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dc.contributor.authorHacklin, Fredrik
dc.contributor.authorRaurich, C.
dc.contributor.authorMarxt, Christian
dc.date.accessioned2017-12-02T15:00:42Z
dc.date.available2017-12-02T15:00:42Z
dc.date.issued2005
dc.identifier.urihttp://hdl.handle.net/20.500.12127/5838
dc.description.abstractCurrent innovation management literature and research statically differentiates between incremental and disruptive innovation, as far as the trajectory development is concerned. Incremental innovation is generally comprehended as an improvement of technology performance or product feature enhancement, whereas disruptive innovation is defined based on technologies previously new to the world, combined with their effects on markets. The authors of this research present how a convergence of several well-known, incrementally developing technologies can result in innovations with highly disruptive character in terms of innovation trajectories. Paradoxically, in disruptive situations, operative actions must be taken before strategic planning can be made, as the industrial and economic environment can be regarded as extremely uncertain. In this context, however, we argue that this special case caused by the convergence of technologies can serve to understand certain areas of emerging industrial disruptions and hence support the strategic planning and technology management of a firm acting in this area. The case of information and communication technology (ICT) industry is used to highlight this convergence phenomenon as a special case of emerging disruptive innovation. Based on this example, the process of innovations transforming from incremental towards disruptive due to convergence will be examined, and entrepreneurial recommendations for sustaining the competitive advantage and supporting value creation will be derived.
dc.language.isoen
dc.subjectSustainable Competitive Advantage
dc.subjectTechnology Management
dc.subjectBusiness Strategies
dc.titleImplications of technological convergence on innovation trajectories: the case of ICT industry
dc.identifier.journalInternational Journal of Innovation and Technology Management
dc.source.volume2
dc.source.issue3
dc.source.beginpage313
dc.source.endpage330
dc.identifier.eissn1793-6950
vlerick.knowledgedomainEntrepreneurship
vlerick.typearticleJournal article
dc.identifier.vperid222419
dc.identifier.vperid233597
dc.identifier.vperid234916
dc.identifier.vpubid7152


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