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Understanding when entrants might have an advantage over an industry’s incumbent firms in developing and adopting new technologies is a question which several scholars have explained in terms of technological capabilities or organizational dynamics. This paper proposes that the value network—the context within which a firm competes and solves customers’ problems—is an important factor affecting whether incumbent or entrant firms will most successfully innovate. In a study of technology development in the disk drive industry, the authors found that incumbents led the industry in developing and adopting new technologies of every sort identified by earlier scholars—at component and architectural levels; competency-enhancing and competency-destroying; incremental and radical—as long as the technology addressed customers’ needs within the value network in which the incumbents competed. Entrants led in developing and adopting technologies which addressed user needs in different, emerging value networks. It is in these innovations, which disrupted established trajectories of technological progress in established markets, that attackers proved to have an advantage. The rate of improvement in product performance which technologists provide may exceed the rate of improvement demanded in established markets. This mismatch between trajectories enables firms entering emerging value networks subsequently to attack the industry’s established markets as well.

Aims to assess the potential for a broad “green” technoeconomic paradigm (TEP) to effectively achieve and sustain higher levels of welfare from economic and environmental sources in manylower income countries (LIC). A green TEP comprises a new socioeconomic system based upon a set of inter‐related technologies that increase human welfare, but focus upon saving material, energy and other environmental resources. TEPs have pervasive social and economic effects that include substantial productivity, trade competitiveness, and environmental quality advantages. The desirability of such economic change must incorporate the general approach of social economics and alternative notions of well‐being.

The paper is largely discursive in nature and provides a systematic identification of the LIC conditions that are likely to promote, and benefit from, the pervasive adoption of material‐ and energy‐saving technologies. Some results of an exploratory cross‐country study of the empirical link between technology capability and the human development index (HDI) are utilized in the discussion.

The paper concludes that a green TEP may well provide a viable alternative development approach in the LICs. The main advantages are derived from related resource efficiency gains and reductions in the socioeconomic metabolism, and the benefits of a relative production factor shift toward labor (and away from materials, energy, and environment‐intensive capital). The potential for LICs is also facilitated by the positive spillovers and decreasing cost of green TEP‐related knowledge and technology diffusion in the expanding, decentralizing global communication network. The higher income nations would need to play a significant role in this process.

Ecological modernisation and material and energy‐saving technologies are widely viewed as essential for achieving long‐term economic and social well‐being improvements in the twenty‐first century and beyond. Discussion of this promising approach typically assumes that this transformation is only viable in the technological and economic context of the higher income nations. However, this paper provides a detailed case for the strategic encouragement and adoption of a green TEP for sustainable economic development and environmental conditions in LICs.

To answer the questions: what roles windows of opportunity act in the catchup process of latecomers, what strategies latecomer enterprises should adopt to size windows of opportunity to catch-up with incumbents even going beyond?

This paper studies the catch-up history of the Chinese mobile phone industry and proposes a sectoral innovation system under scenario of technology paradigm shifts. Then a history-friendly simulation model and counterfactual analysis are conducted to learn how different windows of opportunity and catch-up strategies influence the catch-up performance of latecomers.

Results show latecomers can catch up with technology ability by utilizing technology window and path-creating strategy. However, catching up with the market is not guaranteed. Demand window can help latecomers to catch up with market as it increases their survival rates, different sized windows benefit different strategies. However, it also enlarges incumbents' scale effect. Without technology window technology catch up is not guaranteed. Two windows have combination effects. Demand window affects the “degree” of change in survival rates, while the technology window affects the “speed” of change. Demand window provides security; technology window provides the possibility of a breakthrough for technology ability.

The findings of this paper provide theoretical guidance for latecomer enterprises to choose appropriate catch-up strategies to seize different opportunity windows.

This paper emphasizes the abrupt change of industrial innovation system caused by technology paradigm shifts, which makes up for the shortcomings of previous researches on industrial innovation system which either studied the influence of static factors or based on the influence of continuous changes.

The purpose of this paper is to present a conceptual framework of the relationship between technological transitions and hegemonic transitions in the international system from a historical perspective and discuss its consequences for technologically dependent countries and regions.

This paper analyzes the relationship between technological transitions and hegemonic transitions in the international system from a historical perspective. It then constructs four possible transition scenarios for China's international order and the USA's central role in defining the international order. IT closes with a discussion of how changes in ICT and global health public goods can impact China's position in the international order and opportunities for Latin America–China technology partnerships.

Historically, technological transitions and hegemonic transitions in the international system simultaneously occur, with the country winning the technological dispute emerging as the international system's hegemon. The USA and China are currently involved in technological races in several next-generation technologies. The outcome of these technological races will define each country's position in the international system in the coming decades and the transformations in the international order.

This paper is limited to discussing the technologies/sectors: ICT, specifically 5G, and AI technologies, and medical technologies with the potential of global public health goods. Research on other technologies/sectors will provide a deeper understanding of the likely outcomes of the current technological transition and its implications for the balance of power in the international system.

This paper makes a case for Latin American countries to (1) engage in a pragmatic bargain with China and the USA to establish technological partnerships in emerging technologies and (2) to develop national technology strategies aimed at promoting autonomous technology development capabilities.

This paper addresses the need for Latin America to take a strong stance for technological autonomy, stressing the differences in buying technology and making technology.

This paper presents an original framework of the relationship between technological transitions and hegemonic transitions in the international system. It discusses how technological leadership impacts the international order by establishing relations of technological dominance and technological dependency.

This paper aims to discuss the possibility that Hyperloop using air levitation technology would create a revolution in the future industry of transportation. It also analyses the financing dimension in bringing Hyperloop technology towards full-scale commercialisation.

The study uses a case study of SpaceX Hyperloop. The analyses if Hyperloop would bring about a paradigmatic shift in the transportation industry are based on the classical economic theories of technology S-curves (Utterback and Abernathy, 1975; Fisher and Pry, 1971) and Schumpeter’s model of economic development (Schumpeter, 1939, 1967). The three factors influencing a paradigmatic change (a shift in technoeconomic paradigm) according to Freeman and Perez (1988) are also explored.

The analyses of findings have shown that Hyperloop has not yet met three factors influencing a paradigmatic change. However, the Hyperloop technology has the potential to create a new market of mass transportation. In terms of technology financing, SpaceX needs the right financing infrastructure – corporate venture arm, the crowdfunding platform, initial coin offering, as well as debt and equity financing to accelerate the process of commercialisation. As the project moves forward, Hyperloop technology would create a market for itself (innovation to create the demand and not demand to create innovation).v

Although the body of literature on technology management is already voluminous, there has been a scarcity of past research devoted to elucidating the technology disruption and technology financing. This research study has applied the concepts of technology S-curves to better understand if SpaceX Hyperloop would bring about a paradigm shift or revolution in the future of the transportation industry. The research findings would help fill an identified knowledge gap in the body of research in technology disruption and financing.

Evidence‐based medicine (EBM) is a technical and scientific paradigm in clinical practice that has delivered major improvements in the outcome of care in medicine and surgery. However, its value in psychiatry is much less clear. The purpose of the paper is thus to examine its value by subjecting empirical evidence from EBM to a conceptual analysis using the philosophy of Thomas Kuhn.

The authors examine evidence drawn from meta‐analyses of RCTs investigating the efficacy of specific treatments for depression in the form of antidepressant drugs and CBT. This shows that the non‐specific aspects of treatment, the placebo effect and the quality of the therapeutic alliance as seen by the patient, are more important in determining outcome than the specific elements (active drug, specific therapeutic elements of CBT).

Using the philosophy of Thomas Kuhn, it is shown that these non‐specific and non‐technical elements are anomalies that indicate that the technological paradigm in the treatment of depression is fundamentally flawed.

Non‐specific elements of mental health care are essential in fostering hope, trust and meaning. They constitute non‐technical factors that are central to the concept of caring, and vital for recovery, and which resonate strongly with the growth of survivor and user‐led systems of support for people who experience distress and madness. As such they pose a major challenge to scientific psychiatry and mental health services based in this. The analysis has major implications for the primacy of the natural sciences in the education and training of those involved in mental health work, and demonstrates the importance of an open debate about the value of the scientific imagination in mental health work.

This paper is important because it supports user‐led self‐defined notions and understandings of recovery, and does so using a philosophical conceptual analysis.

This conceptual analysis is highly original. To the authors' knowledge no one has subjected EBM to a detailed conceptual analysis using the ideas of Thomas Kuhn.

In an increasingly volatile and complex market environment, adaptability becomes essential to success. Basic to every manufacturing strategy is the identification of the technological means of meeting the firm’s competitive priorities. But what should guide the decision‐making process regarding which capabilities to develop, given rapid change and uncertain outcomes? Current manufacturing strategy models fall short of explaining how firms adapt to technological change and what is the source of that change. To meet this need, we can turn to evolutionary economics. The model presented in this paper holds that technologically embodied trade‐offs change the practices of technology users, creating momentum along existent trajectories. The paper reports evidence to support the model, gathered through a series of interviews with technology users, suppliers, and service providers. The findings indicate that manufacturing strategy forms a critical link not only in firms’ ability to adapt to change in their environments, but also in their ability to knowingly shape their futures.

Managerial decision making regarding using organizational forms methodology to develop technological innovations in the context of technological strategy has not been the subject of a prolific number of studies; nevertheless, it has proven to be an important matter. This is particularly notable in the Iberoamerican context, where a theoretical framework has not been developed yet. It is within such a context that this empirical research intends to determine the organizational forms used by companies of the machine‐tool sector of the Basque Country in their implementation of processes of technological innovation. This research is supported by the theoretical framework provided by transaction cost economics, evolutionary economics, and competitive strategy theories. It also uses the contrasting approach as a starting point for proposing some extensive ideas on this issue.

Since the onset of the industrial revolution in England during the late 18th century, it has become increasingly clear how advances in technology have played a pivotal role in delivering wealth-creating economic growth, ranging from major advances in the generation of industrial power, initially through steam engines (e.g. successively by Nucomen, Watt and Trevithick), to the design of labour saving industrial machinery and working practices (Smith, 1776; Marx, 1867; Solow, 1957; Denison, 1967; Mansfield, 1968; Freeman, 1982). These advances have not merely resulted in industrial progress but have triggered changes in industrial location (e.g. water powered to coalfield sites in the cotton textile industry) (Riley, 1973), dictated population distributions and fixed the positions of major industrial cities within national and world regions. Indeed, perhaps, the most ambitious attempt to establish the major impact of revolutionary technological change on macro-level industrial performance was the explanation by Schumpeter of Kondratiev's ‘long wave’ industrial cycles (Kondratiev, 1925) in which upswings in world economic activity were linked to the introduction of pervasive new technologies caused by their ability to reduce unit prices, increase efficiency and be broadly applicable across large sectors of industry (e.g. stream and electric power) (Schumpeter, 1939; Freeman, 1986).

The purpose of this paper is to explore the strategy for latecomers in large developing countries under globalization. The relationship between innovation and learning is deeply studied.

The paper formulates an in‐depth case study on the digital video player industry through consideration of government documents, reports, and research papers; intensive interviews; and questionnaire study.

The firms in developing countries might be able to innovate before they can match the firms in advanced countries in technological capabilities, and innovation is the most effective way of learning. The firms can achieve competitive advantage owing to the effect of the national value network, the nature of architectural technology, and the relationships between them in product development. The national market should be deliberately taken as a strategic asset for the technological learning and latecomers should learn how to exploit the advantage of globalization.

The paper tries to understand how firms in developing countries conduct learning by innovating to build their competitive advantages.