Show Summary Details

Page of

PRINTED FROM OXFORD HANDBOOKS ONLINE ( © Oxford University Press, 2018. All Rights Reserved. Under the terms of the licence agreement, an individual user may print out a PDF of a single chapter of a title in Oxford Handbooks Online for personal use (for details see Privacy Policy and Legal Notice).

date: 09 July 2020

Abstract and Keywords

This article considers not just traditional “low-tech” industries but also those classified by the Organization for Economic and Co-operation Development (OECD) as “medium-tech.” It combines them hereafter as “low- and medium-tech” (LMT) industries. These are frequently “mature” industries, where technologies and market conditions may change slowly. Furthermore, this article untangles the relationship between the technologies and markets which comprise an “industry”—effectively OECD type classifications are rejected in favor of alternative sectoral taxonomies. This article also elucidates the roles of firm strategies and structures in the LMT industries. The implications of this discussion for the evolution of industry structure, especially entry, are also considered in this text. Finally, this article concludes with a call for revising the academic agenda.

Keywords: low-tech industries, OECD, medium-tech industries, sectoral taxonomies, academic agenda

Access to the complete content on Oxford Handbooks Online requires a subscription or purchase. Public users are able to search the site and view the abstracts and keywords for each book and chapter without a subscription.

Please subscribe or login to access full text content.

If you have purchased a print title that contains an access token, please see the token for information about how to register your code.

For questions on access or troubleshooting, please check our FAQs, and if you can''t find the answer there, please contact us.