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Components, systems and discontinuities: The case of magnetic recording and playback equipment

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  • Funk, Jeffery

Abstract

Using the history of magnetic recording and playback equipment, this paper explores the relationship between incremental improvements in components and technological discontinuities in systems. It finds that improvements in components have been the major source of all discontinuities in the industry. Focusing just on tape-based systems, all of the basic design approaches had been identified by the late 1950s and thus one of the largest technological challenges for firms has been to modify the design in response to improvements in the magnetic recording density of tape. This paper explores this phenomenon by analyzing data on equipment performance and price, and several design choices for the tape-based equipment. It shows how improvements in the magnetic recording density have changed the tradeoffs that exist between price and different dimensions of performance and between various design choices and thus led to about 10 technological discontinuities in magnetic tape system design.

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  • Funk, Jeffery, 2009. "Components, systems and discontinuities: The case of magnetic recording and playback equipment," Research Policy, Elsevier, vol. 38(7), pages 1192-1202, September.
    • Handle: RePEc:eee:respol:v:38:y:2009:i:7:p:1192-1202
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    2. Nandakumar, Karthik & Funk, Jeffrey L., 2015. "Understanding the timing of economic feasibility: The case of input interfaces for human-computer interaction," Technology in Society, Elsevier, vol. 43(C), pages 33-49.
    3. Jeffrey Funk, 2018. "Technology change, economic feasibility, and creative destruction: the case of new electronic products and services," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 27(1), pages 65-82.
    4. Huenteler, Joern & Ossenbrink, Jan & Schmidt, Tobias S. & Hoffmann, Volker H., 2016. "How a product’s design hierarchy shapes the evolution of technological knowledge—Evidence from patent-citation networks in wind power," Research Policy, Elsevier, vol. 45(6), pages 1195-1217.
    5. Taylor, Margaret & Taylor, Andrew, 2012. "The technology life cycle: Conceptualization and managerial implications," International Journal of Production Economics, Elsevier, vol. 140(1), pages 541-553.
    6. Huenteler, Joern & Schmidt, Tobias S. & Ossenbrink, Jan & Hoffmann, Volker H., 2016. "Technology life-cycles in the energy sector — Technological characteristics and the role of deployment for innovation," Technological Forecasting and Social Change, Elsevier, vol. 104(C), pages 102-121.
    7. Ng, Pei-Sin & Funk, Jeffrey L., 2013. "When do new technologies become economically feasible? The case of three-dimensional television," Technology in Society, Elsevier, vol. 35(1), pages 22-31.
    8. Luo, Jianxi, 2018. "Architecture and evolvability of innovation ecosystems," Technological Forecasting and Social Change, Elsevier, vol. 136(C), pages 132-144.

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