Modeling Industry Life Cycles for Behavioral Research in Management and Economics

1998 ◽  
Author(s):  
Gary Jeffrey Summers
2000 ◽  
Vol 04 (01) ◽  
pp. 51-75 ◽  
Author(s):  
CHRIS HENDRY ◽  
JAMES BROWN ◽  
ROBERT DEFILLIPPI

It has long been recognised that the innovative and entrepreneurial capabilities of the small medium-sized enterprise (SME) sector can make an important contribution to the commercialisation of emerging technologies. In their role as centres of expertise and originators of new technical knowledge, universities are vital contributors to this process. Understanding the nature of relationships between universities and SMEs is therefore important, particularly in view of the fact that current theories on regional development suggest that concentrations of SMEs in certain regions, clustered around one or more university centres, can be effective locations for accelerating this process. As a counter to regional development theory, an alternative viewpoint is that the way emerging industries develop is affected more by the dynamics of industry life-cycles. The opto-electronics sector, which is characterised by regional clusters in the UK and USA, offers lessons for how SMEs and universities interact against a backdrop of these theories.


2015 ◽  
Vol 7 (1) ◽  
pp. 16-41 ◽  
Author(s):  
Maija Halonen ◽  
Juha Kotilainen ◽  
Markku Tykkyläinen ◽  
Eero Vatanen

Abstract The article aims to show how local industry life cycles impact the development of Finnish resource-based rural towns. This study reveals five long-term and overlapping industry cycles which were based on natural resources, assembly industries and service production. In general, the cycles have shortened over time. Transitions from cycle to cycle were enabled by the phases of resilience, which were highly dependent on political and economic processes at different scales. However, the political interventions of the last decades were unable to compensate for the disadvantages in competitiveness of this remote area and lay sustainable foundations for new industries. In the long run, the only exception has been the forest-related processing industry which has a capacity to renew its own operations and adapt to changing market situations. The results demonstrate the high significance of absolute advantage in rural development


Author(s):  
Paul Stoneman ◽  
Eleonora Bartoloni ◽  
Maurizio Baussola

This chapter analyses data on indicators of the prevalence of product innovation. Analysis of survey data indicated that, in the three years before the 2012 CIS survey, about 25 per cent of all firms in the twenty-seven EU member states undertook product innovation. New-to-firm was more frequent than new-to-market. Differences across sectors, regions, and firm size are analysed. Further international comparisons are made. This analysis is supplemented by consideration of the extent of new product launches in a series of different industries using other data. It is observed that many new products are not significantly different from existing products. A prior study of barcode data indicates that over a nine-year period there was a 78 per cent entry rate for new products and a 72 per cent exit rate. The possibility of industry life cycles to which product innovation activity may be linked is also discussed.


2013 ◽  
Vol 2013 (1) ◽  
pp. 15803
Author(s):  
Antti Sihvonen ◽  
Juho-Petteri Huhtala ◽  
Henrik Sievers ◽  
Henrikki Tikkanen ◽  
Pekka Mattila

2012 ◽  
Vol 18 (6) ◽  
pp. 858-869 ◽  
Author(s):  
John Rice ◽  
Tung-Shan Liao ◽  
Nigel Martin ◽  
Peter Galvin

AbstractStrategic alliance research emerged to explain alliance formation based upon transaction cost minimisation and opportunism reduction. Later research, and early research from Japan, emphasised the role of alliances in facilitating the transfer of knowledge between organisations. Most recently, alliance research has focussed on the development of shared, potentially idiosyncratic, resource stocks. This paper builds on this recent research, testing the proposition that alliances are important vehicles allowing firms to access or acquire external resources, hence shoring up capability gaps and building new capabilities as required during firm, product and industry life cycles. Using a sample from Australian manufacturing small-and-medium-sized enterprises, the paper reveals that alliances employed by firms can be viewed as initiatives to either fill a gap in the firm's resource stock or to exploit a perceived opportunity in its operational and strategic environment.


2012 ◽  
Vol 18 (6) ◽  
pp. 858-869 ◽  
Author(s):  
John Rice ◽  
Tung-Shan Liao ◽  
Nigel Martin ◽  
Peter Galvin

AbstractStrategic alliance research emerged to explain alliance formation based upon transaction cost minimisation and opportunism reduction. Later research, and early research from Japan, emphasised the role of alliances in facilitating the transfer of knowledge between organisations. Most recently, alliance research has focussed on the development of shared, potentially idiosyncratic, resource stocks. This paper builds on this recent research, testing the proposition that alliances are important vehicles allowing firms to access or acquire external resources, hence shoring up capability gaps and building new capabilities as required during firm, product and industry life cycles. Using a sample from Australian manufacturing small-and-medium-sized enterprises, the paper reveals that alliances employed by firms can be viewed as initiatives to either fill a gap in the firm's resource stock or to exploit a perceived opportunity in its operational and strategic environment.


2001 ◽  
Vol 19 (7) ◽  
pp. 1023-1052 ◽  
Author(s):  
Michael Horvath ◽  
Fabiano Schivardi ◽  
Michael Woywode

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