Innovation, Technology and Hypercompetition

Innovation, Technology and Hypercompetition PDF Author: Hans-Werner Gottinger
Publisher: Routledge
ISBN: 1134147244
Category : Business & Economics
Languages : en
Pages : 306

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Book Description
In an increasingly technologically-led century the striking pattern emerging in firms’ innovative activities is their competition for a technological leadership position in situations best described as races. A 'race' is an interactive pattern characterized by firms constantly trying to get ahead of their rivals, or trying not to fall too far behind. In high technology industries, where customers are willing to pay a premium for advanced technology, leadership translates into increasing returns in the market through positive network externalities. Innovation, Technology and Hypercompetition synthesizes and unifies the various methodological approaches for the industry-specific analysis of fast changing competitive positions driven by relentless innovation (hypercompetition). Game-theoretic and agent-based tools are applied to competitive industries in various market settings and in a global context. Rivalry of this sort is seen to extend to the catching up and forging ahead of regions and nations. In this revealing volume, Hans-Werner Gottinger brings his expert eye to this issue and employs various tools from economic theory to attain this end. He provides the behavioural foundations for what is driving globalization, in this, a volume of interest to academic economists, legal experts, management consultants and practitioners alike.

Innovation, Technology and Hypercompetition

Innovation, Technology and Hypercompetition PDF Author: Hans-Werner Gottinger
Publisher: Routledge
ISBN: 1134147244
Category : Business & Economics
Languages : en
Pages : 306

Get Book Here

Book Description
In an increasingly technologically-led century the striking pattern emerging in firms’ innovative activities is their competition for a technological leadership position in situations best described as races. A 'race' is an interactive pattern characterized by firms constantly trying to get ahead of their rivals, or trying not to fall too far behind. In high technology industries, where customers are willing to pay a premium for advanced technology, leadership translates into increasing returns in the market through positive network externalities. Innovation, Technology and Hypercompetition synthesizes and unifies the various methodological approaches for the industry-specific analysis of fast changing competitive positions driven by relentless innovation (hypercompetition). Game-theoretic and agent-based tools are applied to competitive industries in various market settings and in a global context. Rivalry of this sort is seen to extend to the catching up and forging ahead of regions and nations. In this revealing volume, Hans-Werner Gottinger brings his expert eye to this issue and employs various tools from economic theory to attain this end. He provides the behavioural foundations for what is driving globalization, in this, a volume of interest to academic economists, legal experts, management consultants and practitioners alike.

Innovation, Technology and Hypercompetition

Innovation, Technology and Hypercompetition PDF Author: Hans-Werner Gottinger
Publisher: Taylor & Francis
ISBN: 1134147252
Category : Business & Economics
Languages : en
Pages : 305

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Book Description
Gottinger's previous book did very well in terms of sales The Studies in Global Competition series is fast becoming one of our leading outlets for new research Author can draw on Asian and European data as a German national based in Japan

Innovation, Technology and Hypercompetition

Innovation, Technology and Hypercompetition PDF Author: Hans-Werner Gottinger
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 312

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Book Description
In this revealing volume, Hans-Werner Gottinger brings his expert eye to the issue of hypercompetition in high technology industries, and employs various tools from economic theory to attain this end.

Technology, Innovations and Growth

Technology, Innovations and Growth PDF Author: J. K. Sengupta
Publisher: Springer
ISBN: 0230295258
Category : Business & Economics
Languages : en
Pages : 298

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Book Description
This book provides detailed empirical analysis of countries in Asia to examine various dynamic models that incorporate the impact of technology and innovations on the industry evolution and overall economic growth.

Theory of Innovation

Theory of Innovation PDF Author: Jati Sengupta
Publisher: Springer Science & Business Media
ISBN: 3319021834
Category : Business & Economics
Languages : en
Pages : 161

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Book Description
The current economic theory of innovation mainly analyses the technology factor and its impact on economic growth. In today's world, growth in information technology and knowledge of new ideas has altered the business paradigm dramatically. Modern economies have undergone a dynamic shift from material manufacturing to a new information technology model with research and development (R&D) and human capital. Through information and communications technology efficient information usage has achieved substantial productivity gains through learning by doing and incremental innovations. The present volume discusses this new paradigm in terms of both theory and industry applications, including Schumpeter in his innovation model and the emphasis on new innovations replacing the old. Growth of business networking and R&D consortium have dramatically helped the modern business to reduce their unit costs and improve efficiency. This volume presents some new models emphasizing knowledge sharing and R&D cooperation. Rapid growth in recent times in some south Asian countries have been cited as growth miracles are largely caused by knowledge spillover and learning by doing, and this volume also investigates the role of incremental innovations. With a strong focus and extension of the current theory of innovation and industry growth experiences of both the US and Asian countries, this book will be of interest to MBA and graduate students in economics, innovation management, and applied industrial economics.

Coopetition Strategy

Coopetition Strategy PDF Author: Giovanni B. Dagnino
Publisher: Routledge
ISBN: 1135219605
Category : Business & Economics
Languages : en
Pages : 330

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Book Description
This innovative book portrays the state-of-the-art of coopetition strategy regarded as a compelling mindset to exploit entirely the potential of actors’ interdependencies (firms, governments, suppliers, customers, scientists and partners) in today’s global scenarios. It provides the rudiments for navigating an exploration journey into a virtually new and emergent management subfield. This volume presents three key distinctive features: it is the first attempt that delves systematically and rigorously into coopetition strategy and coopetitive behaviour; it clearly elucidates the contribution of coopetition to the advancement of strategic management and managerial practice; it is the outcome of the collective brains of several scholars, with diverse geographical roots and backgrounds, who cultivate original research on co-opetition strategy from a variety of perspectives (economic, managerial, political) and multiple methods (theory building, game-theoretical, experimental and inductive case-based inquiries). Looking into this volume, the reader will realize that, while the topic is at the beginning of its lifecycle, coopetition strategy has touched an important crossroads which solicits a more comprehensive and systematic assessment. If mindfully formulated and implemented, this hybrid strategic option is able to increase returns and generate value for shareholders, entrepreneurs, managers and coopetitors.

Evolution of Competition Laws and their Enforcement

Evolution of Competition Laws and their Enforcement PDF Author: Pradeep S Mehta
Publisher: Routledge
ISBN: 1136598480
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
This edited volume identifies the various country specific factors that warrant changes in the design and implementation of competition laws. The book covers case studies of nine countries of differing sizes and at varying stages of economic development, that have at one stage or another repealed extant competition laws for new ones, and seeks to examine the motivations and contexts under which this was done. The countries examined include the Czech Republic, Hungary, India, Ireland, Poland, Serbia, South Africa, Tanzania and the UK. Tracing the evolution of competition regimes in the countries covered, the book provides lessons for countries still in the process of forming their competition regimes. The contributions show that the road to strong competition regimes is seldom smooth, and that social, economic and political factors in the country hugely impact on the pace and effectiveness of competition reforms. The volume also addresses the issue of when the development of competition policies and laws can be seen to be in conflict with national development strategies.

Hypercompetition

Hypercompetition PDF Author: Richard A. D'aveni
Publisher: Simon and Schuster
ISBN: 1439122636
Category : Business & Economics
Languages : en
Pages : 350

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Book Description
General Motors and IBM have been battered to their cores. Jack Welch, the chairman of General Electric, called the frenzied competition of the 1980's "a white knuckle decade" and said the 1990s would be worse. In this pathbreaking book that will define this new age of "hypercompetition," Richard D'Aveni reveals how competitive moves and countermoves escalate with such ferocity today that the traditional sources of competitive advantage can no longer be sustained. To compete in this dynamic environment, D'Aveni argues that a company must fundamentally shift its strategic focus. He constructs a brilliant operational model that shows how firms move up "escalation ladders" as advantage is continually created, eroded, destroyed, and recreated through strategic maneuvering in four arenas of competition. Using this "Four Arena" analysis, D'Aveni explains how competitors engage in a struggle for control by seeking leadership in the arenas of "price and quality," "timing and know-how," "stronghold creation/invasion," and "deep pockets." Winners set the pace in each of these four competitive battlegrounds. Using hundreds of detailed examples from hypercompetitive industries such as computers, software, automobiles, airlines, pharmaceuticals, toys and soft drinks, D'Avenie demonstrates how hypercompetitive firms succeed in dynamic markets by disrupting the status quo and creating a continuous series of temporary advantages. They seize the initiative, D'Aveni explains, by employing a set of strategies he calls the "New 7-S's" Superior Stakeholder Satisfaction, Strategic Soothsaying, Speed, Surprise, Shifting the Rules of Competition, Signaling Strategic Intent, and Simultaneous and Sequential Thrusts. Paradoxically, firms must destroy their competitive advantages to gain advantage, D'Aveni shows. Long-term success depends not on sustaining an advantage through a static, long-term strategy, but instead on formulating a dynamic strategy for the creating, destruction, and recreation of short-term advantages. America must embrace the new reality of hypercompetition, D'Aveni concludes in a compelling analysis of the potential chilling effect of American antitrust laws on competitiveness. This masterful book, essentially an operating manual of strategy and tactics for a new era, will be required reading for managers, planners, consultants, academics, and students of hypercompetitive industries.

Competing for Knowledge

Competing for Knowledge PDF Author: Robert Huggins
Publisher: Routledge
ISBN: 1134187920
Category : Business & Economics
Languages : en
Pages : 233

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Book Description
As yet, little is understood about how the knowledge-based economy differs from the old, traditional economy. Digesting up-to-date, cross-disciplinary thinking, this significant volume provides an account of the transformation of advanced economies.

The Communications Industries in the Era of Convergence

The Communications Industries in the Era of Convergence PDF Author: Catherine E. A. Mulligan
Publisher: Routledge
ISBN: 1136622527
Category : Business & Economics
Languages : en
Pages : 408

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Book Description
This book provides a unique view of the evolution of these industries, drawing out how technology and economic forces have worked together to create platforms around which different companies interact. Through identifying the key aspects of this evolution over the past decades, the author is able to put forward a unique view of the emerging industrial structure of the communications industries – the formation of an Information-Driven Global Commodity Chain, one that holds both incredible promise and challenges for our world.