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Technology Change and the Rise of New Industries - Stanford Scholarship Online
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Technology Change and the Rise of New Industries

Jeffrey L. Funk


This book explores why new industries emerge at specific moments in time and in certain countries. Part I shows that technologies which experience “exponential” improvements in cost and performance have a greater chance of becoming new industries. When “low-end” discontinuities incur exponential improvements, they often displace the dominant technologies and become “disruptive” innovations. Part II explores this phenomenon and instances in which discontinuities spawn new industries because they impact higher-level systems. Part III addresses a different set of questions—ones that consider the ... More

Keywords: new industries, technology, electronic industries, clean energy, costs, performance, low-end innovations, disruptive innovations, new technology

Bibliographic Information

Print publication date: 2013 Print ISBN-13: 9780804783859
Published to Stanford Scholarship Online: June 2013 DOI:10.11126/stanford/9780804783859.001.0001


Affiliations are at time of print publication.

Jeffrey L. Funk, author