Responding to Structural Industry Changes: A Technological Evolution Perspective

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/4203 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/4203 http://eprints.org/relation/isCoversheetVersionOf https://pure.iiasa.ac.at/id/document/4203 archive 351 disk0/00/00/49/05 2016-01-15 02:07:39 2021-08-27 17:15:40 2016-01-15 02:07:39 monograph show 2 Afuah A.N. Utterback J.M. Responding to Structural Industry Changes: A Technological Evolution Perspective pub iis_ecn iis_mnt iis_sys prog_ted 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, so do industry characteristics, products, and critical success factors. Firms without the right capabilities are forced to exit. Thus an industry's structure, attractiveness and the kinds of capabilities that it needs to succeed, may vary over time suggesting different strategies for each phase. 1996-11 published WP-96-122 WP-96-122 10 public working_paper IIASA, Laxenburg, Austria 31 FALSE info:eu-repo/semantics/book