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New Technology and Industrial Change Professor Bob O’Keefe Dean, Faculty of Management & Law Hong Kong University Space March 20 th 2010

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Page 1: New Technology and Industrial Change Professor Bob O’Keefe Dean, Faculty of Management & Law Hong Kong University Space March 20 th 2010

New Technology and Industrial Change

Professor Bob O’Keefe Dean, Faculty of Management & Law

Hong Kong University SpaceMarch 20th 2010

Page 2: New Technology and Industrial Change Professor Bob O’Keefe Dean, Faculty of Management & Law Hong Kong University Space March 20 th 2010

The Gramophone

Basic technology using cylinders invented by Edison in the 1870’s.

Disc records invented by Berliner in the 1890’s.

In 1928, RCA merged with Victor: the then largest merger in US history.

RCA Victor were the Microsoft or Goggle of their time.

Page 3: New Technology and Industrial Change Professor Bob O’Keefe Dean, Faculty of Management & Law Hong Kong University Space March 20 th 2010

His Master’s Voice: Trademark 1900

Page 4: New Technology and Industrial Change Professor Bob O’Keefe Dean, Faculty of Management & Law Hong Kong University Space March 20 th 2010
Page 5: New Technology and Industrial Change Professor Bob O’Keefe Dean, Faculty of Management & Law Hong Kong University Space March 20 th 2010

The Music Supply Chain (circa 1951)

Recording

Warehouse

Retailer

Artist

Pressing

Page 6: New Technology and Industrial Change Professor Bob O’Keefe Dean, Faculty of Management & Law Hong Kong University Space March 20 th 2010

The Music Supply Chain (circa 1965)

Consumer

Recording

Warehouse

Retailer

Artist

Pressing

Page 7: New Technology and Industrial Change Professor Bob O’Keefe Dean, Faculty of Management & Law Hong Kong University Space March 20 th 2010

The Music Value Chain (circa 1965)

Recording

Warehouse

Retailer

Artist

Pressing

Page 8: New Technology and Industrial Change Professor Bob O’Keefe Dean, Faculty of Management & Law Hong Kong University Space March 20 th 2010

Responding to consumer “demands”

Portable, Recordable

Searchable

Portable,Reliable,

Searchable

Portable, Recordable, Digital

Page 9: New Technology and Industrial Change Professor Bob O’Keefe Dean, Faculty of Management & Law Hong Kong University Space March 20 th 2010

The Music Supply Chain (circa 1990)

Consumer

Recording

Warehouse

Retailer

Artist

Pressing

Page 10: New Technology and Industrial Change Professor Bob O’Keefe Dean, Faculty of Management & Law Hong Kong University Space March 20 th 2010

The Digital Possibility ……

Recording

Warehouse

Retailer

Artist

Pressing

Page 11: New Technology and Industrial Change Professor Bob O’Keefe Dean, Faculty of Management & Law Hong Kong University Space March 20 th 2010

Digital Music Required Three Technology Advances

• Cheap, reliable memory– Hard drives: from megabytes to giga and terra bytes– Flash (NAND) memory

• Standard compression algorithms– Moving Picture Experts Group-1 Audio Layer 3 (MP3)– Advanced Audio Coding (AAC)

• Near zero marginal cost consumer networking, i.e., the Internet

Page 12: New Technology and Industrial Change Professor Bob O’Keefe Dean, Faculty of Management & Law Hong Kong University Space March 20 th 2010

Winamp

A simple, free MP3 player that drove diffusion of MP3 (over 60 million users by 2006)

Page 13: New Technology and Industrial Change Professor Bob O’Keefe Dean, Faculty of Management & Law Hong Kong University Space March 20 th 2010

The Music Supply Chain (circa 2010)

Page 14: New Technology and Industrial Change Professor Bob O’Keefe Dean, Faculty of Management & Law Hong Kong University Space March 20 th 2010

Peer to Peer Distribution: Napster

http://upload.wikimedia.org/wikipedia/en/6/62/Napster_2.0_Beta_7_screenshot.png
Page 15: New Technology and Industrial Change Professor Bob O’Keefe Dean, Faculty of Management & Law Hong Kong University Space March 20 th 2010

Spotify: Back to the Juke Box

Page 16: New Technology and Industrial Change Professor Bob O’Keefe Dean, Faculty of Management & Law Hong Kong University Space March 20 th 2010

Convergence


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SEA LEVEL CHANGE AND TRANSPORTATION PLANNING by Bob Dean University of Florida SEA LEVEL CHANGE AND TRANSPORTATION PLANNING by Bob Dean University of Florida

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Shane O’Keefe v. Brodeur CV-96-336-B 04/25/97 · Shane O’Keefe v. Brodeur CV-96-336-B 04/25/97 UNITED STATES DISTRICT COURT FOR THE DISTRICT OF NEW HAMPSHIRE Shane O’Keefe v

Thirty-Eighth Annual Greater Bridgeport Saint Patrick’s Day ...stpatricksdaybridgeport.com/wp-content/uploads/SPD...Ed O’Donnell Patrick O’Keefe Bob O’Sullivan Elizabeth Power

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O’Keefe outlines NASA’s approach to return to flight · 2013-03-05 · O’Keefe said. “He was an obvious, natu-ral choice.” O’Keefe acknowledged that Hubbard's absence