This book develops a novel industry emergence framework to explain
the features, interaction, and synchronization of key elements for
the birth and growth of new industries. Organized around seven
elements-firm strategy, technology, investment, supply networks,
production, markets, and government-Theyel's framework provides
inventors, managers, investors, scholars, and policymakers with a
comprehensive understanding of how industries emerge, helping them
to be more successful at influencing the birth and growth of new
industries. Understanding industry emergence is important because
new industries can offer the advancement of technology,
improvements in human health and the environment, growth of firms,
creation of jobs, and economic development. With learning
objectives, theory, tools, case studies, and end-of-chapter
questions, Industry Emergence will be a useful resource for
students and professionals in engineering, science, business, and
policy.
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