Predictable Cross-Industry Heterogeneity in Industry Dynamics

Kenneth Simons

A chapter in Essays in Honor of Edwin Mansfield, 2005, pp 275-279 from Springer

Abstract: Abstract Technological change affects industry dynamics, by influencing whether an industry experiences a shakeout and attains a concentrated market structure. Decades-long competitive processes are similar for matched industries in different nations, indicating that competitive processes — not just eventual concentration levels — arise systematically from causes that might be traced. The television manufacturing industry in the United States and the United Kingdom is used to illustrate common processes at work.

Keywords: industry evolution; shakeout; technological change; television receivers (search for similar items in EconPapers)
Date: 2005
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-0-387-25022-9_22

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DOI: 10.1007/0-387-25022-0_22

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