Twists and Turns in Industry Evolution: The Link Between Uncertainty and Firm Strategies.

This symposium extends the discourse on the non-linearity in industry evolution by exploring the multitude of uncertainties that characterizes nascent industries and how firms' distinct ways of addressing various uncertainties can dramatically shift the process of industry evolution. Five featured papers discuss the uncertainties associated with technologies, demand, and ecosystems in nascent industries and investigate the changes in evolutionary patterns, innovation trajectories, and knowledge generation. The papers use both quantitative and qualitative methods across different empirical settings, approaching the topic of uncertainty and industry evolution from complementary angles. The Spillover Effect of Innovation Failure in Nascent Industries Author: Hee Yeul (Tom) Kwon; U. of Southern California Author: Hyo Kang; U. of Southern California Exaptation and Technological Evolution: A Study of Carbon Capture Technologies Author: Ho-Wei Hsu; HEC Paris Author: Denisa Mindruta; HEC Paris Following Virtute and Knowledge: New Venture Creation in Nascent Industries Author: Jacopo Manotti; Politecnico di Milano School of Management Author: Silvia Sanasi; Free U. of Bozen-Bolzano Author: Antonio Ghezzi; Politecnico di Milano School of Management The Interplay of Data and Actors in Early Platform Emergence Author: Jack Lewis Fraser; Said Business School Author: Elizabeth J. Altman; U. of Massachusetts, Lowell Author: Pinar Ozcan; Oxford U., Saïd Business School Firms as Influencers: Shaping Industries through Knowledge and Collaboration Author: Mana Heshmati; U. of Washington [ABSTRACT FROM AUTHOR]