Abstract
In order to comprehend the prospect of a future automobile industry, the development path of the automobile industry is reviewed. It is found that the industry has experienced an incessant conceptual transformation, dominant design, emission control, fuel efficiency, product integrity, modularization, and hybridization. An industrial transformation is also identified, comprised of inter-firm competition, inter-industry competition, and inter-industry collaboration. It is concluded that in the coming age of self-driving, global partnering including IT companies will forge a new path for industrial development. Additionally, the pattern of innovation will involve business model creation rather than simple product/process innovations, such as the PC industry experienced after its stand-alone innovation had been accomplished.
Highlights
A perspective on the technology of the automobile industry can trace the four distinct types of technologies: product, manufacturing, commodity, and societal technologies
Its conceptual transformations are made up of dominant design [4], emission control, fuel efficiency, product integrity [5], modularization [6], hybridization, and self-driving. Along with these conceptual shifts in technology at each of time horizon, we find an industrial transformation: inter-firm competition, inter-industry competition, inter-industry collaboration, and global partnering
Complex. 2019, 5, 50 brought about by self-driving technology can be compared with recent ICT disruptions [7], i.e., after the Internet was introduced, no empirical discussions exist
Summary
A perspective on the technology of the automobile industry can trace the four distinct types of technologies: product, manufacturing, commodity, and societal technologies. The basic components of product technology were developed and perfected in the nineteenth century by such individuals as Daimler, Benz, and Dunlop. The Japanese contributions to developing this societal technology are obvious [3] These are only half of the history of automobile industry. 2019, 5, 50 brought about by self-driving technology can be compared with recent ICT disruptions [7], i.e., after the Internet was introduced, no empirical discussions exist. In this context, we will review what happened with the diffusion of PCs before and after the Internet revolution
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