Biz Jets, 1994 Technology and Market Structure in the Corporate Jet Aircraft Industry Economics of Science, Technology and Innovation Series, Vol. 1
Auteurs : Phillips Almarin, Phillips A. Paul, Phillips Thomas R.
The study shows that while the industry has been quite concentrated throughout its history, the positions of the leading firms have always been contestable. Indeed, leaders at one point in time have often been displaced by others who succeeded in marshalling technological and market opportunities to their advantage. Manufacturers have had to undertake continuous efforts to improve the price-performance characteristics of their aircraft to gain and hold their market shares.
Rivalries in the effective use of the stream of new technologies have brought forth new aircraft with both better performance and lower operating costs. At the same time, however, participation in the market has been extremely risky. Only a few companies have been able to earn profits. Entries, exits and mergers have altered the structure of the industry, but it remained decidedly unstable at least through 1992.
Date de parution : 10-2012
Ouvrage de 273 p.
15.5x23.5 cm
Disponible chez l'éditeur (délai d'approvisionnement : 15 jours).
Prix indicatif 158,24 €
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Mots-clés :
Schumpeter; USA; business; development; market structure; merger; mergers; performance; rating; regression