Technological innovation sometimes requires industry incumbents to shift to a completely new core technology. In order to successfully navigate a technological transition, firms often face the ambidextrous challenge of "exploiting" existing complementary assets in order to support the new...

In this work we discuss the impact of the new ICT techno-economic paradigm upon the vertical and horizontal boundaries of the firm and ask whether the change in the sources of competitive advantage has resulted in changes in the size distribution of firms and also in the degree of concentration...