Coevolutionary cycles of convergence: An extrapolation from the ICT industry

Hacklin, Fredrik; Marxt, Christian; Fahrni, Fritz

doi:10.1016/j.techfore.2009.03.003

Cited by 186 publications

(107 citation statements)

References 23 publications

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“…In this regard, existing studies examine the sources of industry convergence and suggest two major precursors of industry convergence: first, technology convergence [1,9,14,26,27] and, second, applicational convergence [5,10,23,[28][29][30][31][32] (other researchers call this type of convergence "market convergence" [1,7,15]). Technology convergence generated by the combination of extant technologies replaces established technological paradigms, resulting in industry convergence that will disrupt the value chain of the existing industry [10].…”

Section: Literature Reviewmentioning

confidence: 99%

“…Applicational convergence occurs when market competition promotes firms' technological innovation [33], which eventually overshoots the market at some point [34]. To overcome this market saturation, firms pursue convergence in the form of new applications, products, or services that provide the customer with value and differentiation vis-à-vis competitors-that is, applicational convergence [9,35]. To achieve successful applicational convergence, these firms need knowledge and capabilities vis-à-vis the new features of converged industries in which they were previously uninterested [13,36] and engage in interfirm relationships across industries as well as carry out open innovation activities, such as divestment, strategic alliances, joint ventures, mergers and acquisitions (M&As), and patent licensing, or demand articulation from the market [1,[37][38][39][40].…”

Section: Literature Reviewmentioning

confidence: 99%

“…This is because newspaper articles include publicly announced interorganizational information, such as competitive actions against rivals, the formation of M&As, strategic alliances or joint ventures, engagement in joint research and development (R&D), and patent licensing with other companies that even belong to different industries. However, it is challenging to obtain this information from other public sources [9]. In this research, we thus use a newspaper article dataset to measure the degree of industry convergence and investigate its emergence and diffusion pattern and characteristics.…”

Section: Literature Reviewmentioning

confidence: 99%

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Diffusion Patterns in Convergence among High-Technology Industries: A Co-Occurrence-Based Analysis of Newspaper Article Data

et al. 2016

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Firms in high-technology industries have faced great technological and market uncertainty and volatility in the past few decades. In order to be competitive and sustainable in this environment, firms have been pursuing technological innovation, product differentiation, vertical integration, and alliances, which eventually drive industry convergence, defined as the process of blurring boundaries between previously distinct industries. Although industry convergence has greatly affected industrial structure and the economy, little research has investigated this phenomenon, especially its diffusion patterns; thus, it is still unclear which industries are converging more rapidly or have a higher potential for convergence. This paper explores these issues by investigating industry convergence in U.S. high-technology industries, using a large set of newspaper articles from 1987 to 2012. We perform a co-occurrence-based analysis to obtain information on industry convergence and estimate its diffusion patterns using an internal-influence logistic model. We find heterogeneous diffusion patterns, depending on convergent-industry pairs and their wide dispersion. In addition, we find that the potential degree of industry convergence is significantly negatively associated with its growth rate, which indicates that a great deal of time will be required for industry convergence between high-technology industries with this high potential to achieve a high degree of convergence.

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Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

Section: Literature Reviewmentioning

confidence: 99%

See 1 more Smart Citation

Diffusion Patterns in Convergence among High-Technology Industries: A Co-Occurrence-Based Analysis of Newspaper Article Data

et al. 2016

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“…In recent industry developments within information technology (IT), bio-technology (BT) and nano-technology (NT), the convergence of technologies and knowledge bases has induced a variety of industrial points of inflection. Hence, industry boundaries have become blurred, and innovation does not take place within previously existing industrial silos anymore, but rather between them (Hacklin et al, 2009). …”

Section: Introductionmentioning

confidence: 99%

“…Stieglitz (2003) suggested a similar classification but the dimension of supply/demand with the dimension of technology-based/product-based. Studies of Hacklin (2008) and Hacklin et al (2009) developed and discussed a process of four sequential convergence stages, which are knowledge, technology, application and industry convergence, with an evolutionary perspective. Curran and Leker (2011) discussed how to measure convergence under the sequential process which is evolving when scientific disciplines and technologies and/or markets have converged.…”

Section: Introductionmentioning

confidence: 99%

Convergence in Information and Communication Technology (ICT) Using Patent Analysis

Kim

Koh

2014

JISTEM USP

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Since the 1990s, information and communication technology (ICT) has been perceived as the critical technology for economic development, and the ICT industry itself has been growing exceptionally fast. Moreover, technology convergence in ICT has received particular attention. ICT innovations diffuse into existing products and thus come to form a new integral part of the goods. This is an exploratory research to examine technology convergence of the supply side as a firm level in the ICT sector using International Patent Classification (IPC) of 43,636 sample patents from 1995 to 2008. This study finds a degree of merger and relationships between different technology domains through the association rule mining of patent coclassification. This type of analysis helps companies to take strategies under the environment of technological trajectory change.

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Developing Knowledge Convergence through a Boundaries Vision—A Case Study of Fujifilm in Japan

Kodama

Shibata

2016

Knowl Process Manag

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In recent years, there has been a growing need for strategies that provide for convergence in the development of products and services and building of business models that integrate different technologies and services and span different industries. The question is: What kind of strategies and organizations should a company construct for R&D activities to develop new products, services, and business models that will be realized through the integration of different technologies and convergence across industries? The key concept in a company's actions for adapting to (or creating) a worldview of such convergence lies in knowledge convergence through a boundaries vision, which this paper discusses. The paper presents a case study that analyzes in detail the R&D framework of Fujifilm as a company that achieved success in new business areas by realizing knowledge convergence through a boundaries vision. In the days of analogue photographs, Fujifilm stood alongside Kodak of the USA as a leading brand in the photo industry. Foreseeing the steady decline of the analogue business, however, it moved into other business sectors such as pharmaceuticals, health care, and cosmetics as a new departure that it refers to as the “second foundation” and, in so doing, achieved spectacular success. The main objective in its R&D strategy for the second foundation was to “create new value.” To do this, Fujifilm sets its sights on achieving what it described as “intellectual fusion” (by combining and integrating different fields and technologies) and “innovation” (by creating new, differentiated technologies) and, as a result, to contribute to society. We will now analyze the mechanism of knowledge convergence through boundaries vision in Fujifilm's R&D and new business strategy for supporting its second foundation, which was a key factor in its successful business transformation. Copyright © 2016 John Wiley & Sons, Ltd.

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Coevolutionary cycles of convergence: An extrapolation from the ICT industry

Cited by 186 publications

References 23 publications

Diffusion Patterns in Convergence among High-Technology Industries: A Co-Occurrence-Based Analysis of Newspaper Article Data

Diffusion Patterns in Convergence among High-Technology Industries: A Co-Occurrence-Based Analysis of Newspaper Article Data

Convergence in Information and Communication Technology (ICT) Using Patent Analysis

Developing Knowledge Convergence through a Boundaries Vision—A Case Study of Fujifilm in Japan

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