute for Innovation Research and Technology Management (INNO-tec)University of MunichMunichGermany

Bibliographic information

  • DOI https://doi.org/10.1007/978-3-642-57403-0
  • Copyright Information Physica-Verlag Heidelberg 2003
  • Publisher Name Physica, Heidelberg
  • eBook Packages Springer Book Archive
  • Print ISBN 978-3-7908-0051-7
  • Online ISBN 978-3-642-57403-0
  • Series Print ISSN 1431-1941
  • Buy this book on publisher's site