IDEAS home Printed from https://ideas.repec.org/a/taf/ijecbs/v2y1995i1p87-101.html
   My bibliography  Save this article

Market Structure, Learning and Product Innovation: Evidence for the EPROM Market

Author

Listed:
  • Harald Gruber

Abstract

The study analyses the market for semiconductor memory chips, in particular EPROMs. Semiconductors are very interesting industry for studying empirically the dynamics of innovation. Given the short product life cycles of generations of chips, the market dynamics unfold much more rapidly than in other industries and are therefore better amenable to empirical observation. One of the aims is to shed more light on the link between learning and the dynamics of product innovation, as well as their influence on market structure. Learning with an old generation turns out to be an important determinant for product innovation. The further down the firm has moved on the learning curve, the higher its market share, and the larger becomes the probability that the firm is an early innovator. The results are consistent with the persistence of leadership hypothesis.

Suggested Citation

  • Harald Gruber, 1995. "Market Structure, Learning and Product Innovation: Evidence for the EPROM Market," International Journal of the Economics of Business, Taylor & Francis Journals, vol. 2(1), pages 87-101.
    • Handle: RePEc:taf:ijecbs:v:2:y:1995:i:1:p:87-101
    DOI: 10.1080/758521098
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/10.1080/758521098
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/758521098?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Laura D'Andrea Tyson, 1992. "Who's Bashing Whom? Trade Conflict in High-Technology Industries," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 86, April.
    2. Giovanni Dosi, 1984. "Technical Change and Industrial Transformation," Palgrave Macmillan Books, Palgrave Macmillan, number 978-1-349-17521-5, October.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Bohlin, Anders & Gruber, Harald & Koutroumpis, Pantelis, 2010. "Diffusion of new technology generations in mobile communications," Information Economics and Policy, Elsevier, vol. 22(1), pages 51-60, March.
    2. Liu, Wen-Hsien & Chyi, Yih-Luan, 2006. "A Markov regime-switching model for the semiconductor industry cycles," Economic Modelling, Elsevier, vol. 23(4), pages 569-578, July.
    3. Gruber, Harald, 2000. "The evolution of market structure in semiconductors: the role of product standards," Research Policy, Elsevier, vol. 29(6), pages 725-740, June.
    4. Susmita Chatterjee & Bibek Ray Chaudhuri & Debabrata Datta, 2012. "An Investigation into the Prospect of 3G Adoption in Kolkata: A Structural Equation Modeling Approach," Working Papers 1214, Indian Institute of Foreign Trade.
    5. Stefan Behringer, 2014. "Network Effects, Spillovers and Market Structure," Manchester School, University of Manchester, vol. 82(2), pages 143-159, March.
    6. John Sutton, 1996. "Game Theoretical Models of Market Structure," STICERD - Economics of Industry Papers 15, Suntory and Toyota International Centres for Economics and Related Disciplines, LSE.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Gruber, Harald, 2000. "The evolution of market structure in semiconductors: the role of product standards," Research Policy, Elsevier, vol. 29(6), pages 725-740, June.
    2. Daneke, Gregory A., 1998. "Beyond Schumpeter: Nonlinear economics and the evolution of the U.S. innovation system," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 27(1), pages 97-115.
    3. Gruber, Harald, 1996. "Trade policy and learning by doing: the case of semiconductors," Research Policy, Elsevier, vol. 25(5), pages 723-739, August.
    4. Heijs, Joost, 2003. "Freerider behaviour and the public finance of R&D activities in enterprises: the case of the Spanish low interest credits for R&D," Research Policy, Elsevier, vol. 32(3), pages 445-461, March.
    5. Gilberto Tadeu Lima, 2000. "Market concentration and technological innovation in a dynamic model of growth and distribution," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 53(215), pages 447-475.
    6. Han Dorussen & Hugh Ward, 2011. "Disaggregated Trade Flows and International Conflict," Chapters, in: Christopher J. Coyne & Rachel L. Mathers (ed.), The Handbook on the Political Economy of War, chapter 25, Edward Elgar Publishing.
    7. Mario Cimoli, 2002. "Networks, Market Structures and Economic Shocks: The structural changes of Innovation Systems in Latin America," LEM Papers Series 2002/13, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy.
    8. Katharine Wakelin, 1998. "The role of innovation in bilateral OECD trade performance," Applied Economics, Taylor & Francis Journals, vol. 30(10), pages 1335-1346.
    9. Yi-Min Chen, 2008. "How Much Does Country Matter?," International Regional Science Review, , vol. 31(4), pages 404-435, October.
    10. repec:dgr:rugsom:97b05 is not listed on IDEAS
    11. Chen, Cheng-Fen & Sewell, Graham, 1996. "Strategies for technological development in South Korea and Taiwan: the case of semiconductors," Research Policy, Elsevier, vol. 25(5), pages 759-783, August.
    12. Michael S. Dahl & Christian Ø.R. Pedersen & Bent Dalum, 2003. "Entry by Spinoff in a High-tech Cluster," DRUID Working Papers 03-11, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    13. Michael S. Dahl & Christian Ø.R. Pedersen & Bent Dalum, 2005. "Entrepreneurial Founder Effects in the Growth of Regional Clusters How Early Success is a Key Determinant," DRUID Working Papers 05-18, DRUID, Copenhagen Business School, Department of Industrial Economics and Strategy/Aalborg University, Department of Business Studies.
    14. Paqué, Karl-Heinz & Stehn, Jürgen & Horn, Ernst-Jürgen & Scharrer, Hans-Eckart & Koopmann, Georg, 1996. "National technology policies and international friction: Theory, evidence, and policy options," Kiel Discussion Papers 279, Kiel Institute for the World Economy (IfW Kiel).
    15. Chad M. Baum, 2013. "Mass-Produced Food: the Rise and Fall of the Promise of Health and Safety," Papers on Economics and Evolution 2013-03, Philipps University Marburg, Department of Geography.
    16. Anne Épaulard & Jean-Pierre Laffargue & Pierre Malgrange, 2008. "Présentation générale," Economie & Prévision, La Documentation Française, vol. 0(2), pages 1-13.
    17. Guice, Jon, 1999. "Designing the future: the culture of new trends in science and technology," Research Policy, Elsevier, vol. 28(1), pages 81-98, January.
    18. Hervas-Oliver, Jose-Luis & Lleo, María & Cervello, Roberto, 2017. "The dynamics of cluster entrepreneurship: Knowledge legacy from parents or agglomeration effects? The case of the Castellon ceramic tile district," Research Policy, Elsevier, vol. 46(1), pages 73-92.
    19. Giovanni Dosi & Richard Nelson, 2013. "The Evolution of Technologies: An Assessment of the State-of-the-Art," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 3(1), pages 3-46, June.
    20. Unger, Jens M. & Rauch, Andreas & Frese, Michael & Rosenbusch, Nina, 2011. "Human capital and entrepreneurial success: A meta-analytical review," Journal of Business Venturing, Elsevier, vol. 26(3), pages 341-358, May.
    21. Mario Cimoli & Giovanni Dosi & Richard Nelson & Joseph Stiglitz, 2007. "Policies and Institutional Engineering in Developing Economies," Globelics Working Paper Series 2007-04, Globelics - Global Network for Economics of Learning, Innovation, and Competence Building Systems, Aalborg University, Department of Business and Management.

    More about this item

    Keywords

    Semiconductor industry; Product innovation; Learning curve; JEL classifications: L63; O31;
    All these keywords.

    JEL classification:

    • L63 - Industrial Organization - - Industry Studies: Manufacturing - - - Microelectronics; Computers; Communications Equipment
    • O31 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Innovation and Invention: Processes and Incentives

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:ijecbs:v:2:y:1995:i:1:p:87-101. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/CIJB20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.