We propose that disruptive changes pertaining to complex product systems (CoPS) will yield
a different set of characteristics than those traditionally observed for commodity products …

Complex Products and Systems (CoPS) form an increasingly important role in the economic
activities of firms, industries and nations. Due to changing markets and technologies, over …

Over the past 5 to 10 years, empirical study has provided a much improved understanding of
how innovation occurs in complex, high value capital goods. Research has began to …

This paper highlights distinctive features of technological catch-up in complex product
systems (CoPS). This paper contrasts catch-up trends in CoPS with trends in mass-market …

Many industries operate technologies in which multiple outputs (coproducts) are jointly
produced. In some settings (“vertical”) the coproducts differ along a performance dimension …

Complex product systems (CoPS) are high cost, engineering-intensive products, systems,
networks and constructs. They are business to business capital goods which form the …

Complex product systems (CoPS) industries largely contribute to industrial development,
economic growth and creation of national wealth in both developed and developing …

Successful new products typically encroach in some fashion on an existing market,
impacting prices, sales, and profits for the old product (s). We present a framework in which …

A commodity is available from many vendors without distinction. Simply stated, a commodity
is not a high-margin product. Pricing at multiples above unit cost requires something special …

Research summary: We investigate the effect of incumbents' stock of downstream
complementary assets on their product innovation during a disruptive technological change …