Established firms frequently face difficulties in managing technological discontinuities, while successful firms are often found among new entrants. From the perspective of an established firm, we will identify a set of factors influencing how such a firm fares through a transition. These factors operate at different units of analysis: the technology, the firm, the industry, the technological system and the regionation. We will explore each of these, integrate them and develop a frame of reference for analysing the conditions under which a firm will come out of a technological transition successfully. [References: 59]
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