Innovation and market structure: lessons from the computer and semiconductor industries.

Innovation and Market Structure: Lessons from the Computer and Semiconductor Industries, By Nancy S. Dorfman. Cambridge, Mass.: Ballinger Publishing Company, 1987. xiv + 263 pp. Charts, tables, notes, and index. $32.00.

In recent years, a growing number of scholars have been examining the history, of the computer industry. Nancy Dorfman adds to our knowledge of this industry, and the separate, but closely related, semiconductor industry by providing an economic analysis of the relationships between the evolution of markets and the development of technological innovations in these fields. Her goal is to discover what types of market situations are most likely to …