Entrepreneurship, Innovation, and Platforms

Jeffrey Furman|Annabelle Gawer|Brian S. Silverman|Scott Stern

Emerald

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9781787430808

29 September 2017

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9781787430792

29 September 2017

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9781787432574

29 September 2017

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Technology-based industries have come to account for ever-greater shares of economic activity during the last 30 years. Recently, rapid, digitally-enabled technological change has generated new opportunities for value creation, enabled new ways of capturing value, and stimulated the emergence of new organizational forms such as platforms and ecosystems. Together with the development of supporting institutions, including incubators, accelerators, and increasingly creative ways of funding new ventures, this has led to an explosion of interest in entrepreneurial activity across industries and sectors.

Scholars, policymakers and practitioners recognize the importance of technological innovation and entrepreneurship for competitive advantage, comparative advantage, and society’s economic well-being. There is tremendous academic and practical interest not only in how new ventures assemble resources necessary to deliver value, but also on how incumbent organizations may adapt to harness technological innovation, and on how industries evolve in the face of this pervasive technological change.

Despite recent advances in our understanding of how innovation and entrepreneurship impact the creation and appropriation of value, numerous questions remain unanswered. This volume draws together scholars working at the forefront of entrepreneurship-, strategy-, and innovation-related domains to explore these questions. The volume makes particular contributions to the entrepreneurship, innovation, and platform literatures.

INTRODUCTION, ENTREPRENEURSHIP, INNOVATION, AND PLATFORMS; Jeffrey Furman, Annabelle Gawer, Brian S. Silverman, and Scott Stern 1. NEGOTIATING FOR THE MARKET; Joshua S. Gans 2. INNOVATION POLICIES; Ramana Nanda and Matthew Rhodes-Kropf 3. NUANCED ROLE OF RELEVANT PRIOR EXPERIENCE: SALES TAKEOFF OF DISRUPTIVE PRODUCTS AND PRODUCT INNOVATION WITH DISRUPTED TECHNOLOGY IN INDUSTRIAL ROBOTICS; Raja Roy and Mazhar Islam 4. STRUCTURAL VERSUS EXPERIENCED COMPLEXITY: A NEW PERSPECTIVE ON THE RELATIONSHIP BETWEEN ORGANIZATIONAL COMPLEXITY AND INNOVATION; Maya Cara, Julian Birkinshaw, and Suzanne Heywood 5. NETWORK STABILITY, NETWORK EXTERNALITIES, AND TECHNOLOGY ADOPTION; Catherine Tucker 6. PLATFORMS, OPEN/USER INNOVATION, AND ECOSYSTEMS: A STRATEGIC LEADERSHIP PERSPECTIVE; Elizabeth J. Altman and Michael L. Tushman 7. DYNAMIC CAPABILITIES AND (DIGITAL) PLATFORM LIFECYCLES; David J. Teece 8. PLATFORM BOUNDARY CHOICES: “OPENING-UP” WHILE STILL COORDINATING AND ORCHESTRATING; Kevin J. Boudreau 9. AMAZON WARRIOR: HOW A PLATFORM CAN RESTRUCTURE INDUSTRY POWER AND ECOLOGY; Henrich R. Greve and Seo Yoon Song 10. OPEN SOURCE PLATFORMS BEYOND SOFTWARE: FROM ICT TO BIOTECHNOLOGY; Joel West

Business and technology specialists from North America, the UK, and Singapore provide 10 essays on the relationship between innovation, entrepreneurship, and technology platforms. They discuss entrepreneurship and entrant-incumbent dynamics and their competition, including negotiating for the market, types of innovation projects funded by financiers, and product innovation using disruptive technology prior to and after sales takeoff in the robotics industry; innovation and technology adoption within large incumbent firms, including the relationship between organizational complexity and innovation, the effects of the destabilizing of a social network on network externalities, and managerial and organizational challenges firms and senior teams face in transitioning from traditionally closed ways of conducting business to externally focused platform, ecosystem, and innovation strategies; and platform-based competition, with discussion of strategies of the platform provider, the impact of a platform on firms that interact with it, and extension of the platform literature to biotechnology.
- Annotation ©2017