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Technological capabilities and late shakeouts: industrial dynamics in the advanced gas turbine industry, 1987-2002

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Technological capabilities and late shakeouts: industrial dynamics in the advanced gas turbine industry, 1987-2002

Bergek, Anna; Tell, Fredrik; Berggren, Christian; … - In: Industrial and Corporate Change 17 (2008) 2, pp. 335-392

This article focuses on technological discontinuities and late shakeouts in mature industries. The empirical case is combined cycle gas turbine technology in the power generation industry, where two of four main incumbents (GE, ABB, Siemens, and Westinghouse) exited the industry after several...

Persistent link: https://www.econbiz.de/10008838289