The Third Industrial Revolution in Global Business

Online-Ressource (360 p)

Description based upon print version of record

Contents; List of Figures; List of Tables; List of Contributors; Introduction; 1 Technological Revolutions and the Evolution of Industrial Structures; Introduction; Structure and Dynamics of Industries: "Stylized Facts" and Long-Term Trends; Size Distributions; Sectoral Specificities; Number of Firms and Employment by Size Classes; Industrial Concentration; The Dynamics of Corporate Growth; Size, Innovativeness, and Efficiency; Entry, Exit, and Market Turbulence; Summary; Theoretical Models and Observational Implications: Learning, Competition, and Industrial Organization

Firm Size: Some Introductory RemarksProduct Differentiation, Vertical Integration, and Diversification: The Boundaries of Firms; Learning and Selection; Typologies of (Small) Firms; Continuity and Changes in Organizational Forms, Learning Patterns, and Competitive Processes; Product Variety and Differentiation: The Horizontal Boundaries of Firms; Smith, Marshall, and Schumpeter: The Vertical Boundaries of Firms; The Dynamics of Exploration and Exploitation; Modularization and the Division of Innovative Labor: Integration and the Visible Hand

Innovation, Entrepreneurial Firms, and the Life Cycle of IndustriesConclusion; Technical Appendix and Data Description; 2 The Long-Run Dynamics of Big Firms; Introduction; Data, Design, and Definitions; Analyzing the Top 100; Explaining Long-Run dynamics; Conclusions; Appendix: Data Sources; United States; United Kingdom; Germany; France; Japan; 3 The Long-Term Evolution of the Knowledge Boundaries of Firms; Introduction; Knowledge and the Boundaries of Firms and Industries: A Conceptual Framework; Knowledge Boundaries and Production Boundaries: The Supply Side

The Knowledge Boundaries of Firms: The Demand SideConclusions; 4 Organizing the Electronic Century; Introduction; Capabilities and Architecture; Consumer Electronics; The Radio; Sound Recording; Television; The Demise of American Consumer Electronics; Digital Technology; The Transistor; The Digital Computer; Japanese Challenge and American Resurgence; The Personal Computer; Convergence and Conclusion; 5 Aircraft and the Third Industrial Revolution; Introduction; The Aircraft Industry as CoPS Industry; Nature of the Markets; Industry Structure

Aircraft and Carriers Industry: Some Stylized FactsThe Aircraft Industry as Technological Borrower; Role of National Governments; Coordinating Changing Division of Labor and Division of Knowledge; Component Integration: The Airframe-Engine Interface; Specialized Suppliers; The Role of Universities; The Regulatory Network; The Certification Agencies and the Professional Bodies; Aircraft Carriers; The Demand for Aircraft; Factors Influencing Future Demand; Conclusions; 6 Aluminum and the Third Industrial Revolution; Introduction and Framework; The Material; Continuities

From Precious Metal to Strategic Metal

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