The Evolution of a New Industry traces the emergence and growth of the Israeli hi-tech sector to provide a new understanding of industry evolution. In the case of Israel, the authors reveal how the hi-tech sector built an entrepreneurial culture with a capacity to disseminate intergenerational...

This book is the first to explore industry evolution using a historical and genealogical approach. The authors' analysis departs from traditional studies and draws attention to the dynamics of evolution, while relating the effects of parent company conditions to their corporate progeny and...

The hypothesis that managers believe risk to be a major component of strategy formulation, with a corresponding effect on the strategic decision‐making process, was subjected to empirical examination. A total of 93 top executives of Israel's largest industrial companies, representing various...