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dc.contributor.authorHacklin, Fredrik
dc.contributor.authorMarxt, Christian
dc.contributor.authorInganäs, Martin
dc.contributor.editorHörlesberger, Marianne
dc.contributor.editorEl-Nawawi, Mohamed
dc.contributor.editorKhalil, Tarek
dc.date.accessioned2019-04-22T14:12:51Z
dc.date.available2019-04-22T14:12:51Z
dc.date.issued2007
dc.identifier.isbn9789812708557
dc.identifier.doi10.1142/9789812770318_0015
dc.identifier.urihttp://hdl.handle.net/20.500.12127/6221
dc.description.abstractIn recent cases of industrial dynamics and technological change, the acquisition of technologies is often not based on strategic choice, but can rather be regarded as a required operation in order to tackle risks in emerging phases of consolidation. In particular, the phenomenon of technological convergence is examined as a special case for acquisition of technologies. Introduced by a discussion of drivers for such a convergence, its implications on technology and innovation management practices are investigated. Special focus is laid onto the resulting impact in terms of business model convergence, where creative destruction might lead to severe disruptions in the competitive environment. Based on these reflections, two scenarios for acquisition approaches are introduced. In the first scenario, the convergence causes the current internal competencies to be merged with external ones, resulting in an emerging dominant design, from of which the firm holds a critical resource stake. In the second scenario, the firm's internal competencies remain outside the emerging dominant design. Especially in the latter scenario, the relevance of dynamic capabilities in managerial actions is underlined. The argumentation is illustrated by using the case of telecommunication industry actors in tackling convergence challenges, and in implementing practices for acquisition of technologies and related competencies.
dc.language.isoen
dc.publisherWorld Scientific Pub Co Inc
dc.subjectIndustrial Dynamics
dc.subjectTechnological Change
dc.titleChallenges in the management of new technologies
dc.title.alternativeTechnology acquisition through convergence: the role of dynamic capabilities
dc.source.beginpage211
dc.source.endpage225
dc.contributor.departmentETH Zürichen_US
vlerick.knowledgedomainEntrepreneurship
vlerick.typebookBook Chapter
vlerick.vlerickdepartmentEGS
dc.identifier.vperid222419


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