The purpose of this paper is to analyze how a firm responds to a challenge from a
transformational technology that poses a threat to its historical business model. We extend …

The issue of the failure of incumbent firms in the face of radical technical change has been a
central question in the technology strategy domain for some time. We add to prior …

Abstract Research Summary Startups are increasingly turning to incumbent firms for venture
capital, anticipating access to the investor's knowledge and complementary assets …

Industries with emerging market categories offer greater opportunities for firms to innovate.
However, such opportunities are not a matter of “the more, the better.” An increasing number …

This chapter presents a theoretical perspective concerning the management of change and
innovation and correlates it with aspects of employees' reactions to change. The central …

During the last few years, competition has radically changed due to the increase of
unconventional players (mainly inter-or cross-industry) that have redrawn the landscape of …

Startups are increasingly turning to the incumbent firms in their industries for venture capital.
However, there remain significant gaps in our understanding of how these relationships …

A radical innovation can assist a company in maintaining a competitive advantage in the
market place. The concept of disruptive innovation and radical innovation is explored in this …

This paper describes the fundamental dynamics through which technological innovations
create economic and social value. These dynamics exist at three interrelated levels: The …