Technological capabilities and late shakeouts: Industrial dynamics in the advanced gas turbine industry, 1987-2002
2008 (English)In: Industrial and Corporate Change, ISSN 0960-6491, E-ISSN 1464-3650, Vol. 17, no 2, 335-392 p.Article in journal (Refereed) Published
This article focuses on technological discontinuities and late shakeouts in mature industries. The empirical case is combined cycle gas turbine technology in the power generation industry, where two of four main incumbents (GE, ABB, Siemens, and Westinghouse) exited the industry after several years of competition. We show that the vast differences in firm performance are strongly related to variation in technological capabilities, such as sourcing and integration of knowledge from related industries and after-launch problem solving. The findings from this case may also be of general interest for studies of dynamics in other mature, complex industries.
Place, publisher, year, edition, pages
2008. Vol. 17, no 2, 335-392 p.
Engineering and Technology
IdentifiersURN: urn:nbn:se:liu:diva-46567DOI: 10.1093/icc/dtn005OAI: oai:DiVA.org:liu-46567DiVA: diva2:267463
This is a pre-copy-editing, author-produced PDF of an article accepted for publication in Industrial and corporate change following peer review. The definitive publisher-authenticated version:
Anna Bergek, Fredrik Tell, Christian Berggren and J. Watson, Technological capabilities and late shakeouts: Industrial dynamics in the advanced gas turbine industry, 1987-2002, 2008, Industrial and Corporate Change, (17), 2, 335-392.
is available on-line at: http://dx.doi.org/10.1093/icc/dtn005
Copyright: Oxford University Press