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

Posted: 30 Jan 2009

Date Written: February 2009

Abstract

Various scholars have tried to focus on growth accounting of specific examples of general purpose technologies (GPTs). However, what are the factors that might make a GPT succeed or fail once the invention has been "triggered?" This article is a preliminary answer to this question and attempts to study GPTs from an ex-ante perspective trying to understand the strategic behavior, business model and performance of producer firms and what the factors are that can favor or hamper diffusion in the application sectors. The article follows a historical perspective on a control technology, introduced in the last few decades by a silicon valley start-up company.

Suggested Citation

Thoma, Grid, Striving for a Large Market: Evidence from a General Purpose Technology in Action (February 2009). Industrial and Corporate Change, Vol. 18, Issue 1, pp. 107-138, 2009, Available at SSRN: https://ssrn.com/abstract=1335107 or http://dx.doi.org/dtn050

Grid Thoma (Contact Author)

University of Camerino ( email )

School of Sciences and Technology
Computer Science Division
Camerino, Macerata 62032
Italy

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