Research Summary: Explanations of entrants' survival in an emerging industry are premised
on pre‐entry capabilities or technology entry choices prior to the emergence of the dominant …

Entrants in new industries pursue distinct technologies in hopes of winning the technology
competition and achieving sustainable competitive advantage. We draw on the …

I propose a novel explanation for new industry shakeouts: because of capacity sunk costs
and the fear of backing the wrong technology, firms initially invest up to a small capacity …

This essay argues that to assess the likelihood that incumbent firms will successfully make
the required transformations to their strategy and operations in the face of technological …

A central strategic imperative for surviving technological change requires firms to attenuate
the inertia and rigidity imposed by its legacy technology orientation (defined as the relative …

This article investigates the post‐entry implications of pre‐entry technological choices made
during the uncertain period before a dominant design. Building on work on technological …

Technological substitution (TS) requires firms to employ corporate development activities
(CDAs) to survive. However, how firms employ CDAs is constrained by their financial market …

Merger and acquisition activity is a critical means by which technology firms obtain the
resources needed to compete in global markets. Effective implementation is essential to …

The issue of the failure of incumbent firms in the face of radical technical change has been a
central question in the technology strategy domain for some time. We add to prior …

Evolutionary theory of business activity studies how firms are selected out of environments in
which they do not fit, but most existing work underemphasizes the distinction between …