Industrial Change Flashcards
Klepper 1997 - industrial lifecycle model
Birth/childhood, growth/adolescence and maturity (industry shake out)/ saturation
S-shaped curve process:
Embryonic ‘snake pit’, growth, saturation/maturity
Albernathy and Utterback 1978- patterns of industrial innovation
Product then process innovation!
Fluid phase (product innovation)
Transitional phase (dominant design
Increases costs and triggers shake out (specific stage)
Tushman and Anderson - punctuated equilibrium framework
RADICAL CHANGE
Technological discontinuity, era of ferment > dominant design and era of incremental change
The sailing ship effect
Established product vs. Invading product
Clayton Christensen - sustaining vs. Disruptive innovations
Sustaining innovation : listens/ analyses/ invests in existing customers
Disruptive innovation:
Introduce new functionalities