Chapter

The Resurgence of Route 128: The Triumph of Open Systems

Michael H. Best

in The New Competitive Advantage

Published in print July 2001 | ISBN: 9780198297451
Published online November 2003 | e-ISBN: 9780191595967 | DOI: http://dx.doi.org/10.1093/0198297459.003.0005
The Resurgence of Route 128: The Triumph of Open Systems

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Boston's Route 128 illustrates the concepts of regional technology capability, technology genealogy, and technology roadmap. Precision machining and complex product systems are regional technological capabilities that have been redefined, and product applications have evolved through a series of technology domain transitions from the mechanical to the electrical and electronic, and via an extension of Moore's Law into the age of nanotechnology and self‐assembly processes. Old industries have gone and new industries have emerged through a regional systems integration process reminiscent of Schumpeterian ‘creative destruction’. The recent transition from a vertical integration to an open‐systems business model has fostered a regional capability to rapidly integrate and reintegrate activities and technologies required for rapid new product development in complex product systems.

Keywords: complex products; creative destruction; Moore's Law; nanotechnology; precision machining; Route 128; self‐assembly; technology capability; technology genealogy; technology roadmap

Chapter.  17060 words.  Illustrated.

Subjects: Economic Systems

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