The rise and demise of Lucent Technologies

We analyze the rise and demise of Lucent Technologies from the time that it was spun off from AT&T in April 1996 to its merger with Alcatel in December 2006. The analysis, contained in the three sections that form the body of this paper, considers three questions concerning Lucent’s performance over the decade of its existence. 1.How was Lucent, with over $20 billion in sales in 1995 as a division of AT&T, able to almost double its size by achieving a compound growth rate of over 17 percent per year from 1995 to 1999? 2.What was the relationship between Lucent’s growth strategy during the Internet boom and the company’s financial difficulties in the Internet crash of 2001-2003 when the Lucent was on the brink of bankruptcy? 3.After extensive restructuring during the telecommunications industry downturn of 2001-2003, why was Lucent unable to re-emerge as an innovative competitor in the communications equipment industry when the industry recovered?Communications equipment; innovation; global competition; financialization

Sustainable Prosperity in the New Economy?: Business Organization and High-Tech Employment in the United States

Lazonick explores the origins of the new era of employment insecurity and income inequality, and considers what governments, businesses, and individuals can do about it. He also asks whether the United States can refashion its high-tech business model to generate stable and equitable economic growth.https://research.upjohn.org/up_press/1029/thumbnail.jp

Assessing the Changing Employment Profiles in the Telecom Sector: Implications for Education and Training

Telecom sector in India has been growing very fast and changing very rapidly in service delivery mechanisms used, target segments addressed, technogical platforms for service delivery etc. Globally also the growth scenario is very positive. This means that this sector offers employment opportunities that are attractive. In order to exploit these opportunities, the sector needs people with the approppriate employment profiles that match the changing requirements both in atributes and numbers. However, the current education system is not equipped to provide the requisite profiles. This paper identifies and quantifies the skill gap both in terms of focus areas and numbers by segmenting the sector. It suggest directions in which the change must happen. It also reviews innovative approaches in the private and government sector in India and abroad with a view to assess the adapatability of these approaches on a larger scale in India.

Organising innovation between multinational companies and innovation systems: the Brazilian ICT sector in the late 1990s and early 2000s

This thesis is concerned with the organisation of innovation in the interaction between multinational companies and host-country innovation systems. It proposes a framework for characterising the decentralised governance of innovation projects in sectors and identifying emerging organisational configurations in this specific context. The general characteristics of the project-based knowledge networks are examined in terms of (i) the shifting boundaries between subsidiaries and technological partners, (ii) the specialisation of actors in types of activities and (iii) the speed of change in the collaborations between multinational companies and technological institutes. The emerging configurations are classified in terms of (i) the knowledge and resources flows in different innovation projects and (ii) the common aims of the different groups of stakeholders. This framework is applied on the decentralised networks of innovation projects in the Brazilian ICT sector promoted by tax incentives to innovation activities (―Brazilian ICT Law‖). The empirical analysis combines the data of more than 10,000 innovation projects and in-depth case studies on the organisation of innovative activities in 11 R&D laboratories in subsidiaries of multinational companies and 11 of their main technological partners. The analysis of the project-based knowledge networks and emerging configurations is recognised as a useful tool for examining the dynamics promoted by the sectoral policy. This research provides insights on how the institutional framework such as the Brazilian ICT Law provided the space for the decentralised interaction between different organisations with very different interests. The analysis also shows that the regulation may support higher investments in R&D, but it does not necessarily enforce a project portfolio that promotes a sustainable knowledge flow between multinational companies and the sectoral innovation system. Finally, the thesis includes specific recommendations for addressing key challenges such as the organisational development of the subsidiaries, the emergence of private research institutes and the coordination of sectoral policies. Keywords: sectoral innovation systems, knowledge network, organisation of innovation, economic sociology, R&D policy, innovation projects, project-based learning, interorganisational networks

Exploring the position of cities in global corporate research and development: a bibliometric analysis by two different geographical approaches

Global cities are defined, on the one hand, as the major command and control centres of the world economy and, on the other hand, as the most significant sites of the production of innovation. As command and control centres, they are home to the headquarters of the most powerful MNCs of the global economy, while as sites for the production of innovation they are supposed to be the most important sites of corporate research and development (R&D) activities. In this paper, we conduct a bibliometric analysis of the data located in the Scopus and Forbes 2000 databases to reveal the correlation between the characteristics of the above global city definitions. We explore which cities are the major control points of the global corporate R&D (home city approach), and which cities are the most important sites of corporate R&D activities (host city approach). According to the home city approach we assign articles produced by companies to cities where the decision-making headquarters are located (i.e. to cities that control the companies’ R&D activities), while according to the host city approach we assign articles to cities where the R&D activities are actually conducted. Given Sassen's global city concept, we expect global cities to be both the leading home cities and host cities. The results show that, in accordance with the global city concept, Tokyo, New York, London and Paris surpass other cities as command points of global corporate R&D (having 42 percent of companies’ scientific articles). However, as sites of corporate R&D activities to be conducted, New York and Tokyo form a unique category (having 28 percent of the articles). The gap between San Jose and Boston, and the global cities has consistently narrowed because the formers are the leading centres of the fastest growing innovative industries (e.g. information technology and biotechnology) in the world economy, and important sites of international R&D activities within these industries. The emerging economies are singularly represented by Beijing; however, the position of Chinese capital (i.e. the number of its companies’ scientific articles), has been strengthening rapidly

The rise and demise of Lucent Technologies

We analyze the rise and demise of Lucent Technologies from the time that it was spun off from AT&T in April 1996 to its merger with Alcatel in December 2006. The analysis, contained in the three sections that form the body of this paper, considers three questions concerning Lucent’s performance over the decade of its existence. 1.How was Lucent, with over $20 billion in sales in 1995 as a division of AT&T, able to almost double its size by achieving a compound growth rate of over 17 percent per year from 1995 to 1999? 2.What was the relationship between Lucent’s growth strategy during the Internet boom and the company’s financial difficulties in the Internet crash of 2001-2003 when the Lucent was on the brink of bankruptcy? 3.After extensive restructuring during the telecommunications industry downturn of 2001-2003, why was Lucent unable to re-emerge as an innovative competitor in the communications equipment industry when the industry recovered

The rise and demise of Lucent Technologies

We analyze the rise and demise of Lucent Technologies from the time that it was spun off from AT&T in April 1996 to its merger with Alcatel in December 2006. The analysis, contained in the three sections that form the body of this paper, considers three questions concerning Lucent’s performance over the decade of its existence. 1.How was Lucent, with over $20 billion in sales in 1995 as a division of AT&T, able to almost double its size by achieving a compound growth rate of over 17 percent per year from 1995 to 1999? 2.What was the relationship between Lucent’s growth strategy during the Internet boom and the company’s financial difficulties in the Internet crash of 2001-2003 when the Lucent was on the brink of bankruptcy? 3.After extensive restructuring during the telecommunications industry downturn of 2001-2003, why was Lucent unable to re-emerge as an innovative competitor in the communications equipment industry when the industry recovered

End user privacy and policy-based networking

Are privacy concerns over end user surveillance by network operators such as AT&T and Verizon, and by “edge providers” such as Google and Amazon, being dangerously overshadowed by the predominant emphasis on government surveillance? Quite possibly so, Professor Paterson concludes, after reviewing currently-used packet analysis technologies and their advertised capabilities. Paterson concludes that the problem faced by privacy and public interest advocates is that no one has a truly comprehensive grasp of how widely network operators have deployed such tools, what information is collected, or how it is put to use. Paterson asserts that the potential risks call for additional vigorous research in this area