fortunes. And they are likely to drive change that will dwarf the business and technology revolution we have seen to this point …

, mainly on concentration and technical change and innovation. It has also shown that the consequences of policies may …

As technology is one of the main drives of economy, many studies attempt to open this black box and understand how it … functions. In this paper, I will discuss the benefits of examining technology as a system and emphasis on the linkage between … having an empirical method to identify technology as a system. From public policy point of view there are many benefits …

triggered by technology innovation. When a major technology innovation arrives, a wave of new firms implement the innovation and … enter the market. However, if the innovation complements existing technology, some new entrants will later be forced out as … more and more incumbent firms succeed in adopting the innovation. It is shown that the diffusion of Internet technology …

firms implement the innovation and enter the market. However, if the innovation complements existing technology, some new … driven by the synergy between new and existing technologies. When a major technological innovation arrives, a wave of new … entrants later will be forced out as more and more incumbent firms succeed in adopting the innovation. It is argued that the …

A major consequence of the Internet era is the emergence of complex “platforms” that combine technology and process in …