A community-level analysis of sources and rates technological variation in the microprocessor market

Article Abstract:

This research sought to identify the sources and rates of technological variation in an industry using a community-level framework. Using data on all merchant producers of microprocessors from 1971 to 1989, I found that new entrants were the sources of most new designs. The rate at which design sponsors entered the market follows organizational ecology's density-dependence model. Further, increasing market concentration increased the entry rate of new firms, most of which sponsored architectural innovations, suggesting that the emergence of a dominant design may paradoxically promote new approaches and technologies. (Reprinted by permission of the publisher.)

Semiconductors and related devices, Semiconductor and Related Device Manufacturing, Microprocessor Chips, Research, Innovations, CPUs (Central processing units), Microprocessors, Technological innovations

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IRBs Can Be Cost Effective

Article Abstract:

The use of industrial revenue bond (IRB) financing by the state legislatures is examined. An evaluation of the effectiveness of IRB financing has been inconclusive. The benefits obtained by using IRB financing are presented.

Laws, regulations and rules, Finance, State government, Revenue

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