This book explores the dynamics of technology obsolescence and decline in mature industries, and investigates the strategies that firms can use to cope with these challenges. Drawing on case studies of firms in the steel, automobile, and telecommunications industries, the authors offer a rich and nuanced account of the factors that contribute to technology decline, and highlight the importance of proactive strategies such as diversification, innovation, and industry consolidation. This book provides valuable insights into the challenges facing mature industries, and offers practical advice on how to manage the death knells of mature technologies.

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