This article uses the music industry to demonstrate a model of technological change that explains the sources and timing of technological discontinuities and dominant designs. The process by which firms translate customer needs into products can be represented in terms of an interaction between...

This paper uses the semiconductor industry to describe a model of technological change that sheds light on the mechanism by which many technological discontinuities occur. The model combines two arguments: (1) incremental improvements in a system's components impact on the performance and design...

This paper uses a typology of industries to summarize and contrast the challenges involved with industry formation and to examine why specific industries were formed in some countries before other ones. The formation of most new industries depends on the introduction of products that provide a...

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 describes a model of new industry formation that is based on evolutionary theories of technical change. It represents the origins of new network industries as the interaction between multiple technological trajectories that are specific to a particular technology or broadly defined...

This paper considers how the mobile phone industry is changing from a value chain to a value network using the Japanese market as an example. Value networks involve a larger number of firms, a more complex set of relationships between them, and agreements on a greater number of interface...

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...