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The Management of Innovation$
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Tom Burns and G. M. Stalker

Print publication date: 1994

Print ISBN-13: 9780198288787

Published to Oxford Scholarship Online: October 2011

DOI: 10.1093/acprof:oso/9780198288787.001.0001

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The Market Context

The Market Context

Chapter:
(p.52) Chapter 4 The Market Context
Source:
The Management of Innovation
Author(s):

TOM BURNS

G. M. STALKER

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198288787.003.0004

This chapter discusses the importance of the Government market in the formative years of the post-war electronics industry. It describes the treatment of the market as a sink, into which a firm tries to pour applications of techniques known to the firm, or as a continuing source of needs, actual and potential, which the firm tries to satisfy. Whether a firm treated the market as a sink or as a source appears to have been the most important determinant of its success.

Keywords:   Government market, market, post-war industry, electronics industry

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