The Evolution of New Industries and the Determinants of Market Structure

The Evolution of New Industries and the Determinants of Market Structure
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DOI:
10.2307/2555491
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发表时间:
1990-01
期刊:
The RAND Journal of Economics
影响因子:
--
通讯作者:
S. Klepper;E. Graddy
S. Klepper;E. Graddy
中科院分区:
其他
文献类型:
--
作者:
S. Klepper;E. Graddy

文献摘要

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通过对主要成熟产业的研究,得出了企业增长率和行业企业规模分布的几个经验规律。本文的主要目的是汇集和扩展关于新行业发展的经验规律,并利用这些规律进一步深入了解控制行业发展的力量。为了解释这些规律,本文构建了一个模型,该模型强调了控制行业早期演变的因素如何在成熟时塑造其市场结构。它强调影响行业潜在进入者的数量、现有企业的增长率和行业领导者的模仿难易程度的偶然事件和外生因素将如何影响行业中企业的最终数量和规模分布。
Several empirical regularities concerning firm growth rates and industry firm-size distributions have been developed by studying primarily mature industries. The primary purpose of this article is to bring together and extend empirical regularities on the evolution of new industries and to use these regularities to gain further insight into the forces governing industry evolution. To explain these regularities, a model is constructed which emphasizes how factors governing the early evolution of industries may shape their market structure at maturity. It stresses how chance events and exogenous factors that influence the number of potential entrants to the industry, the growth rate of incumbents, and the ease of imitation of industry leaders will influence the ultimate number and size distribution of firms in the industry.