Technological Discontinuities And Complementary Assets
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Technological Discontinuities And Complementary Assets
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Author : Frank T. Rothaermel
language : en
Publisher:
Release Date : 2015
Technological Discontinuities And Complementary Assets written by Frank T. Rothaermel and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015 with categories.
The point of departure is a competence-destroying technological discontinuity. We posit that the type of complementary assets (generic vs. specialized) needed to commercialize the new technology is critical in determining the industry- and firm-level performance in the post-discontinuity time period. If generic complementary assets are needed to commercialize the new technology, we posit that industry-level performance will decline. In contrast, if specialized complementary assets are needed to commercialize the new technology, we hypothesize the industry-level performance will improve. Moreover, we predict interfirm performance differentials based on a firm's financial strength and its R&D capability. In particular, a firm's financial strength is posited to have a more positive impact on firm-level performance in the post-discontinuity period if the new technology can be commercialized through generic complementary assets. In contrast, a firm's R&D capability is hypothesized to have a more positive effect on firm-level performance if the new technology can be commercialized through specialized complementary assets. We draw on times series and panel data over a twenty-six year period in four industries to more fully understand post-discontinuity performance, while controlling for pre-discontinuity factors.
Cooperation Between Established Firms And Startups In Order To Address Technological Discontinuities
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Author : Tobias Gebhardt
language : en
Publisher: GRIN Verlag
Release Date : 2015-04-22
Cooperation Between Established Firms And Startups In Order To Address Technological Discontinuities written by Tobias Gebhardt and has been published by GRIN Verlag this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-04-22 with Business & Economics categories.
Master's Thesis from the year 2014 in the subject Business economics - Company formation, Business Plans, grade: 2,3, University of Southern Denmark (Department of Marketing & Management), course: Management of Innovation Processes, language: English, abstract: Technological discontinuities have been characterizing many markets for several years. Essential drivers for that are the Internet and startups, which make use of this technology in order to create new business models. This progress is quite often challenging established firms and call for them to leave their “comfort zone”. In contradiction to this competitive perspective, this paper aims to highlight the synergies between companies that have already been operating for many years and new market entrants. By doing so, it is examined how both may interact with the aim of commercializing products and sustaining innovation. Thereby, corporate incubators, corporate venture capitalists and non-equity relationships between established firms and startups are considered as forms of cooperation. In addition to that and by using the data of a conducted survey, insights into the experiences and expectations of incumbents and startups will be also provided. Following this, managerial implications shall serve as a base for future cooperation and the management of technological discontinuities.
Managing Technological Discontinuities
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Author : Juha Laurila
language : en
Publisher: Routledge
Release Date : 2002-09-11
Managing Technological Discontinuities written by Juha Laurila and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-09-11 with Business & Economics categories.
This volume describes how conflicting managerial actors become mobilized to co-operate in situations of discontinuous technological change. These ideas are explored through an in-depth study of the Finnish paper industry.
Essays In Technology Management And Policy Selected Papers Of David J Teece
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Author : David J Teece
language : en
Publisher: World Scientific
Release Date : 2003-09-15
Essays In Technology Management And Policy Selected Papers Of David J Teece written by David J Teece and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2003-09-15 with Business & Economics categories.
This book examines the manner in which successful firms develop, transfer, protect, and capture value from technological innovation. In essence, it is about “knowledge management”, which lies at the foundation of firm level competitive advantage in today's global economy. The essays contain some of the fundamental contributions to the field of knowledge management by one of its best-known thinkers; they also constitute an immensely practical guide for those managers who wish to look below the surface of what is going on in Silicon Valley and elsewhere.
Technological Innovation
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Author : Gary D. Libecap
language : en
Publisher: Emerald Group Publishing
Release Date : 2008-02-26
Technological Innovation written by Gary D. Libecap and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008-02-26 with Business & Economics categories.
Profiting from technological innovation is a key strategic challenge in technology-intensive industries. This book presents a multidisciplinary view of issues in technology commercialization and entrepreneurship.
Technological Innovation
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Author : Marie C. Thursby
language : en
Publisher: Emerald Group Publishing
Release Date : 2016-08-23
Technological Innovation written by Marie C. Thursby and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2016-08-23 with Business & Economics categories.
This is the 2nd edition of Technological Innovation. Profiting from technological innovation requires scientific and engineering expertise, and an understanding of how business and legal factors facilitate commercialization. This volume presents a multidisciplinary view of issues in technology commercialization and entrepreneurship.
Technology And The Wealth Of Nations
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Author :
language : en
Publisher: Stanford University Press
Release Date : 1992-10
Technology And The Wealth Of Nations written by and has been published by Stanford University Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 1992-10 with categories.
Most discussions of U.S. economic competitiveness focus on the creation of new technologies, but the abundant evidence presented in this timely book indicates that the key factor underpinning U.S. competitiveness is not the development of technology itself, but the factors that influence the commercialization of technology. The importance of effective management and performance in the commercialization of new technologies reflects today's changing environment. The post-war decades of undisputed U.S. scientific and technological hegemony have been replaced by a period in which U.S. firms are challenged by foreign competitors in some fields, and struggling to regain their former positions in others. Although the U.S. scientific research establishment arguably has lost little if any of its post-war preeminence, the same cannot be said with respect to the performance of U.S. firms as developers, adapters, and managers of new technologies, largely because government policies have not been conducive to successful commercialization of technology. As we enter the last decade of the twentieth century, economic policy and performance are being linked more and more closely to technology-related issues. Technology commercialization is now recognized as critical to this linkage, and this book constitutes a state-of-the-art analysis of this vital but often overlooked aspect of technological innovation. The sixteen papers in this volume contribute to three important tasks. First, they draw on new developments in theoretical and empirical analysis to integrate the macro-and microeconomic dimensions of technological innovation and commercialization. Second, they extend and enrich the macroeconomic analysis of growth, capital formation, and international economic interactions to highlight the influences of macroeconomic variables on technology commercialization. Technology and capital investment are shown to be complementary inputs to the growth process, which means that favorable investment conditions are prerequisites for higher growth rates. Third, they also extend and enrich the microeconomic analysis of technological innovation and commercialization, in the process providing guidance for managers seeking to improve performance in both of the areas.
Platform Ecosystems
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Author : Amrit Tiwana
language : en
Publisher: Newnes
Release Date : 2013-11-12
Platform Ecosystems written by Amrit Tiwana and has been published by Newnes this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013-11-12 with Computers categories.
Platform Ecosystems is a hands-on guide that offers a complete roadmap for designing and orchestrating vibrant software platform ecosystems. Unlike software products that are managed, the evolution of ecosystems and their myriad participants must be orchestrated through a thoughtful alignment of architecture and governance. Whether you are an IT professional or a general manager, you will benefit from this book because platform strategy here lies at the intersection of software architecture and business strategy. It offers actionable tools to develop your own platform strategy, backed by original research, tangible metrics, rich data, and cases. You will learn how architectural choices create organically-evolvable, vibrant ecosystems. You will also learn to apply state-of-the-art research in software engineering, strategy, and evolutionary biology to leverage ecosystem dynamics unique to platforms. Read this book to learn how to: Evolve software products and services into vibrant platform ecosystems Orchestrate platform architecture and governance to sustain competitive advantage Govern platform evolution using a powerful 3-dimensional framework If you’re ready to transform platform strategy from newspaper gossip and business school theory to real-world competitive advantage, start right here! Understand how architecture and strategy are inseparably intertwined in platform ecosystems Architect future-proof platforms and apps and amplify these choices through governance Evolve platforms, apps, and entire ecosystems into vibrant successes and spot platform opportunities in almost any—not just IT—industry
The Disruption Dilemma
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Author : Joshua Gans
language : en
Publisher: MIT Press
Release Date : 2017-04-21
The Disruption Dilemma written by Joshua Gans and has been published by MIT Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-21 with Business & Economics categories.
An expert in management takes on the conventional wisdom about disruption, looking at companies that proved resilient and offering managers tools for survival. “Disruption” is a business buzzword that has gotten out of control. Today everything and everyone seem to be characterized as disruptive—or, if they aren't disruptive yet, it's only a matter of time before they become so. In this book, Joshua Gans cuts through the chatter to focus on disruption in its initial use as a business term, identifying new ways to understand it and suggesting new tools to manage it. Almost twenty years ago Clayton Christensen popularized the term in his book The Innovator's Dilemma, writing of disruption as a set of risks that established firms face. Since then, few have closely examined his account. Gans does so in this book. He looks at companies that have proven resilient and those that have fallen, and explains why some companies have successfully managed disruption—Fujifilm and Canon, for example—and why some like Blockbuster and Encyclopedia Britannica have not. Departing from the conventional wisdom, Gans identifies two kinds of disruption: demand-side, when successful firms focus on their main customers and underestimate market entrants with innovations that target niche demands; and supply-side, when firms focused on developing existing competencies become incapable of developing new ones. Gans describes the full range of actions business leaders can take to deal with each type of disruption, from “self-disrupting” independent internal units to tightly integrated product development. But therein lies the disruption dilemma: A firm cannot practice both independence and integration at once. Gans shows business leaders how to choose their strategy so their firms can deal with disruption while continuing to innovate.
Innovation Alliances And Networks In High Tech Environments
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Author : Fiorenza Belussi
language : en
Publisher: Routledge
Release Date : 2015-09-16
Innovation Alliances And Networks In High Tech Environments written by Fiorenza Belussi and has been published by Routledge this book supported file pdf, txt, epub, kindle and other format this book has been release on 2015-09-16 with Business & Economics categories.
Recent years have seen a growth in strategic alliances, mergers and acquisitions and collaborative networks involving knowledge-intensive and hi-tech industries. However, there have been relatively few studies looking at this form of collaboration as a strategy to drive firms’ innovative performances. This book specifically focuses on the role of strategic alliances, M&A and innovation networks, providing insights on if and how they contribute to boosting firms’ innovation performances. The book has a double purpose. Firstly, it investigates at an industry level the role played by the alliance, M&As and networks in high-tech environments such as biotechnology, pharmaceutical, software and nanotechnology in creating, transforming and reshaping the dynamics inside and between industries. Secondly, it explores the impact at the firm level of factors such as cognitive distance, management capabilities, and relational and social capabilities, on firms’ global innovation capacity, measured as innovation quantity, innovation quality and innovation novelty. The book will be of interest to scholars working on the economics of innovation, innovation management studies, strategic management, regional science and evolutionary economics, among other areas.