Innovation, Technology and Hypercompetition: Review and Synthesis

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Overview

In an increasingly technologically led century, the striking pattern that emerges in firms' innovative activities is that companies compete for a technological leadership position in situations best described as races. In high-technology industries, where customers are willing to pay a premium for advanced technology, leadership translates into increasing returns in the market through positive network externalities. Innovation, Technology and Hypercompetition synthesizes and unifies the various methodological approaches for the industry-specific analysis of fast-changing competitive positions driven by relentless innovation (hypercompetition).

Game-theoretic and agent-based tools are applied to competitive industries in various market settings and in a global context. Rivalry of this sort is seen to extend to the catching up and forging ahead of regions and nations. The book provides the behavioural foundations for what is driving globalization. It will be of interest to a broad range of people, including academic economists, legal experts, management consultants and practitioners.

About the Author:
Hans-Werner Gottinger is at Kwansei Gakuin University, Sanda-Kobe, Japan

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Product Details

Meet the Author

Hans-Werner Gottinger is at Kwansei Gakuin University, Sanda-Kobe, Japan.

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Table of Contents

1. Taxonomy of Technological Racing 2. Modelling Stochastic Innovation Races 3. Global Technological Racing: Structure, Tools and Forms of Industrial Racing 4. Competitive Structures and Technological Racing 5. Technological Racing in Symmetric and Asymmetric Settings 6. Racing in Network Industries 7. High-Speed Technological Competition 8. Dynamic Rivalry Among Technology Platforms 9. Globalization, Catchup, Economic Development 10. Schumpeterian Competition

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