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Striving for a Large Market: Evidence from a General Purpose Technology in Action

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  • Grid Thoma

    (University of Camerino, Italy and Cespri, Bocconi University, Milan, Italy.)

Abstract

Several scholars have tried to focus on growth accounting of specific examples of General Purpose Technologies (GPTs). But, what are the factors that might make a General Purpose Technology succeed or fail once the invention has been "triggered"? This paper is a preliminary answer to this question and attempts to study GPTs from an ex-ante perspective trying to understand what is the behaviour and performance of the producer firms and what the factors are that can favour or hamper their diffusion in the application sectors. The paper follows a historical perspective on a control technology, introduced in the last few decades by a Silicon Valley start-up company.

Suggested Citation

  • Grid Thoma, 2006. "Striving for a Large Market: Evidence from a General Purpose Technology in Action," KITeS Working Papers 195, KITeS, Centre for Knowledge, Internationalization and Technology Studies, Universita' Bocconi, Milano, Italy, revised Dec 2006.
    • Handle: RePEc:cri:cespri:wp195
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    Keywords

    Industrial Organization; Technological Change.;

    JEL classification:

    • L13 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Oligopoly and Other Imperfect Markets
    • L24 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Contracting Out; Joint Ventures
    • L8 - Industrial Organization - - Industry Studies: Services
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives
    • O34 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Intellectual Property and Intellectual Capital

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