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Nobel Laureates

Market Changes in the Computer Services Industry


Volume: Volume 4, No. 2

Issue: Autumn 1973

Pages: pp. 539-590

Authors: Richard S. Bower

Title: Market Changes in the Computer Services Industry

Abstract: Competition is not a natural state. Under it, firms become dissatisfied with performance and work to change the structure. What they seek is a structure that supports sufficient discipline to assure individual actions consistent with common interests. Often, the changes have been effected before the industry is prominent enough to command public attention. This is not so in computer services. The industry, already prominent, is still competitive. In this paper, the author describes the industry and suggests why and how changes in its structure may occur.


JEL Classification

Industry Studies Electrical, Gas, Communication, and Information Services (6352)