Abstract
ABSTRACT Lopsided Schumpeterian competition and the emergence of ‘superstar’ firms are examined in the flat-panel display industry, where the difficulty of commercialising active-matrix OLED (AMOLED) flat panels led to patterns of innovation and competition vastly dissimilar to those that had prevailed in Liquid Crystal Display (LCD) flat panels. Applying the concept of a Schumpeterian ‘Ultra-Mark II’ technological regime, the study sheds light on how superstar firms build industry dominance through R&D and the building of exclusive supplier networks when their industry (or a certain segment of it) morphs into a quasi-monopolistic type of arena.
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