End-game Strategies for Declining Industries

Kathryn Rudie Harrigan · Michael E. Porter

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Transportation Systems and Infrastructure Business Strategies and Innovation Innovation Diffusion and Forecasting

Abstract

As early as 1948, when researchers discovered the ‘transistor effect’, it was evident that vacuum tubes in television sets had become technologically obsolete. Within a few years, transistor manufacturers were predicting that by 1961 half the television sets then in use would employ transistors instead of vacuum tubes.

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