Incumbent Firm Invention in Emerging Fields : Evidence from the Semiconductor Industry

@inproceedings{Jiang2010IncumbentFI,
  title={Incumbent Firm Invention in Emerging Fields : Evidence from the Semiconductor Industry},
  author={Lin Jiang and Justin Tan and Marie C Thursby},
  year={2010}
}
Incumbent firms are often thought to focus on incremental innovations and only respond to a major technological change once its impact on established markets and/or dominant designs becomes clear. We argue, however, that incumbent firms have many reasons to proactively invent early in cycles of technological change. Our interest is in the strategies that allow incumbents to be successful in this endeavor during the infancy of an emerging field—the period before it is clear how the field will… CONTINUE READING

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