We consider firms in the context of their business ecosystems and explore how differences in the ways in which firms are organized with respect to complementary activities affect their decision to invest in new technologies.…Read More
Although the stylized model of industry evolution suggests that firms transform from vertical integration to specialization over time, many industries still exhibit a continued persistence of integrated firms. In exploring this puzzle, I draw on detailed firm-level data from the semiconductor industry to analyze how integrated incumbents, beyond shifting to the specialized mode, reconfigured in the face of industry’s vertical disintegration.…Read More
‘Nanotechnology’ is often touted as a significant emerging technological field. However, determining what nanotechnology means, whose research counts as nanotechnology, and who gets to speak on behalf of nanotechnology is a highly political process involving constant negotiation with significant implications for funding, legislation, and citizen support.…Read More
