Paper to be presented at the DRUID 2012
on
June 19 to June 21
at
CBS, Copenhagen, Denmark,
Rock ?n Roller Coaster: An Explorative Study on the Evolution of the
European Steel Roller Coaster Industry
Bram Timmermans
Aalborg University
DRUID/IKE, Department of Business and Management
[email protected]
Rudi Bekkers
Technical University Eindhoven
ECIS, Department of Industrial Engineering and Innovation Sc
[email protected]
Luca Bordoli
Aalborg University
Department of Business and Management
[email protected]
Abstract
This article investigates the 50 years evolution of the European steel roller coaster industry, which can be classified as a
complex products systems (CoPS) industry. This industry is characterized as a non-shake out industry where entry can
be divided in three waves, i.e. early diversifiers, new technological entrants, and late diversifiers and spin-off dynamics.
Diversified entry can be further separated in firms with market relatedness, i.e. firms that have been active in the
amusement industry prior to entry, and technological relatedness, i.e. firms that have experience from different
industries but their technological competences enable them to manufacturing (often technological more advanced) steel
roller coaster. Despite the fact that this industry is a non-shake out industry, we observe acquisition of the intangible and
tangible assets of those firms that (are close to) exit by the firms that remain in the industry, which might be considered
a sign of industry resilience.
Jelcodes:L64,B52
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