?url_ver=Z39.88-2004&rft_val_fmt=info%3Aofi%2Ffmt%3Akev%3Amtx%3Adc&rft.relation=https%3A%2F%2Fpure.iiasa.ac.at%2Fid%2Feprint%2F4905%2F&rft.title=Responding+to+Structural+Industry+Changes%3A+A+Technological+Evolution+Perspective&rft.creator=Afuah%2C+A.N.&rft.creator=Utterback%2C+J.M.&rft.description=We+argue+that+the+search+for+a+dynamic+theory+of+strategy+and+for+a+link+between+the+product-market+and+resource-based+views+may+be+incomplete+without+an+exploration+of+the+evolution+of+the+technology+that+underlies+products+and+heterogeneous+firm+capability.+As+technology+evolves%2C+so+do+industry+characteristics%2C+products%2C+and+critical+success+factors.+Firms+without+the+right+capabilities+are+forced+to+exit.+Thus+an+industry's+structure%2C+attractiveness+and+the+kinds+of+capabilities+that+it+needs+to+succeed%2C+may+vary+over+time+suggesting+different+strategies+for+each+phase.&rft.publisher=WP-96-122&rft.date=1996-11&rft.type=Monograph&rft.type=NonPeerReviewed&rft.format=text&rft.language=en&rft.identifier=https%3A%2F%2Fpure.iiasa.ac.at%2Fid%2Feprint%2F4905%2F1%2FWP-96-122.pdf&rft.identifier=++Afuah%2C+A.N.+%26+Utterback%2C+J.M.++(1996).++Responding+to+Structural+Industry+Changes%3A+A+Technological+Evolution+Perspective.+++IIASA+Working+Paper.+IIASA%2C+Laxenburg%2C+Austria%3A+WP-96-122+++++