Session 274
Incumbents, Radical Innovations and Disruptive Technologies
Track I |
Date: Monday, September 22, 2014 |
Time: 08:00 – 09:15 |
|
Paper |
Room: Malta |
Session Chair:
- Fernando Suarez, Northeastern University
Abstract: Innovation is of crucial importance for the growth and survival of established firms. Yet, few studies attempt to strive for a holistic understanding of how the known concepts – such as e.g. R&D and corporate venturing – are interrelated. Firms oftentimes possess a broad, dispersed ‘palette’ of innovation activities, which can be official and formalized or unofficial and hidden. Through an in-depth case study of an established firm we aim to shed light on the topic of how established firms generate new businesses and how they embed entrepreneurial capabilities into rigid corporate structures. We introduce the mechanism of “mediated effectuation” and describe an organizational function that (1) uncovers the hidden opportunities, (2) bridges the official and unofficial corporate innovation space and (3) increases the organization’s entrepreneurial activities.
Abstract: We study several characteristics of firms’ patents (e.g., important vs. ordinary patents) and publications (e.g., important vs. ordinary scientific journals) to shift from debate about whether to publish or patent to the question of how to balance patents and publications with different features. Using an integration of economic, institutional and the resource-based view theories, we predict and compare the relative effects of disclosure (patents and publications) with secrecy on firms’ product innovations (pioneer and follow-on innovations) to understand these links to product innovation. We test our predictions on firms that commercialized fiber optic products in the U.S. during the emergence of this technology in 1974-1994. Our preliminary findings suggest that the relative effects and balancing strategies with knowledge disclosure are important to consider
Abstract: Technological change and disruptive innovation have been studied in great detail in the literature. The industries in such studies typically belong to the high technology industry where demand uncertainty for new technology is high, government regulation is low and more often than not a single dominant technology emerges. I propose to study the process of technological change and responses of incumbent Independent Power Producers in the electricity generation industry as they adopt renewable source of electricity production in addition to nonrenewable sources. This industry provides an opportunity to study the process of technological change and disruptive innovation where demand certainty for new technology is high, multiple dominant technologies coexist and it operates under significant government regulation.
Abstract: Why do some potential adopters adopt a radical innovation while others don’t? We are interested in radical innovation because it might entail, if diffused, the replacement or substitution of an existing and institutionalized model of action. We focus in the innovator’s interaction approach in its diffusing efforts, in line with Rogers’ (1995) convergence model where adoption is seen as the outcome of a converging understanding of the innovation by the adopter through its communication with the innovator. We examine how the spin-off of an established NYC non-profit organization whose mission is to reduce homelessness tries to diffuse its radical innovation in the US. In particular, we investigate how it interacted with potential adopters in six different US communities with different degrees of adoption.
All Sessions in Track I...
- Sun: 08:00 – 09:15
- Session 278: Routines: Theoretical and Empirical Advancements and Avenues for Future Research
- Sun: 09:30 – 10:45
- Session 463: Big Data: Revolutionizing Innovation and Competition
- Sun: 11:15 – 12:30
- Session 464: Foundations Session: A conversation with Michael Tushman on Leadership, Innovation and Strategic Change
- Sun: 15:45 – 17:00
- Session 270: Innovation in MNCs and Global Networks
- Session 275: Open Innovation: Outcomes and antecedents
- Sun: 17:15 – 18:30
- Session 605: Knowledge and Innovation IG Business Meeting
- Mon: 08:00 – 09:15
- Session 260: IPRs, Appropriability and Innovation
- Session 274: Incumbents, Radical Innovations and Disruptive Technologies
- Mon: 11:00 – 12:15
- Session 276: Organizational Learning
- Session 277: Learning From Others
- Session 372: The Challenges of Global Operations: Managing R&D and Complexity
- Session 423: Alliances and Innovation Performance
- Mon: 14:45 – 16:00
- Session 265: Learning, Search, Slack: The behavioral theory revisited
- Session 269: Knowledge Flows: Transfer, sharing and replication
- Mon: 16:30 – 17:45
- Session 254: Conversations about Knowledge
- Session 257: Spin offs, Venture Capital and Entrepreneurship
- Tue: 08:00 – 09:15
- Session 259: Institutionalizing Innovation: Norms, status and legitimacy issues
- Session 273: From Internal Resources to Customer Needs
- Session 383: Globalization of R&D: Implications for Learning and Innovation
- Tue: 11:00 – 12:15
- Session 267: The Role of Individuals in Innovation
- Session 272: Research and Development: Antecedents and outcomes
- Session 361: Creativity and Innovation
- Session 469: M&As and Innovation
- Tue: 15:30 – 16:45
- Session 262: Networks of Innovators
- Session 263: Innovation Models in Emerging Economies
- Tue: 17:15 – 18:30
- Session 255: Exploration and Exploitation
- Session 256: Organizing for Open Innovation
- Session 261: Practices and Processes for Innovation