Technology change, economic feasibility, and creative destruction: the case of new electronic products and services
研究了标准电子元件（如微处理器、内存和显示器）的改进如何使新型电子产品和服务变得经济可行，从而成为商业化和创造性破坏的候选对象，对管理者、政策制定者和工程师有参考价值。
This article shows how new forms of electronic products and services become economically feasible and thus candidates for commercialization and creative destruction as improvements in standard electronic components such as microprocessors, memory, and displays occur. Unlike the predominant viewpoint in which commercialization is reached, as advances in science facilitate design changes that enable improvements in performance and cost, most new forms of electronic products and services are not invented in a scientific sense, and the cost and performance of them are primarily driven by improvements in standard components. They become candidates for commercialization, as the cost and performance of standard components reach the levels necessary for the final products and services to have the required levels of performance and cost. This suggests that when managers, policy makers, engineers, and entrepreneurs consider the choice and timing of commercializing new electronic products and services, they should understand the composition of new technologies, the impact of components on a technology’s cost, performance and design, and the rates of improvement in the components.