Demand, innovation, and the dynamics of market structure: The role of experimental users and diverse preferences

The history of a number of industries is marked by a succession of eras, associated with different dominant technologies. Within any era, industry concentration tends to grow. Particular eras are broken by the introduction of a new technology which, while initially inferior to the established one in...

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Bibliographic Details
Published in:Journal of evolutionary economics 2007-08, Vol.17 (4), p.371-399
Main Authors: Malerba, Franco, Nelson, Richard, Orsenigo, Luigi, Winter, Sidney
Format: Article
Language:English
Subjects:
Companies
Computer industry
Demand
Demand functions
Economic concentration
Economic models
Evolutionary economics
Experimental economics
Hypotheses
Innovations
Market structure
Markets
New technology
Preferences
Studies
Succession
Technical efficiency
Technological change
Technology
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