Schumpeterian incumbents and industry evolution

被引:19
|
作者
Buenstorf, Guido [1 ,2 ,3 ]
机构
[1] Univ Kassel, Dept Econ, Nora Platiel Str 5, D-34109 Kassel, Germany
[2] Univ Kassel, INCHER Kassel, Nora Platiel Str 5, D-34109 Kassel, Germany
[3] Leibniz Inst Econ Res IWH, Halle, Germany
关键词
Incumbents; Innovation; Diversification; Spin-offs; Acquisitions; Basic research; AGGREGATE PRODUCTIVITY DEVELOPMENT; SUBMARKET DYNAMICS; ENTRY; US; PERFORMANCE; INNOVATION; KNOWLEDGE; CAPABILITIES; GROWTH; FIRMS;
D O I
10.1007/s00191-015-0423-7
中图分类号
F [经济];
学科分类号
02 ;
摘要
This essay explores the role of established firms in the evolution of innovative industries. Both direct and indirect contributions are discussed. Besides innovation in their own industries, established firms are often among the pioneering entrants into related markets. They enable spin-off entrepreneurship and provide exit options for startups through acquisition. Furthermore, established firms help shape and directly support public research activities. The multiple roles of established firms, their interaction with new entrants in the innovation process, and the dynamics on industry evolution in an increasingly globalized world are not sufficiently well understood.
引用
收藏
页码:823 / 836
页数:14
相关论文
共 50 条