haku: @author Rajagopalan, S. / yhteensä: 8
viite: 4 / 8
Tekijä: | Rajagopalan, S. |
Otsikko: | Replacement in growing markets with uncertain technological breakthrough |
Lehti: | Management Science
1998 : JAN, VOL. 44:1, p. 12-30 |
Asiasana: | GROWTH MARKETS TECHNOLOGY |
Kieli: | eng |
Tiivistelmä: | The accelerated pace of technological change has led to rapid obsolescence of productive capacity in electronics and other industries. Managers must consider the impact of future technologies while making acquisition and replacement decisions in such environments. The authors consider a problem where a sequence of technological breakthroughs are anticipated but their magnitude and timing are uncertain. A firm, operating in such an environment, must decide how much capacity of the current technology to acquire to meet future demand growth. |
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