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About this book
Within the last decades, an interesting economic phenomenon can be observed in many industries across the globe: companies that for many years had dominated their respective segments misjudged the potential of a new technology and, in consequence, missed an important innovation frequently resulting in fatal economic consequences. Just to give one example: KODAK lost its dominating position as it decided far too late to invest in digital photography, a radical innovation that completely changed the photo industry. Interestingly, like many other companies that have been subject to this phenomenon Kodak was considered to be excellently management and to possess well-designed customer processes. However, the factors driving the prosperity of an industry incumbent may at the same time trigger its economic decline. Contrary to "hungry" companies that believe disruptive innovations to be their opportunity to - shuffle the cards of the game, market leaders often seem to face serious difficulties in capitalizing on radical innovations.
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Table of contents (9 chapters)
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Front Matter
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Back Matter
About the author
Dr. Patrick Schulze wrote this dissertation under Prof. Malte Brettel’s supervision at the WIN chair of the RWTH Aachen.
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Bibliographic Information
Book Title: Balancing Exploitation and Exploration
Book Subtitle: Organizational Antecedents and Performance Effects of Innovation Strategies
Authors: Patrick Schulze
Series Title: Entrepreneurship
DOI: https://doi.org/10.1007/978-3-8349-8397-8
Publisher: Gabler Verlag Wiesbaden
eBook Packages: Business and Economics, Business and Management (R0)
Copyright Information: Gabler Verlag | Springer Fachmedien Wiesbaden GmbH, Wiesbaden 2009
Softcover ISBN: 978-3-8349-2025-6Published: 08 October 2009
eBook ISBN: 978-3-8349-8397-8Published: 09 November 2009
Series ISSN: 2627-2547
Series E-ISSN: 2627-2555
Edition Number: 1
Number of Pages: XX, 288
Number of Illustrations: 56 b/w illustrations
Topics: Business Strategy/Leadership, Innovation/Technology Management