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The dynamics of product innovation and firm competences
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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, Ltdread more
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Strategic Renewal: Past Research, Theoretical Tensions and Future Challenges
TL;DR: In this paper, the authors identify three key theoretical tensions at the heart of strategic renewal research, namely learning vs. resource, induced vs. autonomous, and co-alignment vs. co-creation.
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Drucker's Insights on Market Orientation and Innovation: Implications for Emerging Areas in High-Technology Marketing
Jakki J. Mohr,Shikhar Sarin +1 more
TL;DR: In this paper, the authors explore Drucker's insights with respect to two particularly salient issues for high-tech companies: developing and implementing a market orientation and break-through innovations.
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Exploratory innovation, exploitative innovation, and performance: Influence of business strategies and environment
TL;DR: Wang et al. as discussed by the authors explore the impact of a firm's innovation activities on performance, and focus on the internal fit and external fit of two types of innovation activities, exploratory innovation and exploitative innovation.
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The individual side of ambidexterity: Do individuals' perceptions match actual behaviors in reconciling the exploration and exploitation trade-off?
TL;DR: In this article, the authors identify four different situations at the individual level, depending on the consistency/inconsistency between individuals' role perceptions and their actual behaviors, and suggest theoretical propositions on how individual characteristics, namely prior work experience and behavioral competency profile, may impact on the different situations of personal ambidexterity.
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All the right moves: How entrepreneurial firms compete effectively
TL;DR: In this paper, the authors examine competitive moves by which firms achieve superior performance and find that entrepreneurial firms require competitive strategies that are different from those of a control group of comparable large firms.
References
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Naturalistic inquiry: Beverly Hills, CA: Sage Publications, 1985, 416 pp., $25.00 (Cloth)
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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.