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Innovation ecosystems and the pace of substitution: Re‐examining technology S‐curves

Ron Adner, Rahul Kapoor · 2015 · Strategic Management Journal

Summary. This paper explains why some new technologies rapidly replace older ones while others take decades to gain traction. The authors develop a framework examining both competing technologies and their surrounding ecosystems. They identify four distinct patterns based on how easily new technology ecosystems can emerge and how much old technology ecosystems can extend. Analysis of ten technology transitions in semiconductor lithography equipment from 1972 to 2009 confirms their predictions about substitution speed.

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Adner, R., & Kapoor, R.. (2015). Innovation ecosystems and the pace of substitution: Re‐examining technology S‐curves. Strategic Management Journal. https://doi.org/10.1002/smj.2363

Details

DOI
10.1002/smj.2363
Countries
United States
Regions
North America
Categories
innovation-theory, regional-innovation-systems, general-innovation
Added
2026-04-28