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TECHNOLOGICAL INNOVATION
Author(s) -
Charles David
Publication year - 1990
Publication title -
australian journal of public administration
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.524
H-Index - 41
eISSN - 1467-8500
pISSN - 0313-6647
DOI - 10.1111/j.1467-8500.1990.tb01976.x
Subject(s) - competition (biology) , commodity , quality (philosophy) , unit (ring theory) , industrial organization , economics , scale (ratio) , economies of scale , business , market economy , neoclassical economics , economic system , microeconomics , mathematics , physics , ecology , philosophy , mathematics education , epistemology , quantum mechanics , biology
In capitalist reality as distinguished from its textbook picture, it is not that kind of competition which counts but the competition from the new commodity, the new technology, the new source of supply, the new type of organisation (the largest‐scale unit of control for instance) — competition which commands a decisive cost or quality advantage and which strikes not at the margins of the profits and the outputs of the existing firms but at their foundations and their very lives (Schumpeter 1981).