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Product and Process Innovations in the Life Cycle of an Industry

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Author Info
Darren Filson (Claremont Graduate University)

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Abstract

Filson (2001) uses industry-level data on firm numbers, price, quantity, and quality along with an equilibrium model of industry evolution to estimate the nature and effects of quality and cost improvement in the personal computer industry and four other new industries. This paper studies the person computer industry in more detail and shows that the model explains some peculiar patterns that cannot be explained by previous life-cycle models. The model's estimates are evaluated using historical studies on the evolution of the personal computer industry, and patterns that require further model development are described.

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File URL: http://econ.claremontmckenna.edu/papers/2000-30.pdf
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Paper provided by Claremont Colleges in its series Claremont Colleges Working Papers with number 2000-30.

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Handle: RePEc:clm:clmeco:2000-30

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Related research
Keywords: technology technological change industry dynamics personal computer market microelectronics

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Find related papers by JEL classification:
L10 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - General
L63 - Industrial Organization - - Industry Studies: Manufacturing - - - Microelectronics; Computers; Communications Equipment
O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives

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  1. L. Lambertini & A. Mantovani, 2004. "Process and Product Innovation: a Differential Game Approach to Product Life Cycle," Working Papers 529, Dipartimento Scienze Economiche, Università di Bologna. [Downloadable!]
  2. Nyström, Kristina, 2005. "Firm Maturity and Product Processes R&D in Swedish Manufacturing Firms," Working Paper Series in Economics and Institutions of Innovation 39, Royal Institute of Technology, CESIS - Centre of Excellence for Science and Innovation Studies. [Downloadable!]
  3. Heli Koski & Tobias Kretschmer, 2006. "Innovation and Dominant Design in Mobile Telephone," Discussion Papers 1012, The Research Institute of the Finnish Economy. [Downloadable!]
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  4. Darren Filson & Richard T. Gretz, 2003. "Strategic Innovation and Technology Adoption in an Evolving Industry," Claremont Colleges Working Papers 2003-08, Claremont Colleges. [Downloadable!]
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  5. Darren Filson & Bunchon Songsamphant, . "Horizontal Mergers and Exit in Declining Industries," Claremont Colleges Working Papers 2001-13, Claremont Colleges. [Downloadable!]
    Other versions:
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