Technological Efficiency and Organizational Inertia: A Model of the Emergence of Disruption View Full Text


Ontology type: schema:ScholarlyArticle     


Article Info

DATE

2003-07

AUTHORS

Christian Buchta, David Meyer, Alexander Pfister, Andreas Mild, Alfred Taudes

ABSTRACT

We study the influence of technological efficiency and organizational inertia on the emergence of competition when firms decide myopically. Using a multi-agent computer simulation model, we observe the competitive reaction of a former monopolist to the advent of a new competitor. While the entrant uses a new technology, the monopolist is free either to stick to his former technology or to switch to the new one. We find that—irrespective of details regarding the demand side—a change of industry leadership occurs only if the new (“disruptive”) technology is not too efficient and organizations are inert. More... »

PAGES

127-146

Identifiers

URI

http://scigraph.springernature.com/pub.10.1023/b:cmot.0000022752.54325.37

DOI

http://dx.doi.org/10.1023/b:cmot.0000022752.54325.37

DIMENSIONS

https://app.dimensions.ai/details/publication/pub.1048452594


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