Factors differentiating the commercialization of disruptive and sustaining technologies
نویسندگان
چکیده
The nature of disruptive and sustaining technologies is sufficiently different to require different activities for the commercialization of these technology categories. Few theorists have developed conceptual schemes about the different methods of commercializing these technologies. The authors take the first steps in investigating these differences by contrasting firms that commercialize disruptive technologies with those that commercialize sustaining technologies. They reveal major differences and analyze these in terms of four major commercialization components: product realization, revenue generation, research support, and market potential. Several hypotheses regarding size of the firm, its financial risk profile, and its R&D strategy are utilized.
منابع مشابه
Dynamic Commercialization Strategies for Disruptive Technologies: Evidence from the Speech Recognition Industry
When startup innovation involves a potentially disruptive technology – initially lagging in the predominant performance metric, but with a potentially favorable trajectory of improvement – incumbents may be wary of engaging in cooperative commercialization with the startup. While the prevailing theory of disruptive innovation suggests that this will lead to (exclusively) competitive commerciali...
متن کاملThe Advocate’s Dilemma: Applying Clayton Christensen’s Work to Speed the Diffusion of Energy Efficiency Technologies
When theories about “disruptive” technologies became popular in the late 1990s, advocates were quick to apply the term to energy efficiency technologies. Based on such theories, efficiency advocates hailed the ultimate dominance of their favored technologies over current conventional energy technologies. These disruptive technology theories were largely popularized by Clayton M. Christensen, a ...
متن کاملA novel approach for assessment of candidate technologies with respect to their innovation potentials: Quick innovation intelligence process
Technological innovationprocess startswith technical discovery of new things or newways of doing things, i.e., invention. With the commercialization of invention, the term, innovation, takes place instead of invention. The process ends with (duplicative and/or creative) imitation by competitors. It is expected that maximum profits can be achieved in the time interval from commercialization of i...
متن کاملRFID Technology as Sustaining or Disruptive Innovation: Applications in the Healthcare Industry
In this paper we use the implementation of radio frequency identification (RFID) in various sectors of the healthcare industry as an illustration and application of how academics and managers may assess the potential for new technologies to be sustaining or disruptive to an organization. We review RFID technology, summarize literature related to disruptive innovation, develop a qualitative fram...
متن کاملA Model for Technology Assessment and Commercialization for Innovative Disruptive Technologies
To commercialize dk.ruptive technologies, new technology commercialization models need to be used. These models include expeditionary marketing but also should focus on the type of competencies that the R&D organizations possesses to be able to attract new partners in the process. This paper looks at these models and applies them to the LIGA processes at Sandia National Laboratories/Livermore.
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
عنوان ژورنال:
- IEEE Trans. Engineering Management
دوره 49 شماره
صفحات -
تاریخ انتشار 2002