 Technological ChangeFrancesco Schiavone ()
Chapter Chapter 1 in Communities of Practice and Vintage Innovation, 2014, pp 1-23 from Springer Abstract: Abstract This chapter summarizes the main stylized facts about technological change. These evidences refer to the main characteristics of the process, the sources of innovation, and the main implications in terms of Research and Development for firms. The main strategic reactions to technological change are presented and discussed: sailing ship effect, shift to new technology, and exit from the market. A multilevel model of analysis is also offered in order to support strategizing and selecting the right option. The chapter ends with a review of the main macro, meso, and micro factors influencing the adoption (or the rejection) of an innovation. The conclusion is that technological, social, and learning factors are often interconnected with each other and draw a complex picture of adoption, diffusion, and substitution. This picture largely affects the impact and speed of technological change. Keywords: Technological change; Creative destruction; Sailing ship effect; Old product revitalization; Diffusion of innovation; Resistance to innovation (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:spbrcp:978-3-319-01902-4_1 Ordering information: This item can be ordered from DOI: 10.1007/978-3-319-01902-4_1 Access Statistics for this chapter More chapters in SpringerBriefs in Business from Springer |
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