Excerpt:
This article will tell you about the history of Japanese Mechanical Calculating Machines, mainly those of manual type. A time table is also provided.
Through this article you will have the opportunity to see a typical example of the industrial life cycle including:
Beginning stage: An innovative engineer invents a new technology which starts a new industry.
Growing stage: Many companies get into the new industry under a patent license or after the patent expires. The market is expanded.
Saturation stage: The market becomes saturated, many companies disappear after being merged by larger companies or fail due to the hard competition. A few big companies control the market.
New beginning stage: An innovative engineer invents a new technology.
This life cycle is repeated in many type of industries. You can learn where is your business now within such cycle.