G2TT
来源类型Working Paper
规范类型报告
DOI10.3386/w19764
来源IDWorking Paper 19764
Dynamic Commercialization Strategies for Disruptive Technologies: Evidence from the Speech Recognition Industry
Matt Marx; Joshua S. Gans; David H. Hsu
发表日期2013-12-19
出版年2013
语种英语
摘要When startup innovation involves a potentially disruptive technology - initially lagging in the predominant performance metric, but with a potentially favorable trajectory of improvement - incumbents may be wary of engaging in cooperative commercialization with the startup. While the prevailing theory of disruptive innovation suggests that this will lead to (exclusively) competitive commercialization and the eventual replacement of incumbents, we consider a dynamic strategy involving product market entry before switching to a cooperative commercialization strategy. Empirical evidence from the automated speech recognition industry from 1952-2010 confirms the main prediction of the model.
主题Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w19764
来源智库National Bureau of Economic Research (United States)
引用统计
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/577438
推荐引用方式
GB/T 7714
Matt Marx,Joshua S. Gans,David H. Hsu. Dynamic Commercialization Strategies for Disruptive Technologies: Evidence from the Speech Recognition Industry. 2013.
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