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Predictable Cross-Industry Heterogeneity in Industry Dynamics

In: Essays in Honor of Edwin Mansfield

Author

Listed:
  • Kenneth L. Simons

    (Rensselaer Polytechnic Institute)

Abstract

Technological change affects industry dynamics, by influencing whether an industry experiences a shakeout and attains a concentrated market structure. Decades-long competitive processes are similar for matched industries in different nations, indicating that competitive processes — not just eventual concentration levels — arise systematically from causes that might be traced. The television manufacturing industry in the United States and the United Kingdom is used to illustrate common processes at work.

Suggested Citation

  • Kenneth L. Simons, 2005. "Predictable Cross-Industry Heterogeneity in Industry Dynamics," Springer Books, in: Albert N. Link & F. M. Scherer (ed.), Essays in Honor of Edwin Mansfield, pages 275-279, Springer.
    • Handle: RePEc:spr:sprchp:978-0-387-25022-9_22
    DOI: 10.1007/0-387-25022-0_22
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