Technological Capabilities and Late Shakeouts: Industrial Dynamics in the Advanced Gas Turbine Industry, 1986-2002

Bergek, Anna, Tell, Fredrik, Berggren, Christian and Watson, Jim (2008) Technological Capabilities and Late Shakeouts: Industrial Dynamics in the Advanced Gas Turbine Industry, 1986-2002. Industrial and Corporate Change, 17 (2). pp. 335-392. ISSN 0960-6491

Full text not available from this repository.

Abstract

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.

Item Type: Article
Schools and Departments: School of Business, Management and Economics > SPRU - Science Policy Research Unit
Depositing User: Jim Watson
Date Deposited: 06 Feb 2012 19:55
Last Modified: 27 Jun 2013 11:12
URI: http://sro.sussex.ac.uk/id/eprint/23014
📧 Request an update