Industrial Dynamics and the Evolution of Firms' and Nations' Competitive Capabilities in the World Computer Industry
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TL;DR
The evolution of the computer industry over the long term illustrates many of the broad themes addressed by this book, and highlights the coevolution of technology, market structure, and institutions, and addresses the sources of international competitive advantage.
Abstract
The evolution of the computer industry over the long term illustrates many of the broad themes addressed by this book. In particular, it highlights the coevolution of technology, market structure, and institutions and addresses the sources of international competitive advantage. Since its inception in the early 1950s, the computer industry has been characterized by rapid and sustained technical change, continuous product innovation punctuated by a few major breakthroughs, creation of new uses for computers and new markets, and coexistence between established actors and new entrepreneurial firms. And since the beginning of the industry, one country – the United States – has been the world technological and competitive leader.
