Managing New Industry Creation: Global Knowledge Formation and Entrepreneurship in High Technology
November 16th, 2009 | 
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“Finally, a study that offers critical new insights into the complex issue of the evolution of global high-tech industries. This scholarly and painstakingly researched study of the flat panel display industry breaks new ground and represents a clear departure from traditional economic analysis. The authors have developed a fundamentally new and managerially relevant perspective by combining analysis of knowledge creation and industry evolution_people, cross national… More >>
Managing New Industry Creation: Global Knowledge Formation and Entrepreneurship in High Technology
Posted in New Business Formation | 
Tags: Creation, Creation Evolution, Economic Analysis, Entrepreneurship, Flat Panel Display, Formation, Global, Global Industries, Global Knowledge, High, High Tech Industries, High Technology, Industry, Industry Evolution, Knowledge, Knowledge Creation, Knowledge Technology, Managing, New Creation, New Ground, New Insights, People, Perspective, Product Description, Technology, Technology Product
This book gives a good overview of the Flat Panel sector; it may provide a good academic case study. However, as a manager, I was also looking for advice that I could apply now. This sector has been characterized by intense competition and turbulence, especially as regards international competition. Murtha et al. provide hackneyed insights and many of their predictions and “insights” are wrong. Disappointing!
Rating: 1 / 5
This book is written in a scholarly style, and is rather laborious reading. Additionally, it lacks predictive validity and has been unable to predict any of the momentous changes in the flat-display sector that have occurred in the last year. Dated!
Rating: 1 / 5
An accessible and insightful examination of the flat panel display industry from its inception to 2000. Murtha, Lenway and Hart make two broad contributions. First, they refute many of the myths that surround the flat panel display industry. Second, they generate insights that are applicable to any technologically innovative industry. The book will be valuable to managers, policy makers and academics. Highly recommended.
Glenn Hoetker, University of Illinois at Urbana-Champaign
Rating: 4 / 5
This book is well-written and gives important insights into competitive and cooperative strategies in areas of rapid technological change. It gives a more insightful analysis than available anywhere else, with quite a bit of applicability to current technological decision making.
Rating: 5 / 5
This book takes a detailed look at the development of Flat Panel Displays and the enormously complex and expensive developments (in science, technology, manufacturing and manufacturing equipment) needed for them. Based on extensive field interviews in the US and Japan, the authors show that no company could have developed the technologies required alone. Instead, a collaborative community of practice of suppliers, manufacturers, scientists, and users had to coalesce, and did, in Japan. Nevertheless, some US firms were critical players: those that collaborated and participated in Japan. This book forces us to rethink simple-minded notions of how and where technology can develop, with profound implications for managing strategy, making trade policy, and understanding increasingly complex high tech strategy.
Rating: 5 / 5