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Author:Schilling, M. A.
Title:Technology Success and Failure in Winner-Take-All Markets: The Impact of Learning Orientation, Timing, and Network Externalities
Journal:Academy of Management Journal
2002 : APR, VOL. 45:2, p. 387-398
Index terms:TECHNOLOGY
MARKETS
NETWORKS
LEARNING
Language:eng
Abstract:The authors of the article states that in industries characterized by network externalities, a single technology standard often rises to dominance, locking out competing technologies. This research demonstrates that despite "path dependency," it is possible to model the technology selection process and predict likely outcomes. This work extends previous work in network externalities by demonstrating that in addition to its "installed base" and the availability of complementary goods, a firm's learning orientation and timing of entry also play significant roles in its success. The paper provides a substantial list of references on this subject.
SCIMA record nr: 237903
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