Unveiling the Impacts of Disruptive Innovation (original) (raw)
A reflective review of disruptive innovation theory
2008
This paper is devoted to integrate and discuss the latest arguments on the Disruptive Innovation theory, and to provoke questions for further research. The key issues have been summarized into three major perspectives: (1) "What is disruptive technology and disruptive innovation", including the evolution, description, and the actual definition of disruptive innovation. (2) "The predictive use of the theory" and (3) "How to enable a potential disruptive innovation". After an extensive and reflective review, we have found that the research focus to- date has well studied the business model and organizational challenges of exploiting disruptive innovation. There is a trend to tailor abundant knowledge and tools of marketing literature to study identification of emerging markets and customers' latent needs. The technology perspective received very limited coverage and a significant amount of research is recommended on the purposeful creation of candidate technologies for disruptive innovation. A series of potential inhibitors and enablers of Disruptive Innovation are also identified as managerial "take-away".
A Reflective Review of Disruptive Innovation Theoryi jmr_272 435..452
Disruptive Innovation Theory has created a significant impact on management practices and aroused plenty of rich debate within academia. Copious as the studies are, the scattered and conflicting nature of the literature on disruptive innovation in the last decade may pose a state of ambiguity for future research, thus necessitating a comprehensive review at this juncture. This paper first clarifies the basic concept and potential misinterpretations of the theory. Believing in the predictive value of the theory on firm performance, the authors then summarize and critique the research on how to enable potential disruptive innovation from internal, external, marketing and technology perspectives. The different perspectives inspired the authors to identify a number of key research directions within the disruptive innovation research domain. Potential future research is also briefly discussed by integrating disruptive innovation with other research domains, such as open innovation. Finally, in addition to theoretical contributions , the authors make practical contributions by outlining a series of potential inhibi-tors and enablers of disruptive innovation as managerial 'take-aways'.
Disruptive Innovation Explored
IPSE International Conference on …, 2002
Disruptive innovation is a term used to describe innovation that is of highly discontinuous or revolutionary nature, which is the opposite of evolutionary or incremental innovation. The term is becoming more widely recognised, but a consistent view of what disruptive innovation is or how it is defined is missing. This paper explores the different dimensions of disruptive innovation put forward by different authors and proposes a working definition as a key building block for an European Commission (EC) co-sponsored research project (“DisruptIT”). The working definition will be used to guide the development of the tools and methods that will help organisations enable and manage disruptive innovation as a key competitive strategy.
Perspectives on Disruptive Innovations
Journal of Management Studies, 2018
Everyday experiences speak to the accelerated pace of innovation in this era of continual change. Sometimes, innovations enhance the value of existing products and services. At other times, they render existing business models obsolete, disrupt value-networks, prompt providers to rethink who their customers are, and lead customers to rethink what they value. What does it mean to manage in such a world of disruptive changes, and how might we research this phenomenon? Together with the contributors to this special issue, we anchor, explore and extend the meanings associated with the concept of disruptive innovation. In particular, we discuss several perspectives on disruptionevolutionary, relational, temporal and framingthat culminate in a performative (as opposed to a predictive) approach to thinking about the phenomenon. In doing so, our intention is to open up the agenda for both researchers and practitioners.
Disruptive Innovation: A Catalyst for Change in Business and Market Modeling
As the business market environment continues to shift and long-term stability is not easily attainable with the constant market disruptions and emerging regions. In order to compete on this platform, organizations must maintain flexibility within their business models and strategies to effectively capitalize or respond to market disruptions.
Creativity and Innovation Management
The literature on disruptive innovation has convincingly explained why many established firms encounter problems under conditions of discontinuous change. Incumbents fail to invest in new technologies that are not demanded by their existing customers. This argument is grounded in resource dependency theory and the associated assumption that existing customers control a firm’s internal resource allocation processes. While the problem of disruptive innovation has been convincingly explained, there is still a need for managerial solutions. We argue that a key reason why such solutions are lacking can be found in the asymmetric assumptions made in the original theory of disruptive innovation. Specifically, we identify two related forms of asymmetry. First, the focal (incumbent) firm is treated as a collection of heterogeneous actors with different preferences, incentives and competencies, whereas firms in the surrounding environment are treated as if they contained no such heterogeneity. Second, the theory of disruptive innovation describes incumbents as controlled by their environment, but has failed to recognize that the environment can also be influenced. In this paper we argue that a more symmetric theory of disruptive innovation — i.e. one that treats all similar entities in the same way — opens up for a range of interesting managerial solutions.