TheEvolutionof

Technology,
Markets, and Industry
Present by: Marylliz Nova
 THE PHENOMENON OF THE LIFE CYCLE
 Useful to describe the evolution of industries.
 Substantial regularities in the time trends of
the key variables, such as the number of
companies, sales, prices and innovation
patterns
 Relationship between technological evolution
and industry

Stages

Introduction
Increase
Maturity
Decline 2
 EMPIRICAL REGULARITIES IN THE LITERATURE OF
TECHNOLOGICAL MANAGEMENT: PATTERNS OF TECHNOLOGICAL
AND INDUSTRIAL EVOLUTION

• Changes in technology are the basis for

the development of many new
industries.

• The first radio transmitters use

alternator, arc and vacuum technologies
before the vacuum tubes become
dominant.

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 EMPIRICAL REGULARITIES IN THE MANAGEMENT OF
TECHNOLOGY. LITERATURE: FIRM PERFORMANCE

• Which companies introduce new

technologies, which companies have
become a successful and commercial
business?

• (1986) classified the innovations by the

way in which the competences of the
companies are established and showed
that the competences increase.

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 EMPIRICAL REGULARITIES IN THE LITERATURE OF
EVOLUTIONARY ECONOMICS

Evolutionary economics has linked

systematic changes in technological It takes into account the
characteristics and sources of production, price and
innovation to the various stages in performance of the
the evolution of an industry. company

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 DIRECTIONS FOR FUTURE INVESTIGATIONS
• A common theme in the currents of literature, but
also in the ecology of the organization and the
perspectives of the evolutionary economy, is the
primacy of selection over adaptation.

• Organizational ecology originated because

researchers looked for environmental conditions in
place of factors related to adaptation to determine
failure rates

• An important area of future research will be to

observe the evolution of the company and the
industry together and examine how one can affect
the other 6
Thanks!