Exploring industry dynamics and interactions

Michèle Routley, Robert Phaal and David Probert

Technological Forecasting and Social Change, 2013, vol. 80, issue 6, 1147-1161

Abstract: Within strategic technology management and innovation, often stakeholders extrapolate past industry dynamics, trends and patterns into the future. One frequently used concept is that of ‘lifecycles’ — an analogy of a sequence of stages encountered by living organisms. Lifecycle terms – such as technology, product, industry – are frequently used interchangeably and without clear definition. Within the interdisciplinary context of technology management and forecasting, this juxtaposition of dynamics can create confusion rather than simplification.

Keywords: Lifecycle; Industry dynamics; Technology system (search for similar items in EconPapers)
Date: 2013
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:tefoso:v:80:y:2013:i:6:p:1147-1161

DOI: 10.1016/j.techfore.2012.04.015

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