Product Innovation and Network Survival in the U. S. ATM and Debit Card Industry

PDF-file by Fumiko Hayashi

Product Innovation and Network Survival in the U. S. ATM and Debit Card Industry PDF ebook download Studies product innovation and firm survival in the U.S. ATM-debit card industry. The industry started with a few shared ATM networks in the early 1970s; the number of networks grew rapidly until the mid 1980s and then declined sharply. A theoretical model is constructed to explain the industry shakeout, A major product innovation — introducing the point of sale debit function in the mid-1980s — played an important role in driving the network consolidation.

eBook Product Innovation and Network Survival in the U. S. ATM and Debit Card Industry

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