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Disruptive firms and industrial change

Author

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  • Mario COCCIA

    (Arizona State University, Interdisciplinary Science and Technology Building 1 (ISBT1) 550 E. Orange Street, Tempe- AZ 85287-4804 USA.)

Abstract

This study proposes the concept of disruptive firms: they are firms with market leadership that deliberate introduce new and improved generations of durable goods that destroy, directly or indirectly, similar products present in markets in order to support their competitive advantage and/or market leadership. These disruptive firms support technological and industrial change and induce consumers to buy new products to adapt to new socioeconomic environment. In particular, disruptive firms generate and spread path-breaking innovations in order to achieve and sustain the goal of a (temporary) profit monopoly. This organizational behaviour and strategy of disruptive firms support technological change. This study can be useful for bringing a new perspective to explain and generalize one of the determinants that generates technological and industrial change. Overall, then this study suggests that one of the general sources of technological change is due to disruptive firms (subjects), rather than disruptive technologies (objects), that generate market shifts in a Schumpeterian world of innovation-based competition.

Suggested Citation

  • Mario COCCIA, 2017. "Disruptive firms and industrial change," Journal of Economic and Social Thought, KSP Journals, vol. 4(4), pages 437-450, December.
    • Handle: RePEc:ksp:journ3:v:4:y:2017:i:4:p:437-450
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    References listed on IDEAS

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    15. repec:bla:jomstd:v:47:y:2010:i:s1:p:884-910 is not listed on IDEAS
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    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Mario COCCIA, 2018. "The relation between terrorism and high population growth," Journal of Economics and Political Economy, KSP Journals, vol. 5(1), pages 84-104, March.
    2. Coccia, Mario, 2022. "Probability of discoveries between research fields to explain scientific and technological change," Technology in Society, Elsevier, vol. 68(C).
    3. Mario COCCIA, 2018. "Theorem of not independence of any technological innovation," Journal of Economics Bibliography, KSP Journals, vol. 5(1), pages 29-35, March.
    4. Daehyoun Choi & Hind R’bigui & Chiwoon Cho, 2021. "Candidate Digital Tasks Selection Methodology for Automation with Robotic Process Automation," Sustainability, MDPI, vol. 13(16), pages 1-18, August.
    5. Mario COCCIA, 2018. "The origins of the economics of Innovation," Journal of Economic and Social Thought, KSP Journals, vol. 5(1), pages 9-28, March.
    6. Mario COCCIA, 2018. "Violent crime driven by income Inequality between countries," Turkish Economic Review, KSP Journals, vol. 5(1), pages 33-55, March.
    7. Escandon-Barbosa, Diana & Salas-Paramo, Jairo & Meneses-Franco, Ana Isabel & Giraldo- Gonzalez, Carlos, 2021. "Adoption of new technologies in developing countries: The case of autonomous car between Vietnam and Colombia," Technology in Society, Elsevier, vol. 66(C).
    8. Mario Coccia, 2021. "Evolution and structure of research fields driven by crises and environmental threats: the COVID-19 research," Scientometrics, Springer;Akadémiai Kiadó, vol. 126(12), pages 9405-9429, December.
    9. Mario COCCIA, 2018. "Types of government and innovative performance of countries," Journal of Social and Administrative Sciences, KSP Journals, vol. 5(1), pages 15-33, March.
    10. Mario COCCIA, 2018. "Evolution of the economics of science in the Twenty Century," Journal of Economics Library, KSP Journals, vol. 5(1), pages 65-84, March.

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    More about this item

    Keywords

    Disruptive technologies; Disruptive firms; Radical innovations; R&D management; Competitive advantage; Industrial change.;
    All these keywords.

    JEL classification:

    • L20 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - General
    • O32 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Management of Technological Innovation and R&D
    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes

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