Evolution of Competition
lTransitional
Stage
nDominant
Design Emerges
–PCs mid
1980s
nCompetition Centers Around Perfecting Design and Reducing Prices
–Favors firms
with better technical and engineering skills
nAttention
Shifts to Process Innovation
–Goal: Drive
Down Cost of Producing Dominant Design
–PCs in early
1990s
nCompetition
population curve peaks
–Industry
consolidates around most efficient producers