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Possibilities of Technological Convergence by ICT Suppliers: An Empirical Study on Automotive Industry  

Ham, Kyung Sun (전자부품연구원 융합시스템연구본부)
Jung, Jae Won (연세대학교 일반대학원 기술경영학협동과정)
Lee, Jung Hoon (연세대학교 정보대학원)
Publication Information
Journal of Korea Technology Innovation Society / v.20, no.1, 2017 , pp. 103-126 More about this Journal
Abstract
By the means of pervasiveness of ICT, ICT firms in the dynamic competition try to get the competitive advantage through the combination with the other industrial technologies and the firms in other industries also seek innovations in this way. To ICT suppliers, the application industries were completely different before but if ICT is applied to that industries once, the convergence phenomenon could occur as a part of an ICT industry. So, this research focuses the causality between ICT supplier's behavior and technological convergence according to the research question about what should ICT firms do for ICT convergence. We observed technological changes in the automotive industry through the Nasdaq listed firms' patent activities of 10-year period from the perspective of evolutionary theory. As a result, while the innovativeness of technological trials by ICT suppliers enhances the possibility of technological convergence, diversity of those can reduce the emergence of ICT convergence. This implies that ICT firms should focus specialized technologies for convergence rather than various technological options for the uncertain future.
Keywords
ICT convergence; Technological Innovation; General Purpose Technology; Evolutionary Theory; Patent Analysis;
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