Authors: I. Kim Wang
Addresses: Sawyer Business School, Suffolk University, 120 Tremont St., Boston, MA, USA
Abstract: Conventional wisdom holds that technological laggards should catch-up with technological leaders and warns of the consequences of falling behind. Like leaders, laggards also advance their technology, but scarce scholarly attention has been paid to understanding laggards. Using a 17-year panel data set from the global flat panel display industry, we find that laggards pace technological advances. A laggard technology strategy suggests a unique approach to managing technology competition from behind the frontier, such that laggards are largely exempt from the perennial pressure to 'innovate or die'.
Keywords: competition; technology frontier; technological laggards; technology deployment; innovation.
International Journal of Technology Management, 2021 Vol.86 No.1, pp.1 - 24
Accepted: 09 Nov 2020
Published online: 09 Jun 2021 *