Market, regulation and technology regime: implication for China mobile phones industry

Emerald - 2009
WenxiangSun1, JishengPeng2, JuelinMa3, ShihongWang4
1School of Management, Nanjing Audit University, Nanjing, People's Republic of China and School of Economics, Shandong University, Jinan, People's Republic of China
2School of Business, Nanjing University, Nanjing, People’s Republic of China
3Business Administration School, Nanjing University of Finance & Economics, Nanjing, People's Republic of China
4School of Management, Nanjing Audit University, Nanjing, People's Republic of China

Tóm tắt

PurposeThe purpose of this paper is to prove that the technology that customers accept is sometimes not the most advanced, but backward, and to explain why different technologies could coexist under certain market situations and government regulations.Design/methodology/approachA general model was developed to analyze choice of technology regime under evolution of market demand and government regulation led by evolutionary economics.FindingsMarket demands and government regulations can affect the change of technology regime deeply, regardless of the level of certain technology. With the change of environment factors which affect China's mobile phones technological evolution, this paper testifies to the rationality and inevitability of PHS's market success and indicates that government regulations would impact the technological choice and lead to some technology market success, but it would lead to low efficiency of resources allocation.Originality/valueThe paper provides an instrument for analyzing the co‐evolution of market demand, government regulation and technology regime.

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Tài liệu tham khảo

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