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Scholars studying innovation have proposed several different models of the adoption process. This essay identifies two broad dimensions which differentiate the principal models: the strength of the evidence regarding an innovation’s efficacy and the extent of increasing returns. In this essay,...
Some of the world’s leading suppliers are developing strategies to move into the provision of innovative combinations of products and services as ‘high-value integrated solutions’ tailored to each customer’s needs. Rather than simply ‘moving downstream’ into services (as much of the...
Our objective was to integrate a sociological and an economic theory of market partitioning into a unifying framework: Glenn Carroll’s resource-partitioning and John Sutton’s sunk cost theories, respectively. In so doing, two important theory fragments from organizational ecology and...
This paper analyses the development and diffusion of technologies that utilize renewable energy sources in Germany, Sweden and the Netherlands. The analysis enlarges the life cycle model of industry evolution to one where the focus is on the formation and evolution of new technological systems....
Within the diversification literature the concept of corporate coherence has been referred to as the ability of the firm to generate and explore synergies of various types. However, the empirical studies have insofar provided only approaches taking explicitly into account the product/market side...
Most value chain analyses remain at an abstract level, underplaying political economy issues and the importance of local context. The paper analyses the manner in which global automotive forces (the dominance of the German assemblers and their multinational corporation first-tier suppliers)...
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