Resource Reconfiguration During Technological Change

2021 ◽  
Author(s):  
Tuhin Chaturvedi ◽  
John E. Prescott
Keyword(s):  
Technological Change ◽  
New Technology ◽  
Digital Camera ◽  
Empirical Support ◽  
The Novel ◽  
Technology Alliances ◽  
Strategic Imperative ◽  
Technology Orientation ◽  
Resource Reconfiguration ◽  
Partial Acquisition

A central strategic imperative for surviving technological change requires firms to attenuate the inertia and rigidity imposed by its legacy technology orientation (defined as the relative emphasis placed on technological knowledge and products aligned to an incumbent technology) and successfully transition to a new technology. We theorize that resource reconfiguration through corporate scope decisions—alliances, acquisitions, divestitures, and different postacquisition integration approaches—enables firms to achieve the twin requirements of attenuation and transition. Initially, a legacy technology orientation exerts inertia due to legacy reinforcement—decreasing the likelihood of firms making new technology acquisitions and legacy technology divestitures. New technology alliances mitigate this inertia via legacy attenuation—increasing the likelihood of acquisitions and legacy divestitures. Finally, when firms make new technology acquisitions, we theorize that acquirers choosing partial acquisition integration approaches (partial integration and partial autonomy) are more likely to achieve a successful transition to the new technology-legacy transition and, thus, more likely to survive technological change relative to firms choosing full integration or full autonomy. Using a sample of firms from the digital camera product market over 1991–2006, we found strong empirical support for our predictions. We contribute to research on technological change by demonstrating that firms may overcome the inertia of a legacy technology orientation and adapt to an emerging new technology by employing corporate scope decisions and postacquisition integration as resource reconfiguration mechanisms. Specifically, we advance the novel finding that postacquisition integration is an important survival-enhancing mechanism that facilitates adaptation to technological change.

Technological Change and the International System

2021 ◽  
Vol 73 (3) ◽  
pp. 545-589 ◽  
Author(s):  
Helen V. Milner ◽  
Sondre Ulvund Solstad
Keyword(s):  
Technology Adoption ◽  
Technological Change ◽  
Technology Use ◽  
New Technologies ◽  
Causal Effect ◽  
International System ◽  
New Technology ◽  
World Politics ◽  
Adoption Of Technology ◽  
Adoption Of New Technology

ABSTRACTDo world politics affect the adoption of new technology? States overwhelmingly rely on technology invented abroad, and their differential intensity of technology use accounts for many of their differences in economic development. Much of the literature on technology adoption focuses on domestic conditions. The authors argue instead that the structure of the international system is critical because it affects the level of competition among states, which in turn affects leaders’ willingness to enact policies that speed technology adoption. Countries adopt new technology as they seek to avoid being vulnerable to attack or coercion by other countries. By systematically examining states’ adoption of technology over the past two hundred years, the authors find that countries adopt new technologies faster when the international system is less concentrated, that changes in systemic concentration have a temporally causal effect on technology adoption, and that government policies to promote technology adoption are related to concerns about rising international competition. A competitive international system is an important incentive for technological change and may underlie global technology waves.

The Impact of Technological Change on Incentive Provision

2009 ◽  
pp. 5-36
Author(s):  
Maurizio Lisciandra
Keyword(s):  
Technological Change ◽  
New Technology ◽  
Agency Problem ◽  
Optimal Solution ◽  
Jel Classification ◽  
High Rate ◽  
Incentive Pay ◽  
Iron And Steel ◽  
Piece Rate ◽  
The Impact

- The simple trade-off between incentive and risk, which is crucial to the agency problem, is not a sufficient explanation for the ineffectiveness of a specific output-related pay such as the contract system adopted in the US iron and steel industry during the second half of the nineteenth-century. The high rate of technological innovation along with workers' extensive bargaining power made output-related pay a sub-optimal solution. This stylised fact unveils the conflicting nature of piece-rate pay compared to fixed pay as new technology is introduced and stimulates an analysis of the interaction between technological change, bargaining powers, and payment systems which can be conducive to a better understanding of the agency problem and the use of incentive pay. Key words: Incentive Contracts, Inside Contracting, Unions, Technological Change. JEL Classification: J33, J51, N31, O33

A Case of an IT-Enabled Organizational Change Intervention

2012 ◽  
pp. 190-212
Author(s):  
Bing Wang ◽  
David Paper
Keyword(s):  
Information Technology ◽  
Organizational Change ◽  
Change Management ◽  
New Technology ◽  
The Novel ◽  
New Paradigm ◽  
It Implementation ◽  
Perceived Change ◽  
Change Event

This case study documents an organizational change intervention concerning the implementation of a novel information technology at a university-owned research foundation (URF). It evidences the disparate expectations and reactions by key actors toward the change event, marking a mismatch between a new paradigm required by the new technology and existing information technology practices. Drawing upon change management and management information systems (MIS) literature, the authors discuss the perceived change management issues hindering the change process at URF. The discussion is tempered by a theoretical lens that attempts to integrate the literature bases drawn upon in this research. In particular, resistance from in-house IT specialists was observed as the strongest force obstructing the novel IT implementation. This study offers a forum to stimulate both researchers and practitioners to rethink the necessary elements required to enact change, especially with respect to novel IT implementations.

The Novel Model of Building and Energy Engineering with New Building Materials Based on IPv6 Technology

2013 ◽  
Vol 738 ◽  
pp. 141-144
Author(s):  
Guo Fang Kuang ◽  
Zhao Feng Sun
Keyword(s):  
Building Materials ◽  
High Efficiency ◽  
New Technology ◽  
The Novel ◽  
Ip Address ◽  
Construction Engineering ◽  
Encryption And Authentication ◽  
Effective Use ◽  
Novel Model ◽  
Energy Engineering

New building materials variety and yield is developing with hitherto unknown speed, construction engineering development if the effective use of new building materials will be excellent performance of new technology. Novel building materials can significantly reduce the weight of buildings, to promote the light construction structure created the conditions. IPv6 is not only a good solution to the problem of the lack of IP address, but also due to the introduction of encryption and authentication mechanisms to make it a better improvement in the network. The paper presents the novel model of building and energy engineering based on IPv6 technology. Experimental results show that the proposed method has high efficiency.

scholarly journals Photo Scanner 3D Survey for Monitoring Historical Monuments. the Case History of Porta Praetoria in Aosta

2011 ◽  
Vol 6 ◽  
pp. 314-322 ◽  
Author(s):  
Paolo Salonia ◽  
Tommaso Leti Messina ◽  
Andrea Marcolongo ◽  
Lorenzo Appolonia
Keyword(s):  
Cultural Heritage ◽  
New Technology ◽  
Digital Camera ◽  
Point Clouds ◽  
3D Models ◽  
Stone Decay ◽  
Decay Kinetics ◽  
Image Block ◽  
Building Site ◽  
Historical Monuments

Accessibility to cultural heritage is one of the most important factors in cultural heritage preservation, as it assures knowledge, monitoring, Public Administration management and a wide interest on cultural heritage sites. Nowdays 3D surveys give the geometric basis for an effective artefact reconstruction but most of the times 3D data are not completely and deeply investigated to extract other useful information on historical monuments for their conservation and safeguard. The Cultural Heritage Superintendence of Aosta decided to run a time continual project of monitoring of the Praetorian Roman Gate with the collaboration of the ITABC, CNR of Italy. The Praetorian Roman Gate in Aosta, Italy, of Augustus ages, is one of the most well-known roman monumental gates, it is a double gate with three arches each side, 12 meters high, 20 meters wide, made of pudding stone ashlars, Badoglio, travertine, marble blocks and other stone insertion due to restorations between 1600 and 1950. In years 2000 a final restoration intervention brought the gate at the present state of art, within the frame of a restoration and conservation building site with the purpose of treat the different decay pathologies and conditions. A complete 3D geometric survey campaign has been the first step for the monitoring of the gate morphologic changes and decay progress in time. The main purpose is to collect both quantitative data, related to the geometry of the gate, and the qualitative data, related to the chromatic change on the surface due to the stone decay. The geometric data with colour information permits to associate materials and stone pathologies to chemical or mechanical actions and to understand and analyse superficial decay kinetics. The colours survey will also permit to directly locate on the 3D model areas of different stratigraphic units. The project aims to build a rigorous quantitative-qualitative database so to be uploaded into a GIS. The GIS will become the monitoring main means. Considering the huge dimension of the gate and its urban location a multi-scale approach has been considered. Controlled and free images have been taken from the ground and the top of the gate so to reconstruct all the walls and the upper cover. A topographic survey has been done so to be able to control and relate all the different acquisitions. It has been chosen a Photo Scanner 3D system. It is a photogrammetry-based survey technology for point clouds acquisition and 3D models configuration, from digital images processing. This technology allows to obtain point clouds (xyz coordinates) with RGB information and geometries at different levels of complexity by processing a number of images taken with a limited set of constraints, with the use of a simple acquisition equipment and through an image matching algorithm (ZScan, by Menci Software). Due to the high walls of the arch gates, the higher part has been surveyed with a remote controlled drone (UAV Unmanned Aerial Vehicle) with a digital camera on it, so to take pictures up to the maximum altitude and with different shooting angles ( 90 and 45 degree). This is a new technology which permits to survey inaccessible parts of a high monument with ease and accuracy, by collecting redundant pictures later bound together by an image block algorithm. This paper aims to present the survey experience architectural monuments trough the application of a trifocal quick photogrammetric system, in surveying at different scales and for different purposes.

Female entrepreneurship as a survival strategy: women during the early mechanisation of corn tortilla production in Mexico City

2020 ◽  
Vol 35 (1) ◽  
pp. 75-103
Author(s):  
Aurora Gómez-Galvarriato
Keyword(s):  
Nineteenth Century ◽  
Technological Change ◽  
Mexico City ◽  
Gender Wage Gap ◽  
Mexican Revolution ◽  
Wage Gap ◽  
New Technology ◽  
Survival Strategy ◽  
Female Entrepreneurship ◽  
Corn Tortilla

AbstractUntil the nineteenth -century tortilla production was carried out by women through rudimentary methods. New technology for corn milling spread during the 1910s, coinciding with the Mexican Revolution. The analysis of nixtamal corn mills and tortilla shops in Mexico City in 1924 shows that the mechanisation of milling led to masculinisation and an increase in the gender wage gap. However, since tortilla-making remained unmechanised, it allowed hundreds of women to establish tortilla shops that mostly hired women. Their entrepreneurship can be considered a survival strategy of women confronting a technological change in an era of political, social and economic turmoils.

The Structure of the News Market in Britain, 1870–1914

2009 ◽  
Vol 83 (4) ◽  
pp. 759-788 ◽  
Author(s):  
Jonathan Silberstein-Loeb
Keyword(s):  
Technological Change ◽  
Market Structure ◽  
New Technology ◽  
Post Office ◽  
Adoption Of New Technology

In this essay, I grapple with three main questions: What effect did the nationalization of telegraphy in 1868–70 have on the structure of the news market in Britain? How did this market structure affect the pricing and supply of news? What effects did subsequent technological change have on the structure of the news market? I show that nationalization resulted in a tripartite market arrangement characterized by collusion that benefited the provincial press over the London press, but retarded the productivity of the General Post Office and the adoption of new technology.

scholarly journals Technological Revolutions and Stock Prices

2009 ◽  
Vol 99 (4) ◽  
pp. 1451-1483 ◽  
Author(s):  
Ľuboš Pástor ◽  
Pietro Veronesi
Keyword(s):  
United States ◽  
Equilibrium Model ◽  
Stock Prices ◽  
New Technology ◽  
Empirical Support ◽  
The United States ◽  
Internet Technologies ◽  
Ex Post ◽  
Ex Ante ◽  
High Uncertainty

We develop a general equilibrium model in which stock prices of innovative firms exhibit “bubbles” during technological revolutions. In the model, the average productivity of a new technology is uncertain and subject to learning. During technological revolutions, the nature of this uncertainty changes from idiosyncratic to systematic. The resulting bubbles in stock prices are observable ex post but unpredictable ex ante, and they are most pronounced for technologies characterized by high uncertainty and fast adoption. We find empirical support for the model's predictions in 1830–1861 and 1992–2005 when the railroad and Internet technologies spread in the United States. (JEL G12, L86, L92, N21, N22, N71, N72)

The Process of Technological Change: New Technology and Social Choice in the Workplace.

1989 ◽  
Vol 18 (4) ◽  
pp. 550
Author(s):  
Ross Koppel ◽  
Jon Clark ◽  
Ian McLoughlin ◽  
Howard Rose ◽  
Robin King
Keyword(s):  
Technological Change ◽  
Social Choice ◽  
New Technology

A Photographic Flux Mapping Method for Concentrating Solar Collectors and Receivers

2012 ◽  
Vol 134 (4) ◽  
Author(s):  
Clifford K. Ho ◽  
Siri S. Khalsa
Keyword(s):  
Digital Camera ◽  
Mapping Method ◽  
Test Facility ◽  
The Novel ◽  
Error Sources ◽  
Additional Information ◽  
Direct Normal Irradiance ◽  
Beam Characterization ◽  
Pixel Value ◽  
Relative Errors

A new method is described to determine irradiance distributions on receivers and targets from heliostats or other collectors for concentrating solar power applications. The method uses a digital camera, and, unlike previous beam characterization systems, it does not require additional sensors, calorimeters, or flux gauges on the receiver or target. In addition, spillage can exist and can also be measured (the beam does not need to be contained within the target). The only additional information required besides the images recorded from the digital camera is the direct normal irradiance and the reflectivity of the receiver. Methods are described to calculate either an average reflectivity or a reflectivity distribution for the receiver using the digital camera. The novel feature of this new photographic flux (PHLUX) mapping method is the use of recorded images of the sun to scale both the magnitude of each pixel value and the subtended angle of each pixel. A test was performed to evaluate the PHLUX method using a heliostat beam on the central receiver tower at the National Solar Thermal Test Facility in Albuquerque, NM. Results showed that the PHLUX method was capable of producing an accurate flux map of the heliostat beam on a Lambertian surface with a relative error in the peak flux of ∼2% when the filter attenuation factors and effective receiver reflectivity were well characterized. Total relative errors associated with the measured irradiance using the PHLUX method can be up to 20%–40%, depending on various error sources identified in the paper, namely, uncertainty in receiver reflectivity and filter attenuation.

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