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Entry and exit of makes in the automobile industry, 1895-1960: An international comparison

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  • Rosegger, Gerhard
  • Baird, Robert N

Abstract

The historical patterns of the entry and exit of makes in the automobile industries of France, Germany, Great Britain and the United States are examined. The findings, covering over 3000 makes of passenger vehicle, show great similarities in these patterns, despite the substantial inter-country differences in market size, economic conditions and institutional arrangements. The results justify the conclusion that the evolution of basic technologies, as described in a number of theoretical and empirical studies, is the most important force in shaping the long-term development of industries and markets.

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  • Rosegger, Gerhard & Baird, Robert N, 1987. "Entry and exit of makes in the automobile industry, 1895-1960: An international comparison," Omega, Elsevier, vol. 15(2), pages 93-102.
    • Handle: RePEc:eee:jomega:v:15:y:1987:i:2:p:93-102
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    Cited by:

    1. Rajshree Agarwal & Barry L. Bayus, 2002. "The Market Evolution and Sales Takeoff of Product Innovations," Management Science, INFORMS, vol. 48(8), pages 1024-1041, August.
    2. Agarwal, Rajshree & Bayus, Barry L., 2002. "The Market Evolution and Sales Take-Off of Product Innovations," Working Papers 02-0104, University of Illinois at Urbana-Champaign, College of Business.
    3. Barry L. Bayus, 1998. "An Analysis of Product Lifetimes in a Technologically Dynamic Industry," Management Science, INFORMS, vol. 44(6), pages 763-775, June.

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