CUED Publications database

Overcoming the innovation barrier: A search-selection model of breakthrough innovation in large firms

Ford, SJ and Ferriani, S and Probert, DR (2013) Overcoming the innovation barrier: A search-selection model of breakthrough innovation in large firms. In: Strategy and Communication for Innovation. UNSPECIFIED, pp. 41-62.

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Abstract

© Springer-Verlag Berlin Heidelberg 2013. Breakthrough innovations are important to the firm. They enable firms to challenge the existing technological order and shape new paths, allowing them to engage in corporate reinvention, growth and new business development. They represent rare, valuable and inimitable sources of competitive advantage for firms. Yet most established firms have too many obligations and too much to lose to justify the obvious risks of chasing radical possibilities. There are a number of causes for this risk averseness: Under-investment in radical innovation, falling into competency traps, being constrained by core rigidities, and remaining overly committed to their main customers. Drawing on previous research in the field, we suggest that two fundamental enabling conditions can be identified for an established firm wishing to engage in breakthrough innovation.

Item Type: Book Section
Subjects: UNSPECIFIED
Divisions: Div E > Strategy and Policy
Depositing User: Cron Job
Date Deposited: 17 Jul 2017 19:43
Last Modified: 21 Sep 2017 01:35
DOI: 10.1007/978-3-642-41479-4_4