Arrested Development: The Experience of European Hard Disk Drive Firms in Comparison with U.S. And Japanese Firms

Posted: 7 Oct 1999

See all articles by Henry Chesbrough

Henry Chesbrough

Harvard University - Entrepreneurial Management Unit; University of California, Berkeley - Haas School of Business

Abstract

This paper analyzes how U.S., Japanese, and European HDD firms responded to technological shifts in the hard disk industry from 1973 through 1996. Leading incumbent U.S. HDD firms were frequently forced out of the market. Leading Japanese incumbent firms in the same industry, however, were not displaced by these changes. U.S. startup firms thrived under these technological shifts, displacing U.S. incumbent firms. Japanese startups did poorly. European firms encountered the worst of both worlds: its incumbent firms were frequently displaced by technological changes, as were U.S. firms, while startup firms (with one exception) performed as poorly as those in Japan.

JEL Classification: O31, O32

Suggested Citation

Chesbrough, Henry, Arrested Development: The Experience of European Hard Disk Drive Firms in Comparison with U.S. And Japanese Firms. Available at SSRN: https://ssrn.com/abstract=179558

Henry Chesbrough (Contact Author)

Harvard University - Entrepreneurial Management Unit ( email )

Cambridge, MA 02163
United States
617-495-5037 (Phone)
617-496-4072 (Fax)

University of California, Berkeley - Haas School of Business ( email )

545 Student Services Building, #1900
2220 Piedmont Avenue
Berkeley, CA 94720
United States
510-643-2067 (Phone)

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