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Research proposal: Industry convergence - Driving forces, factors and consequences

Weaver, Benjamin LU (2007) 19th Business Administration Conference (NFF), 2007 p.1-20
Abstract
Industry convergence – the merger of hitherto separate industries – is a phenomenon that has had a profound effect on several industries and received considerable interest among practitioners and business press over the past decades. Despite this, industry con- vergence has only received limited attention from the academic management field, al- though an emergent discussion on convergence can be identified. Prior research is limited by a lack of coherent theoretical definitions of convergence, and a tendency to focus on technological aspects rather than on consequences for industry structure and individ- ual firms. Moreover, there is lack of empirical work in actual convergent industry set- tings. This research proposal reviews some of the... (More)
Industry convergence – the merger of hitherto separate industries – is a phenomenon that has had a profound effect on several industries and received considerable interest among practitioners and business press over the past decades. Despite this, industry con- vergence has only received limited attention from the academic management field, al- though an emergent discussion on convergence can be identified. Prior research is limited by a lack of coherent theoretical definitions of convergence, and a tendency to focus on technological aspects rather than on consequences for industry structure and individ- ual firms. Moreover, there is lack of empirical work in actual convergent industry set- tings. This research proposal reviews some of the literature on convergence to date, in order to develop a theoretical framework of industry convergence that takes drivers, types and consequences on industry and firm level into account. The preliminary frame- work positions industry convergence as being conceptually and causally distinct from technology convergence, although the two are often intrinsically linked. Industry con- vergence is defined as a process whereby two or more industries – made up of producers of substitute products – converge over time, and where the outcome is uncertain with many alternatives. Two main types of industry convergence are proposed, convergence in substitutes and convergence in complements. With a view to increase the understanding of industry convergence, the preliminary theoretical framework will be applied in a longitudinal case study of the electronic security industry. This sector is currently converging with the IT industry, a process mainly driven by the pervasiveness of Internet Protocol (IP) networking technology, that allows the integration of a number of previously separate security and information systems. (Less)
Please use this url to cite or link to this publication:
author
organization
publishing date
type
Contribution to conference
publication status
submitted
subject
keywords
security industry, convergence, industry convergence, technology, in- dustry structure, strategy, technology convergence
pages
20 pages
conference name
19th Business Administration Conference (NFF), 2007
language
English
LU publication?
yes
id
f0ee977b-b88c-4013-a771-2cb699719436 (old id 1578595)
alternative location
http://www.nhh.no/Files/Filer/institutter/for/conferences/nff/papers/weaver.pdf
date added to LUP
2010-03-22 10:49:53
date last changed
2016-07-13 10:24:56
@misc{f0ee977b-b88c-4013-a771-2cb699719436,
  abstract     = {Industry convergence – the merger of hitherto separate industries – is a phenomenon that has had a profound effect on several industries and received considerable interest among practitioners and business press over the past decades. Despite this, industry con- vergence has only received limited attention from the academic management field, al- though an emergent discussion on convergence can be identified. Prior research is limited by a lack of coherent theoretical definitions of convergence, and a tendency to focus on technological aspects rather than on consequences for industry structure and individ- ual firms. Moreover, there is lack of empirical work in actual convergent industry set- tings. This research proposal reviews some of the literature on convergence to date, in order to develop a theoretical framework of industry convergence that takes drivers, types and consequences on industry and firm level into account. The preliminary frame- work positions industry convergence as being conceptually and causally distinct from technology convergence, although the two are often intrinsically linked. Industry con- vergence is defined as a process whereby two or more industries – made up of producers of substitute products – converge over time, and where the outcome is uncertain with many alternatives. Two main types of industry convergence are proposed, convergence in substitutes and convergence in complements. With a view to increase the understanding of industry convergence, the preliminary theoretical framework will be applied in a longitudinal case study of the electronic security industry. This sector is currently converging with the IT industry, a process mainly driven by the pervasiveness of Internet Protocol (IP) networking technology, that allows the integration of a number of previously separate security and information systems.},
  author       = {Weaver, Benjamin},
  keyword      = {security industry,convergence,industry convergence,technology,in- dustry structure,strategy,technology convergence},
  language     = {eng},
  pages        = {1--20},
  title        = {Research proposal: Industry convergence - Driving forces, factors and consequences},
  year         = {2007},
}