Technology Change and the Rise of New Industries explores why new industries emerge at specific moments in time and in certain countries. Part I shows that technologies which experience "exponential" improvements in cost and performance have a greater chance of becoming new industries. When...

Purpose – The purpose of this paper is to analyze standard setting and how a critical mass of users emerged in an industry in which multiple interface standards co‐exist and a critical mass of users was created multiple times. Design/methodology/approach – This paper is based on research...

Presents a model that hypothesizes relationships between logistical complexity and both the importance of JIT manufacturing and the most appropriate organization structure for implementing JIT manufacturing. Logistical complexity can be defined in terms of the number of manufacturing steps or...

This paper empirically examines 13 technologies in which significant cost and performance improvements occurred even while no commercial production occurred. Since the literature emphasizes cost reductions through increases in cumulative production, this paper explores cost and performance...

This paper addresses the formation of industries that involve direct network effects. Using two concepts from the literature on network effects (critical mass and inverse demand curves) and descriptive data from the formation of five telecommunication-related industries, this paper argues that a...

This paper describes the evolution of the mobile Internet in terms of three concepts: the startup problem, standard setting, and mental models. Products in which there is little or no value to the first users due to the existence of strong direct (e.g., telephone) or indirect (complementary...