Week 16: Technological Innovation and Change Flashcards
Mintzberg (1994):
Fallacy of pre-determination – can’t predict tech. change, so must remain flexible, forward thinking and cooperative between levels
Bower and Christensen (1995)
Disruptive technologies: strong incumbents rarely stay at the top of their industry during technological change Successful fail since they rely too heavily on existing customers (future tech. considered uncertain) Advocates looking for new markets using smaller and independent organizations
First movers only have an advantage in theory, later entrants usually take more profits
Cusumano et al 1992
Tripsas and Gavetti (2000)
Case study on Polaroid. Organizational inertia (business model didn’t change despite changing technology) and ignoring new developments in capabilities meant Polaroid failed
Fallacy of pre-determination – can’t predict tech. change, so must remain flexible, forward thinking and cooperative between levels
Mintzberg (1994):
Liberman and Montgomery (1988)
Against Teece 1986, says that first mover advantages pay off. Firm with strong R&D, entrepreneurial vision = first mover. Firm that is skilled in manufacturing and marketing = imitator.
Teece 1986
Innovation must be hard to imitate for first mover to profit from it Otherwise, it will be second and third movers who will capture the profits
Cusumano et al 1992
First movers only have an advantage in theory, later entrants usually take more profits
Disruptive technologies: strong incumbents rarely stay at the top of their industry during technological change Successful fail since they rely too heavily on existing customers (future tech. considered uncertain) Advocates looking for new markets using smaller and independent organizations
Bower and Christensen (1995)
Against Teece 1986, says that first mover advantages pay off. Firm with strong R&D, entrepreneurial vision = first mover. Firm that is skilled in manufacturing and marketing = imitator.
Liberman and Montgomery (1988)
Case study on Polaroid. Organizational inertia (business model didn’t change despite changing technology) and ignoring new developments in capabilities meant Polaroid failed
Tripsas and Gavetti (2000)
Major innovations followed by smaller innovations
Abernathy and Utterback 1978
Innovation must be hard to imitate for first mover to profit from it Otherwise, it will be second and third movers who will capture the profits
Teece 1986
Abernathy and Utterback 1978
Major innovations followed by smaller innovations
Barley 1986
New technologies have social and structural impacts on organisations
Effects vary from firm to firm. Link to Conner 1991