The Emergence of Disruption

Christian Buchta; David Meyer; Andreas Mild; Alexander Pfister; Alfred Taudes

doi:10.57938/8938e174-9cf2-4b0f-94f2-8bf5e3f36001

The Emergence of Disruption

Christian Buchta, David Meyer, Andreas Mild, Alexander Pfister, Alfred Taudes

Publication: Working/Discussion Paper › WU Working Paper

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Abstract

We study the influence of technological efficiency and organizational inertia on the emergence of competition when firms decide myopically. Using an agent-based computer simulation model, we observe the competitive reaction of a former monopolist to the advent of a new competitor. While the entrant uses a new technology, the monopolist is free either to stick to his former technology or to switch to the new one. We find that?irrespective of details regarding the demand side?a change of industry leadership occurs only if the new (?disruptive?) technology is not too efficient and organizations are inert. (author's abstract)

Original language	English
Place of Publication	Vienna
Publisher	SFB Adaptive Information Systems and Modelling in Economics and Management Science, WU Vienna University of Economics and Business
DOIs	https://doi.org/10.57938/8938e174-9cf2-4b0f-94f2-8bf5e3f36001
Publication status	Published - 2002

Publication series

Series	Working Papers SFB "Adaptive Information Systems and Modelling in Economics and Management Science"
Number	90

WU Working Paper Series

Working Papers SFB \Adaptive Information Systems and Modelling in Economics and Management Science\

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10.57938/8938e174-9cf2-4b0f-94f2-8bf5e3f36001Licence: Unspecified

DocumentFinal published version, 761 KBLicence: Unspecified

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University Library Catalogue

Adaptive information systems and modelling in economics and management science - Initiative 5: Artificial factory
Taudes, A. (PI - Project head), Feurstein, M. (Researcher), Mild, A. (Researcher) & Natter, M. (Researcher)
1/04/97 → 31/03/03
Project: Other
Adaptive modelling in economics and management science
Hornik, K. (PI - Project head)
1/04/97 → 31/03/03
Project: Other
Adaptive Modelling - Market segmentation and product positioning
Mazanec, J. (PI - Project head), Buchta, C. (Researcher), Dolnicar, S. (Researcher) & Reutterer, T. (Researcher)
1/01/97 → 31/03/03
Project: Other

Cite this

Buchta, C., Meyer, D., Mild, A., Pfister, A., & Taudes, A. (2002). The Emergence of Disruption. (July 2002 ed.) SFB Adaptive Information Systems and Modelling in Economics and Management Science, WU Vienna University of Economics and Business. Working Papers SFB "Adaptive Information Systems and Modelling in Economics and Management Science" No. 90 https://doi.org/10.57938/8938e174-9cf2-4b0f-94f2-8bf5e3f36001

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author = "Christian Buchta and David Meyer and Andreas Mild and Alexander Pfister and Alfred Taudes",

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Buchta, C, Meyer, D, Mild, A, Pfister, A & Taudes, A 2002 'The Emergence of Disruption' Working Papers SFB "Adaptive Information Systems and Modelling in Economics and Management Science", no. 90, July 2002 edn, SFB Adaptive Information Systems and Modelling in Economics and Management Science, WU Vienna University of Economics and Business, Vienna. https://doi.org/10.57938/8938e174-9cf2-4b0f-94f2-8bf5e3f36001

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The Emergence of Disruption

Abstract

Publication series

WU Working Paper Series

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Projects

Adaptive information systems and modelling in economics and management science - Initiative 5: Artificial factory

Adaptive modelling in economics and management science

Adaptive Modelling - Market segmentation and product positioning

Cite this