Dynamics of Globalization - AIB Northeast 2007 Conference
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Academy of International Business Northeast U.S. Annual Conference
October 18-20, 2007 ~ Portsmouth, NH
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Browsing Dynamics of Globalization - AIB Northeast 2007 Conference by Subject "competitive advantage"
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Item The effects of technology convergence on markets(Southern New Hampshire University, 2007-10) Beaudry, David N.Technology Convergence is more than a buzz word. Technology Convergence is the combining of two or more different technologies or services to create a new product offering that can disrupt established markets or create new markets when it successfully occurs. A classical example of technology convergence is the automobile, which was created by convergence of a horse carriage with the internal combustion/steam engine to create the horseless carriage and displaced more than the horseless carriage. The paper is a descriptive study that covers the technology convergence in many market segments including effect in current convergence in Digital Photography and Portable Music Players. The paper also describes examples Medicine, Sports and Commercial segments. It concludes with the observation that it is critically important for firms' future existence to focus some efforts on technology convergence.Item Quality is not strategy : Nash equilibrium and international market entry(Southern New Hamsphire University, 2007-10) Vos Fellman, Philip; Nugent, Nicholas Sr.; Vos Post, Jonathan; Doyon, DavidA recent Harvard Business Review article by Suarez and Lanzolla (2001) entitled the Half-truth of First Mover Advantage argued that this is a business concept which has so much intuitive appeal that its validity is almost taken for granted. In the following paper, we illustrate how typical applications of game theory to describe first mover advantage in the context of international markets are generally set up use an improper theoretical framework and compare incommensurable qualities and quantities. We then review the work of Porter (1996) and others with respect to sustainable competitive advantage and suggest that the Nash equilibrium may provide some guidance as to the kinds of circumstances in which a profitable first mover advantage may or may not be obtainable when entering international markets.