Innovation ecosystems and the pace of substitution: Re-examining technology S-curves

Strategic Management Journal

Volumn 37, Issue 4, 2016, Pages 625-648

  Adner, Ron ^a   Kapoor, Rahul ^b  

^a DARTMOUTH COLLEGE   (United States)

^b UNIVERSITY OF PENNSYLVANIA   (United States)

Author keywords

ecosystems; innovation; substitution; technology competition; technology evolution

Indexed keywords

ECOLOGY; INNOVATION; SUBSTITUTION REACTIONS;

COMPETING TECHNOLOGIES; EQUIPMENT INDUSTRIES; FIRM STRATEGY; INCUMBENT TECHNOLOGY; SEMICONDUCTOR LITHOGRAPHY; TECHNOLOGY COMPETITIONS; TECHNOLOGY EVOLUTION; TECHNOLOGY TRANSITION;

ECOSYSTEMS;

EID: 84924944272     PISSN: 01432095     EISSN: 10970266     Source Type: Journal    
DOI: 10.1002/smj.2363     Document Type: Article

References (60)

1. Abernathy WJ, Clark KB. 1985. Innovation: mapping the winds of creative destruction. Research Policy 14: 3–22.
2. Adner R. 2002. When are technologies disruptive: a demand-based view of the emergence of competition. Strategic Management Journal 23: 667–688.
3. Adner R. 2004. A demand-based perspective on technology life cycles. In Business Strategy Over the Industry Lifecycle: Advances in Strategic Management (Volume 21), Baum J, McGahan A (eds). Elsevier: Oxford, UK; 25–43.
4. Adner R. 2006. Match your innovation strategy to your innovation ecosystem. Harvard Business Review 84(4): 98–107.
5. Adner R. 2012. The Wide Lens: A New Strategy for Innovation. Penguin: London, UK.
6. Adner R, Kapoor R. 2010. Value creation in innovation ecosystems: how the structure of technological interdependence affects firm performance in new technology generations. Strategic Management Journal 30(3): 306–333.
7. Adner R, Levinthal DA. 2001. The emergence of emerging technologies. California Management Review 45(1): 50–66.
8. Agarwal R, Bayus B. 2002. The market evolution and sales takeoff of product innovations. Management Science 48(8): 1024–1041.
9. Anderson PC, Tushman ML. 1990. Technological discontinuities and dominant designs. Administrative Science Quarterly 35(4): 604–633.
10. Ansari S, Garud R. 2009. Inter-generational transitions in socio-technical systems: the case of mobile communications. Research Policy 38(2): 382–392.
11. Bass FM. 2004. Comments on "A new product growth for model consumer durables the bass model". Management Science 50(12S): 1833–1840.
12. Christensen CM. 1997. Innovator's Dilemma: When New Technologies Cause Great Firms to Fail. Harvard Business School Press: Boston, MA.
13. Cusumano MA, Mylonadis Y, Rosenbloom RS. (1992). Strategic maneuvering and mass-market dynamics: The triumph of VHS over Beta. Business history review, 66(01), 51–94.
14. Christensen CM, Rosenbloom RS. 1995. Explaining the attacker's advantage: technological paradigms, organizational dynamics, and the value network. Research Policy 24(2): 233–257.
15. Constant EW. 1980. The Origins of the Turbojet Revolution. Johns Hopkins University Press: Baltimore, MD.
16. Dranove D, Gandal N. 2003. The Dvd-vs.-Divx standard war: empirical evidence of network effects and preannouncement effects. Journal of Economics & Management Strategy 12(3): 363–386.
17. Ethiraj SK. 2007. Allocation of inventive effort in complex product systems. Strategic Management Journal 28(6): 563–584.
18. Farrel J, Saloner G. 1986. Installed base and compatability: innovation, product preannouncements, and predation. American Economic Review 76(5): 940–955.
19. Fisher J, Pry R. 1972. A simple substitution model of technological change. Technological Forecasting and Social Change 3: 75–88.
20. Foster R. 1986. Innovation: The Attacker's Advantage. Summit Books: New York.
21. Franco AM, Sarkar MB, Agarwal R, Echambadi R. 2009. Swift and smart: the moderating effects of technological capabilities on the market pioneering-firm survival relationship. Management Science 55(11): 1842–1860.
22. Funk J. 2008. Components, systems, and technological discontinuities: lessons from the IT sector. Long Range Planning 41(5): 555–573.
23. Furr NR, Snow D. 2014. Inter-generational hybrids: spillbacks, spillforwards, and adapting to technology discontinuities. Organization Science. http://pubsonline.informs.org/doi/abs/10.1287/orsc.2014.0930 (26 February 2015).
24. Griliches Z. 1957. Hybrid corn: an exploration in the economics of technological change.
25. Hall B. 2004. Innovation and diffusion. In The Oxford Handbook of Innovation, Fagerberg J, Mowery D, Nelson RR (eds). Oxford University Press: Oxford, UK; 459–485.
26. Harley CK. 1971. The shift from sailing ships to steamships, 1850–1890: a study in technological change and its diffusion. In Essays on a Mature Economy: Britain after 1840 (Volume xv), McCloskey DN (ed). Princeton University Press: Princeton, NJ; 439 pp.
27. Helfat CE, Klepper S. 2007. Firm and industry evolution and entrepreneurship (FIVE project): data overview (November 2, 2007). In 2007 Kauffman Symposium on Entrepreneurship and Innovation Data. Available at SSRN: http://ssrn.com/abstract=1022116. (accessed 10 January 2008).
28. Henderson R. 1993. Underinvestment and incompetence as responses to radical innovation: evidence from the photolithographic alignment equipment industry. RAND Journal of Economics 24(2): 248–270.
29. Henderson RM. 1995. Of life cycles real and imaginary: the unexpectedly long old age of optical lithography. Research Policy 24(4): 631–643.
30. Henderson RM, Clark KB. 1990. Architectural innovation: the reconfiguration of existing product technologies and the failure of established firms. Administrative Science Quarterly 35(1): 9–30.
31. Hibbs M, Kunz R, Rothschild M. 1995. 193-nm lithography at MIT Lincoln lab. Solid State Technology 38: 69–78.
32. Hughes TP. 1983. Networks of Power: Electrification in Western Society 1880–1930. Johns Hopkins University Press: Baltimore, MD.
33. Iansiti M. 1998. Technology Integration: Making Critical Choices in a Dynamic World. Harvard Business School Press: Boston, MA.
34. Iansiti M, Levien R. 2004. The Keystone Advantage: What the New Dynamics of Business Ecosystems Mean for Strategy, Innovation, and Sustainability. Harvard Business School Press: Boston, MA.
35. Iyengar R, Van den Bulte C, Valente T. 2011. Opinion leadership and social contagion in new product diffusion. Marketing Science 30(2): 195–212.
36. Kapoor R. 2013. Collaborating with complementors: what do firms do? Advances in Strategic Management 30: 3–25.
37. Kapoor R, McGrath PJ. 2014. Unmasking the interplay between technology evolution and R&D collaboration: evidence from the global semiconductor manufacturing industry, 1990–2010. Research Policy 43(3): 555–569.
38. Katz ML, Shapiro C. 1985. Network externalities, competition, and compatibility. American Economic Review 75(3): 424–440.
39. King AA, Tucci CL. 2002. Incumbent entry into new market niches: the role of experience and managerial choice in the creation of dynamic capabilities. Management Science 48(2): 171–186.
40. Levinthal DA. 1998. The slow pace of rapid technological change: gradualism and punctuation in technological change. Industrial and Corporate Change 7(2): 217–247.
41. McGahan AM. 2004. How Industries Evolve: Principles for Achieving and Sustaining Superior Performance. Harvard Business School Press: Boston, MA.
42. Mitchell W. 1989. Whether and when? Probability and timing of incumbents' entry into emerging industrial subfields. Administrative Science Quarterly 34(2): 208–230.
43. Mitchell W. 1991. Dual clocks: entry order influences on incumbent and newcomer market share and survival when specialized assets retain their value. Strategic Management Journal 12(2): 85–100.
44. Moore JF. 1993. Predators and prey: a new ecology of competition. Harvard Business Review 71(3): 75–86.
45. National Advisory Committee on Semiconductors. 1991. MICROTECH 2000 Workshop Report. U.S. Government Printing Office: Washington, DC.
46. Rogers EM. 2003. Diffusion of Innovations. The Free Press: New York.
47. Rosenberg N. 1976. Perspectives on Technology. Cambridge University Press: Cambridge, UK.
48. Rosenberg N. 1982. Inside the Black Box: Technology & Economics. Cambridge University Press: Cambridge, UK.
49. Rothaermel FT, Hill CW. 2005. Technological discontinuities and complementary assets: a longitudinal study of industry and firm performance. Organization Science 16(1): 52–70.
50. Scott WR. 2003. Organizations: Rational, Natural and Open Systems. Upper Saddle River, NJ: Prentice-Hall. 5th ed.
51. Snow D. 2008. Extraordinary efficiency growth in response to new technology entry: the carburetor's “Last Gasp”. Harvard Business School Working Paper #1668643.
52. Sood A, Tellis GJ. 2005. Technological evolution & radical innovation. Journal of Marketing 69(3): 152–168.
53. Stremersch S, Tellis GJ, Franses PH, Binken JLG. 2007. Indirect network effects in new product growth. Journal of Marketing 71(3): 52–74.
54. Taylor A. 2010. The next generation: technology adoption and integration through internal competition in new product development. Organization Science 21: 23–41.
55. Teece DJ. 1986. Profiting from technological innovation: implications for integration, collaboration, licensing and public policy. Research Policy 15(6): 285–305.
56. Terasawa T, Hasegawa N, Kurosaki T, Tanaka T. 1989. 0.3-micron optical lithography using a phase-shifting mask. Proceedings of the International Society for Optical Engineering 1088: 25–33.
57. Tripsas M. 1997. Unraveling the process of creative destruction: complementary assets and incumbent survival in the typesetter industry. Strategic Management Journal 18(6): 119–142.
58. Tripsas M. 2008. Customer preference discontinuities: a trigger for radical technological change. Managerial and Decision Economics 29(2–3): 79–97.
59. Tushman ML, Anderson P. 1986. Technological discontinuities and organizational environments. Administrative Science Quarterly 31(3): 439–465.
60. Utterback JM. 1994. Mastering the Dynamics of Innovation: How Companies can Seize Opportunities in the Face of Technological Change. Harvard Business School Press: Boston, MA.