Intensity, Timeliness, and Success of Incumbent Response to Technological Discontinuities - A Synthesis and Empirical Investigation

Bockmühl S, König A, Enders A, Hungenberg H, Puck J (2011)

Publication Type: Journal article

Publication year: 2011

Journal

Review of Managerial Science Springer Verlag

Publisher: Springer Verlag

Book Volume: 5

Pages Range: 265-289

Journal Issue: 4

DOI: 10.1007/s11846-011-0068-3

Abstract

The extant literature highlights numerous different factors influencing the timeliness and intensity of incumbent response to discontinuous technological change. However, this literature has so far not been synthesized and is therefore limited in its analytical, predictive, and normative power. We develop a comprehensive model of incumbent response that organizes different explanatory factors into the three distinct dimensions of (1) identification and interpretation, (2) decision making, and (3) organizational implementation. We also conceptualize how response intensity and timeliness affect business performance in new technological domains. We test the model against data from 320 firms from the German dental lab industry, finding substantial support for the majority of our hypotheses. This study offers unique empirical insight in observing that cognitive constructs such as framing and management flexibility have the strongest impact on both intensity and timeliness of incumbent response to technological, and thus, strategic discontinuities. Together, our findings have important implications for both theory and practice. © 2011 Springer-Verlag.

Authors with CRIS profile

Andreas König Lehrstuhl für Allgemeine Betriebswirtschaftslehre, insbesondere Unternehmensführung Harald Hungenberg Lehrstuhl für Allgemeine Betriebswirtschaftslehre, insbesondere Unternehmensführung

Involved external institutions

Universität Wien / University of Vienna AT Austria (AT) IMD - International Institute for Management Development CH Switzerland (CH)

How to cite

APA:

Bockmühl, S., König, A., Enders, A., Hungenberg, H., & Puck, J. (2011). Intensity, Timeliness, and Success of Incumbent Response to Technological Discontinuities - A Synthesis and Empirical Investigation. Review of Managerial Science, 5(4), 265-289. https://dx.doi.org/10.1007/s11846-011-0068-3

MLA:

Bockmühl, Simon, et al. "Intensity, Timeliness, and Success of Incumbent Response to Technological Discontinuities - A Synthesis and Empirical Investigation." Review of Managerial Science 5.4 (2011): 265-289.

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