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
  • [41] Strategic focus of incumbents in the European telecommunications industry: The cases of BT, Deutsche Telekom and KPN
    van Kranenburg, H. L.
    Hagedoorn, John
    TELECOMMUNICATIONS POLICY, 2008, 32 (02) : 116 - 130
  • [42] A re-examination of incumbents' response to the threat of entry: Evidence from the airline industry
    Gayle, Philip G.
    Wu, Chi-Yin
    ECONOMICS OF TRANSPORTATION, 2013, 2 (04) : 119 - 130
  • [43] The Schumpeterian entrepreneur
    Boutillier, Sophie
    Uzinidis, Dimitri
    PENSEE, 2013, (375): : 97 - +
  • [44] THE SCHUMPETERIAN SYSTEM
    Stolper, Wolfgang F.
    JOURNAL OF ECONOMIC HISTORY, 1951, 11 (03): : 272 - 277
  • [45] Incumbents Inertia in the Automotive Industry: Technological, Market, and Societal Drivers of Electric Vehicle Standardization
    Brem, Alexander
    Nylund, Petra A.
    IEEE TRANSACTIONS ON ENGINEERING MANAGEMENT, 2024, 71 : 1683 - 1689
  • [46] Iran's Intra-Industry Trade Based on a Schumpeterian Factor Endowment Model
    Najafi, Zahra
    Sameti, Majid
    Azarbaiejani, Karim
    IRANIAN JOURNAL OF MANAGEMENT STUDIES, 2021, 14 (01) : 209 - 243
  • [47] Incumbents achieving coopetition with disruptively technological entrants: a case from Chinese animation industry
    Pi, Shenglei
    Chang, Kuei-Feng
    Shih, Hui-Chaun
    Zhang, Xianfeng
    TECHNOLOGY ANALYSIS & STRATEGIC MANAGEMENT, 2021, 33 (12) : 1421 - 1434
  • [48] Will the incumbents hold?
    Cook, CE
    WASHINGTON QUARTERLY, 2004, 27 (04): : 173 - 182
  • [49] The effect of the dynamics of knowledge base complexity on Schumpeterian patterns of innovation: the upstream petroleum industry
    Maleki, Ali
    Rosiello, Alessandro
    Wield, David
    R & D MANAGEMENT, 2018, 48 (04) : 379 - 393
  • [50] The Schumpeterian System
    Stokes, Charles J.
    CANADIAN JOURNAL OF ECONOMICS & POLITICAL SCIENCE, 1951, 17 (03): : 426 - 427