Specializing in general purpose technologies as a firm long-term strategy
Raffaele Conti,
Alfonso Gambardella and
Elena Novelli
Industrial and Corporate Change, 2019, vol. 28, issue 2, 351-364
Abstract:
An important legacy of Nathan Rosenberg’s work is the notion of general purpose technologies (GPTs). This paper studies whether and when firms specialize in developing GPTs and trading them in intermediate markets, a strategy we call “specialization in generality.” In particular, we address whether and under what contingencies this is a long-term strategy adopted by firms as they age—against the “common wisdom” that aging firms specialize in downstream product markets.
JEL-codes: M10 O32 (search for similar items in EconPapers)
Date: 2019
References: Add references at CitEc
Citations: View citations in EconPapers (12)
Downloads: (external link)
http://hdl.handle.net/10.1093/icc/dty069 (application/pdf)
Access to full text is restricted to subscribers.
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:oup:indcch:v:28:y:2019:i:2:p:351-364.
Ordering information: This journal article can be ordered from
https://academic.oup.com/journals
Access Statistics for this article
Industrial and Corporate Change is currently edited by Josef Chytry
More articles in Industrial and Corporate Change from Oxford University Press and the Associazione ICC Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK.
Bibliographic data for series maintained by Oxford University Press ().