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Predictable Cross-Industry Heterogeneity in Industry Dynamics

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Abstract

Technological change affects industry dynamics, by influencing whether an industry experiences a shakeout and attains a concentrated market structure. Decades-long competitive processes are similar for matched industries in different nations, indicating that competitive processes — not just eventual concentration levels — arise systematically from causes that might be traced. The television manufacturing industry in the United States and the United Kingdom is used to illustrate common processes at work.

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© 2005 Springer Science+Business Media, Inc.

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Simons, K.L. (2005). Predictable Cross-Industry Heterogeneity in Industry Dynamics. In: Link, A.N., Scherer, F.M. (eds) Essays in Honor of Edwin Mansfield. Springer, Boston, MA. https://doi.org/10.1007/0-387-25022-0_22

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