The technology life cycle: Conceptualization and managerial implications
This paper argues that the technology life cycle literature is confused and incomplete. This literature is first reviewed with consideration of the related concepts of the life cycles for industries and products. By exploring the inter-relationships between these, an integrated view of the technology life cycle is produced. A new conceptualization of the technology life cycle is then proposed. This is represented as a model that incorporates three different levels for technology application, paradigm and generation. The model shows how separate paradigms emerge over time to achieve a given application. It traces the eras of ferment and incremental change and shows how technology generations evolve within these. It also depicts how the eras are separated by the emergence of a dominant design, and how paradigms are replaced at a technological discontinuity. By adopting this structure, the model can demarcate the evolution of technologies at varying levels of granularity from the specific products in which they may be manifest to the industries in which they are exploited.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Aitken, James & Childerhouse, Paul & Towill, Denis, 2003. "The impact of product life cycle on supply chain strategy," International Journal of Production Economics, Elsevier, vol. 85(2), pages 127-140, August.
- Peter Thompson, 2005. "Selection and Firm Survival: Evidence from the Shipbuilding Industry, 1825-1914," The Review of Economics and Statistics, MIT Press, vol. 87(1), pages 26-36, February.
- Murmann, Johann Peter & Frenken, Koen, 2006.
"Toward a systematic framework for research on dominant designs, technological innovations, and industrial change,"
Elsevier, vol. 35(7), pages 925-952, September.
- P. Murmann & K. Frenken, 2002. "Toward a Systematic Framework for Research on Dominant Designs, Technological Innovations, and Industrial Change," Papers on Economics and Evolution 2002-12, Philipps University Marburg, Department of Geography.
- Alfred Kleinknecht & Kees Van Montfort & Erik Brouwer, 2002. "The Non-Trivial Choice between Innovation Indicators," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 11(2), pages 109-121.
- Chang, Sheng-Lin & Wang, Reay-Chen & Wang, Shih-Yuan, 2006. "Applying fuzzy linguistic quantifier to select supply chain partners at different phases of product life cycle," International Journal of Production Economics, Elsevier, vol. 100(2), pages 348-359, April.
- 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.
- Utterback, James M & Abernathy, William J, 1975. "A dynamic model of process and product innovation," Omega, Elsevier, vol. 3(6), pages 639-656, December.
- Barry L. Bayus & Rajshree Agarwal, 2007. "The Role of Pre-Entry Experience, Entry Timing, and Product Technology Strategies in Explaining Firm Survival," Management Science, INFORMS, vol. 53(12), pages 1887-1902, December.
- Geroski, P. A., 1995. "What do we know about entry?," International Journal of Industrial Organization, Elsevier, vol. 13(4), pages 421-440, December.
- Kaplan, Sarah & Tripsas, Mary, 2008. "Thinking about technology: Applying a cognitive lens to technical change," Research Policy, Elsevier, vol. 37(5), pages 790-805, June.
- Klepper, Steven, 1997. "Industry Life Cycles," Industrial and Corporate Change, Oxford University Press, vol. 6(1), pages 145-81.
- Rosenkopf, Lori & Tushman, Michael L, 1998. "The Coevolution of Community Networks and Technology: Lessons from the Flight Simulation Industry," Industrial and Corporate Change, Oxford University Press, vol. 7(2), pages 311-46, June.
- Chien, Chen-Fu & Chen, Yun-Ju & Peng, Jin-Tang, 2010. "Manufacturing intelligence for semiconductor demand forecast based on technology diffusion and product life cycle," International Journal of Production Economics, Elsevier, vol. 128(2), pages 496-509, December.
- Georgios Fotopoulos & Nigel Spence, 1998. "Entry and exit from manufacturing industries: symmetry, turbulence and simultaneity - some empirical evidence from Greek manufacturing industries, 1982-1988," Applied Economics, Taylor & Francis Journals, vol. 30(2), pages 245-262, February.
- Dosi, Giovanni, 1982.
"Technological paradigms and technological trajectories : A suggested interpretation of the determinants and directions of technical change,"
Elsevier, vol. 11(3), pages 147-162, June.
- Dosi, Giovanni, 1993. "Technological paradigms and technological trajectories : A suggested interpretation of the determinants and directions of technical change," Research Policy, Elsevier, vol. 22(2), pages 102-103, April.
- Hsueh, Che-Fu, 2011. "An inventory control model with consideration of remanufacturing and product life cycle," International Journal of Production Economics, Elsevier, vol. 133(2), pages 645-652, October.
- Gort, Michael & Klepper, Steven, 1982. "Time Paths in the Diffusion of Product Innovations," Economic Journal, Royal Economic Society, vol. 92(367), pages 630-53, September.
- Sahal, Devendra, 1985. "Technological guideposts and innovation avenues," Research Policy, Elsevier, vol. 14(2), pages 61-82, April.
- Nelson, Andrew J., 2009. "Measuring knowledge spillovers: What patents, licenses and publications reveal about innovation diffusion," Research Policy, Elsevier, vol. 38(6), pages 994-1005, July.
- Ron Adner & Daniel Levinthal, 2001. "Demand Heterogeneity and Technology Evolution: Implications for Product and Process Innovation," Management Science, INFORMS, vol. 47(5), pages 611-628, May.
- Suarez, Fernando F., 2004. "Battles for technological dominance: an integrative framework," Research Policy, Elsevier, vol. 33(2), pages 271-286, March.
- Audretsch, David B., 1995. "Innovation, growth and survival," International Journal of Industrial Organization, Elsevier, vol. 13(4), pages 441-457, December.
- Haupt, Reinhard & Kloyer, Martin & Lange, Marcus, 2007. "Patent indicators for the technology life cycle development," Research Policy, Elsevier, vol. 36(3), pages 387-398, April.
When requesting a correction, please mention this item's handle: RePEc:eee:proeco:v:140:y:2012:i:1:p:541-553. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Zhang, Lei)
If references are entirely missing, you can add them using this form.