Factors differentiating the commercialization of disruptive and sustaining technologies

The nature of disruptive and sustaining technologies is sufficiently different to require different activities for the commercialization of these technology categories. Few theorists have developed conceptual schemes about the different methods of commercializing these technologies. The authors take the first steps in investigating these differences by contrasting firms that commercialize disruptive technologies with those that commercialize sustaining technologies. They reveal major differences and analyze these in terms of four major commercialization components: product realization, revenue generation, research support, and market potential. Several hypotheses regarding size of the firm, its financial risk profile, and its R&D strategy are utilized.

[1]  Robert W. Veryzer Discontinuous innovation and the new product development process , 1998 .

[2]  M. Tushman,et al.  On the Organizational Determinants of Technological Change: Towards a Sociology of Technological Evolution , 1992 .

[3]  Thomas M. Smith,et al.  A History of Mechanical Inventions , 1961, Nature.

[4]  Clayton M. Christensen The Innovator's Dilemma: When New Technologies Cause Great Firms to Fail , 2013 .

[5]  W. Abernathy Innovation : Mapping the winds of creative destruction * , 2003 .

[6]  A. Cooper,et al.  How established firms respond to threatening technologies , 1992 .

[7]  Robert E. Spekman,et al.  Alliances, External Technology Acquisition, and Discontinuous Technological Change , 1997 .

[8]  K. Clark,et al.  Innovation: Mapping the winds of creative destruction☆ , 1993 .

[9]  R. V. Wyk Innovation: The attacker's advantage : Richard N. Foster 316 pages, £14.95 (London, Macmillan, 1986) , 1987 .

[10]  Paul D. Reynolds,et al.  New firms: Societal contribution versus survival potential , 1987 .

[11]  Lois S. Peters,et al.  Managing Discontinuous Innovation , 1998 .

[12]  Raimar Richers The theory of economic development , 1961 .

[13]  Lawrence M. Wein,et al.  Economics of Product Development by Users: the Impact of Sticky Local Information , 1998 .

[14]  Edwin R. Otto Innovation: The Attacker's Advantage , 1986 .

[15]  D. Birch Job Creation in America: How Our Smallest Companies Put the Most People to Work , 1987 .

[16]  Clayton M. Christensen,et al.  Disruptive Technologies: Catching the Wave , 1995 .

[17]  J. Linton,et al.  Infrastructure for Emergent Industries Based on Discontinuous Innovations , 2000 .

[18]  C. Prahalad,et al.  Competing for the Future , 1994 .

[19]  R. Leifer,et al.  Managing the transition of a discontinuous innovation project to operational status , 2000, Proceedings of the 2000 IEEE Engineering Management Society. EMS - 2000 (Cat. No.00CH37139).

[20]  Soren M. Kaplan,et al.  Discontinuous innovation and the growth paradox , 1999 .

[21]  Daryl McKee,et al.  An organizational learning approach to product innovation , 1992 .

[22]  M. Tushman,et al.  Technological Discontinuities and Dominant Designs: A Cyclical Model of Technological Change , 1990 .

[23]  Patricia W. Meyers,et al.  Defining roles for logistics during routine and radical technological innovation , 1989 .

[24]  V. Barnett,et al.  Applied Linear Statistical Models , 1975 .

[25]  Mark Billinghurst,et al.  Crossing the Chasm , 2001 .

[26]  M. Porter Competitive Advantage: Creating and Sustaining Superior Performance , 1985 .

[27]  Raymond Radosevich,et al.  Strategic Challenges and Proposed Responses to Competitiveness through Public-Sector Technology , 1993 .

[28]  P. Carroad,et al.  Strategic Interfacing of R&D and Marketing , 1982 .

[29]  Amy K. Glasmeier,et al.  Technological discontinuities and flexible production networks: The case of Switzerland and the world watch industry * , 1991 .

[30]  Anne P. Carter,et al.  The Economics of Technological Change , 1966 .

[31]  Michael H. Kutner Applied Linear Statistical Models , 1974 .

[32]  G. Lynn,et al.  Marketing and Discontinuous Innovation: The Probe and Learn Process , 1996 .

[33]  Ellinor Ehrnberg,et al.  On the definition and measurement of technological discontinuities , 1995 .