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Survival and the introduction of new technology: A patent analysis in the integrated circuit industry

机译:生存与新技术的引进:集成电路行业的专利分析

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Utilizing a database containing all US patents issued to integrated circuit (IC) manufacturers from 1975 to 1994 we analyze a firm's decision to pursue a technology across varying levels of technological turbulence. We examine the effects of the value of a firm's technological advancement, the newness of its technology, and industry turbulence on the probability of failure. We find during periods of low technological turbulence, firms utilizing new technologies to create significant technological advances, face a higher probability of failure. During periods of high technological turbulence, firms using older technology to develop significant technological advancements face lower probabilities of failure.
机译:利用包含从1975年到1994年发给集成电路(IC)制造商的所有美国专利的数据库,我们分析了公司在不同技术动荡水平上追求技术的决定。我们研究了企业技术进步的价值,其技术的新颖性以及行业动荡对失败概率的影响。我们发现,在技术动荡较低的时期,利用新技术创造重大技术进步的公司面临更大的失败可能性。在技​​术动荡时期,使用较旧技术来取得重大技术进步的公司面临的失败概率较低。

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