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The business environment of market leaders does not allow them to pursue disruptive innovations when they first arise, because they are not profitable enough at first and because their development can take scarce resources away from sustaining innovations (which are needed to compete against current competition). [5]
They place the disruptive technology into an autonomous organization that can be rewarded with small wins and small customer sets; They fail early and often to find the correct disruptive technology; They allow the disruption organization to utilize all of the company's resources when needed but are careful to make sure the processes and values ...
The technology-organization-environment framework, also known as the TOE framework, is a theoretical framework that explains technology adoption in organizations and describes how the process of adopting and implementing technological innovations are influenced by the technological context, organizational context, and environmental context ...
Clayton Magleby Christensen (April 6, 1952 – January 23, 2020) was an American academic and business consultant who developed the theory of "disruptive innovation", which has been called the most influential business idea of the early 21st century.
The concept of a technological innovation system was introduced as part of a wider theoretical school, called the innovation system approach. The central idea behind this approach is that determinants of technological change are not (only) to be found in individual firms or in research institutes, but (also) in a broad societal structure in which firms, as well as knowledge institutes, are ...
The technological imperative: focuses on organizational characteristics which can be measured and permits some level of contingency; Strategic choices: focuses on how technology is influenced by the context and strategies of decision-makers and users; Technology as maker of structural changes:: views technology as a social object
The process can be viewed as an evolutionary integration of organization, technology, and market, by iterating series of activities: search, select, implement and capture. [5] Innovation processes can either be pushed or pulled through development. A pushed process is based on existing or newly invented technology that the organization has ...
Technological innovation is the process where an organization (or a group of people working outside a structured organization) embarks in a journey where the importance of technology as a source of innovation has been identified as a critical success factor for increased market competitiveness. [2]