Dynamic commercialization strategies for disruptive technologies: Evidence from the speech recognition industry

Management Science

Volumn 60, Issue 12, 2014, Pages 3103-3123

  Marx, Matt ^a   Gans, Joshua S ^b   Hsu, David H ^c  

^a MASSACHUSETTS INSTITUTE OF TECHNOLOGY   (United States)

^b UNIVERSITY OF TORONTO   (Canada)

^c UNIVERSITY OF PENNSYLVANIA   (United States)

Author keywords

Disruptive innovation; Technology commercialization strategy

Indexed keywords

MANAGEMENT; OPERATIONS RESEARCH;

AUTOMATED SPEECH RECOGNITION; DISRUPTIVE INNOVATIONS; DISRUPTIVE TECHNOLOGY; DYNAMIC STRATEGIES; PERFORMANCE METRICES; PRODUCT MARKETS; TECHNOLOGY COMMERCIALIZATIONS;

SPEECH RECOGNITION;

EID: 84918552890     PISSN: 00251909     EISSN: 15265501     Source Type: Journal    
DOI: 10.1287/mnsc.2014.2035     Document Type: Article

References (40)

1. Adner R (2002) When are technologies disruptive? A demandbased view of the emergence of competition. Strategic Management J. 23(8):667-688.
2. Adner R, Zemsky P (2005) Disruptive technologies and the emergence of competition. RAND J. Econom. 36(2):229-254.
3. Arora A, Nandkumar A (2011) Cash-out or flameout! Opportunity cost and entrepreneurial strategy. Management Sci. 57(10): 1844-1860.
4. Arora A, Fosfuri A, Gambardella A (2001) Markets for technology and their implications for corporate strategy. Indust. Corporate Change 10(2):419-451.
5. Baum J, Calabrese T, Silverman B (2000) Don't go it alone: Alliance network composition and startups' performance in Canadian biotechnology. Strategic Management J. 21(3):267-294.
6. Bhide A (2000) The Origin and Evolution of New Businesses(Oxford University Press, New York).
7. Bower JL, Christensen CM (1995) Disruptive technologies: Catching the wave. Harvard Bus. Rev. (January-February).
8. Brodsky I (2008) The History of Wireless: How Creative Minds Produced Technology for the Masses (Telescope Books, St. Louis, MO).
9. Cassiman B, Ueda M (2006) Optimal project rejection and new firm start-ups. Management Sci. 52(2):262-275.
10. Chatterji A, Fabrizio K (2013) Does the market for ideas influence the rate and direction of innovative activity? Evidence from the medical device industry. Working paper, Fuqua School of Business, Duke University, Durham, NC.
11. Chen Y, Turut Ö (2013) Context-dependent preferences and innovation strategy. Management Sci. 59(12):2747-2765.
12. Christensen CM (1997) The Innovator's Dilemma (Harper Collins Publishers, New York).
13. Christensen CM, Bower J (1996) Customer power, strategic investment, and the failure of leading firms. Strategic Management J. 17(3):197-218.
14. Christensen CM, Rosenbloom RS (1995) Explaining the attacker's advantage: Technological paradigms, organizational dynamics, and the value network. Res. Policy 24(2):233-257.
15. Creitz W (1982) Monthly news briefs. VoiceNews (May).
16. Creitz W (1984) Monthly news briefs. VoiceNews (September).
17. Dahlin K, Behrens D (2005) When is an invention really radical? Defining and measuring technological radicalness. Res. Policy 34(5):717-737.
18. Einstein D (2000) Speech recognition leader can't make itself clear. Forbes (September 29) http://www.forbes.com/2000/10/02/ 1002global.html.
19. Fosfuri A (2006) The licensing dilemma: Understanding the determinants of the rate of technology licensing. Strategic Management J. 27(12):1141-1158.
20. Foster RN (1986) Innovation: The Attacker's Advantage (Summit Books, New York).
21. Gans JS (2012) Negotiating for the market. Working paper, University of Toronto, Toronto, ON.
22. Gans JS, Hsu DH, Stern S (2002) When does start-up innovation spur the gale of creative destruction? RAND J. Econom. 33(4):571-586.
23. Gans JS, Stern S (2000) Incumbency and R&D incentives: Licensing the gale of creative destruction. J. Econom. Management Strategy 9(4):485-511.
24. Gans JS, Stern S (2003) The product market and the market for "ideas": Commercialization strategies for technology entrepreneurs. Res. Policy 32(2):333-350.
25. Gavetti G, Rivkin J (2007) On the origin of strategy: Action and cognition over time. Organ. Sci. 18(3):420-439.
26. Helfat C, Lieberman M (2002) The birth of capabilities: Market entry and the importance of pre-history. Indust. Corporate Change 11(4):725-760.
27. Hsu DH (2006) Venture capitalists and cooperative commercialization strategy. Management Sci. 52(2):204-219.
28. Iansiti M (2000) How the incumbent can win: Managing technological transitions in the semiconductor industry. Management Sci. 46(2):169-185.
29. Juang B, Rabiner L, eds. 2004 Automatic Speech Recognition-A Brief History of the Technology Development (Encyclopedia of Language and Linguistics, Elsevier).
30. King A, Tucci C (2002) Incumbent entry into new market niches: The role of experience and managerial choice in the creation of dynamic capabilities. Management Sci. 48(2):171-186.
31. Maremont M, Eisinger J, Song MY (2000) Lernout & Hauspie surges in Korea, raising questions. Wall Street Journal (August 8).
32. Meisel W (2002) Nuance to shift strategy and depend less on partners. Speech Recognition Update 114:1-23.
33. Mitchell W (1989) Whether and when? Probability and timing of incumbents' entry into emerging industrial subfield. Admin. Sci. Quart. 34(2):208-230.
34. Murray F, Tripsas M (2004) The exploratory processes of entrepreneurial firms: The role of purposeful experimentation. Adv. Strategic Management 21:45-75.
35. OECD (Organisation for Economic Co-operation and Development) (1967) Technological forecasting in perspective. Report, OECD, Paris.
36. Phillips M (2013) Personal communication with Matt Marx, April 26, 2013, Boston.
37. Teece DJ (1986) Profiting from technological innovation: Implications for integration, collaboration, licensing and public policy. Res. Policy 15(6):285-305.
38. Tushman M, Anderson P (1986) Technological discontinuities and organizational environments. Admin. Sci. Quart. 31:439-465.
39. Viterbi A (2012) Personal communication via email with Matt Marx, November 2012.
40. Walls & Associates (2010) National Establishment Time-Series (NETS) Database, October 2011.