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Journal ArticleDOI

The dynamics of product innovation and firm competences

Erwin Danneels
- 01 Dec 2002 - 
- Vol. 23, Iss: 12, pp 1095-1121
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TLDR
This study examines how product innovation contributes to the renewal of the firm through its dynamic and reciprocal relation with the firm's competences through field research in five high-tech firms of varying age, size, and level of diversification.
Abstract
This study examines how product innovation contributes to the renewal of the firm through its dynamic and reciprocal relation with the firm's competences Field research in five high-tech firms of varying age, size, and level of diversification is combined with analysis of existing theory to develop the findings of the study Based on the notion that new products are created by linking competences relating to technologies and customers, a typology is derived that classifies new product projects based on whether a new product can draw on existing competences, or whether it requires competences the firm does not yet have Following organizational learning theory, these options are conceptualized as exploitation and exploration These organizational learning concepts are used to gain a dynamic and path-dependent view of product innovation and firm development, and to reveal the unique nature and challenges of different types of product innovation Copyright © 2002 John Wiley & Sons, Ltd

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Citations
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SMEs Inventive Performance and Profitability in the Markets for Technology

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Agglomeration economies and vertical alliances : the route to product innovation in biotechnology firms

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Dissertation

COMPRENDRE LA GÉNÉRATION DES OBJETS DE COOPERATION INTERENTREPRISES PAR UNE THÉORIE DES CO-RAISONNEMENTS DE CONCEPTION : Vers une nouvelle ingénierie des partenariats d'exploration technologique

TL;DR: In this paper, the authors propose a modele Matching/Building based on the theory of conception C-K. This modele rend compte de la maniere dont des acteurs developpent et modifient leurs propres raisonnements de conception durant leurs interactions.
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Conceptualizing Innovation Capabilities: a Contingency Perspective

TL;DR: In this paper, the authors identify four different contexts for innovation capabilities in a two-by-two matrix and discuss the types of innovation capabilities necessary within the four different context, as well as clarify the conceptual understanding of capabilities within the strategy literature and establish the relationship between these structures and innovation management theory.
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Does geopolitical risk matter for corporate investment? Evidence from emerging countries in Asia

TL;DR: In this article, the authors examined the effect of geopolitical risk on corporate investment in emerging Asian countries, using an extensive sample spanning 1995-2018, and found that geopolitical risk is negatively associated with corporate investment.
References
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TL;DR: In this paper, the authors describe the process of inducting theory using case studies from specifying the research questions to reaching closure, which is a process similar to hypothesis-testing research.
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TL;DR: The dynamic capabilities framework as mentioned in this paper analyzes the sources and methods of wealth creation and capture by private enterprise firms operating in environments of rapid technological change, and suggests that private wealth creation in regimes of rapid technology change depends in large measure on honing intemal technological, organizational, and managerial processes inside the firm.
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TL;DR: In this paper, the authors define a leadership event as a perceived segment of action whose meaning is created by the interactions of actors involved in producing it, and present a set of innovative methods for capturing and analyzing these contextually driven processes.
Journal ArticleDOI

A Resource-Based View of the Firm

TL;DR: In this paper, the authors explore the usefulness of analyzing firms from the resource side rather than from the product side, in analogy to entry barriers and growth-share matrices, the concepts of resource position barrier and resource-product matrices are suggested.
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Trending Questions (1)
How do firms identify and prioritize innovation domains based on trends in customer needs?

Firms identify and prioritize innovation domains by linking competences to technologies and customers, categorizing projects as exploitation or exploration, and seeking input from new customers for competence development.