Entry, exit and knowledge: evidence from a cluster in the info-communications
The process by which knowledge is created, accumulated and eventually destroyed appears crucial to many industrial dynamics patterns, since it shapes the profile of evolution of industries by favouring the entry of new companies, the co-existence of incumbents and new entrants and, eventually, their selective or joint exit over time. Though problematic, and all too often neglected, the connection between two nodes of interest, Industrial Dynamics on the one hand, and Knowledge Dynamics on the other hand, thus appears as a promising field of research. On the basis of a case study in the info-communications industry, we start by emphasizing that this field of research has direct importance at the empirical level. Knowledge dynamics can create specific models of evolution among firms at the local level, such as non-shakeout patterns within the cluster, which significantly differ from more global patterns of evolution in the info-communications industry, now generally oriented towards trends of decline and bust. We further argue in favour of the development of Knowledge-Based Industrial Dynamics, an approach that lies at the interface of industry and knowledge dynamics, and which can explain how a cluster may decrease the barriers to knowledge of clustered companies and, further, create a specific knowledge dynamics that is able to shape the industrial dynamics. Finally, we document how this process of knowledge dynamics was collectively implemented in our case study on the info-communications cluster and decompose the mechanisms that led to a local non-shakeout pattern of industrial dynamics. We conclude with some remarks on the policy implications.
|Date of creation:||2004|
|Date of revision:|
|Publication status:||Published, Research Policy, 2004, 33, 10, 1687-1706|
|Note:||View the original document on HAL open archive server: http://hal.archives-ouvertes.fr/hal-00203625/en/|
|Contact details of provider:|| Web page: http://hal.archives-ouvertes.fr/ |
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.:
- Robert H Mcguckin & Bradford J Jensen, 1996.
"Firm Performance And Evolution Empirical Regularities In The U.S. Microdata,"
96-10, Center for Economic Studies, U.S. Census Bureau.
- Jensen, J Bradford & McGuckin, Robert H, 1997. "Firm Performance and Evolution: Empirical Regularities in the US Microdata," Industrial and Corporate Change, Oxford University Press, vol. 6(1), pages 25-47.
- Ufuah, Allan N & Utterback, James M, 1997. "Responding to Structural Industry Changes: A Technological Evolution Perspective," Industrial and Corporate Change, Oxford University Press, vol. 6(1), pages 183-202.
- Klepper, Steven & Miller, John H., 1995. "Entry, exit, and shakeouts in the United States in new manufactured products," International Journal of Industrial Organization, Elsevier, vol. 13(4), pages 567-591, December.
- Steven Klepper, 2002. "The capabilities of new firms and the evolution of the US automobile industry," Industrial and Corporate Change, Oxford University Press, vol. 11(4), pages 645-666, August.
- Malerba, Franco & Orsenigo, Luigi, 1996. "The Dynamics and Evolution of Industries," Industrial and Corporate Change, Oxford University Press, vol. 5(1), pages 51-87.
- Steinle, Claus & Schiele, Holger, 2002. "When do industries cluster?: A proposal on how to assess an industry's propensity to concentrate at a single region or nation," Research Policy, Elsevier, vol. 31(6), pages 849-858, August.
- Paula E. Stephan, 1996. "The Economics of Science," Journal of Economic Literature, American Economic Association, vol. 34(3), pages 1199-1235, September.
- Malerba, Franco & Orsenigo, Luigi, 1999. "Technological entry, exit and survival: an empirical analysis of patent data," Research Policy, Elsevier, vol. 28(6), pages 643-660, August.
- Geroski, P. A., 1995. "What do we know about entry?," International Journal of Industrial Organization, Elsevier, vol. 13(4), pages 421-440, December.
- Audretsch, David B, 1997. "Technological Regimes, Industrial Demography and the Evolution of Industrial Structures," Industrial and Corporate Change, Oxford University Press, vol. 6(1), pages 49-82.
- Klepper, Steven, 1997. "Industry Life Cycles," Industrial and Corporate Change, Oxford University Press, vol. 6(1), pages 145-81.
- Lofsten, Hans & Lindelof, Peter, 2002. "Science Parks and the growth of new technology-based firms--academic-industry links, innovation and markets," Research Policy, Elsevier, vol. 31(6), pages 859-876, August.
- Antonelli, Cristiano, 2001. "The Microeconomics of Technological Systems," OUP Catalogue, Oxford University Press, number 9780199245536.
- Hawkins, Richard, 1999. "The rise of consortia in the information and communication technology industries: emerging implications for policy," Telecommunications Policy, Elsevier, vol. 23(2), pages 159-173, March.
- Richardson, G B, 1972. "The Organisation of Industry," Economic Journal, Royal Economic Society, vol. 82(327), pages 883-96, September.
- Maskell, Peter & Malmberg, Anders, 1999. "Localised Learning and Industrial Competitiveness," Cambridge Journal of Economics, Oxford University Press, vol. 23(2), pages 167-85, March.
- Colombo, Massimo G. & Delmastro, Marco, 2002. "How effective are technology incubators?: Evidence from Italy," Research Policy, Elsevier, vol. 31(7), pages 1103-1122, September.
When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-00203625. 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: (CCSD)
If references are entirely missing, you can add them using this form.