ABSTRACT

Over the 1980s firms and industries have experienced a process of “technological convergence” or “technology fusion” (Rosenberg, 1976; Kodama, 1986, 1992). Due to the complexity and multi-technology nature of products, different firms and industries came to share similar and wider technological bases (Granstrand and Sjölander, 1990; Granstrand and Oskarsson, 1994; Granstrand et al., 1997; Patel and Pavitt, 1997). In many cases these wider technological bases are achieved through firms’ technological diversification.