Technological Strategies and Market Success. Evidence from the Aero-Engine Industry
Опубликовано на портале: 25-12-2002
2001
Тематический раздел:
The paper studies the relations between technological strategies and market success
of firms, through an empirical analysis of the commercial aero-engine industry since
1948 to 1997 detailed at the level of competition among single firms products. It
uses a multidimensional measure of technical progress through Data Envelopment Analysis
(DEA) for measuring technological performances of single products and firms and data
on sales of each product over time for representing market success. The paper confirms
the existence of heterogeneity of firms technological strategies and draws some main
conclusions with respect to strategies of convergence and divergence from the technological
frontier, first mover advantage and survival of inefficient products.
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[90 КБ]
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