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- catalog abstract "Innovations based on radically new technologies are believed to create advantages for entrants over incumbents in the relevant markets. Under what circumstances is this true? To what extent do incumbents' disadvantages stem from their failure to make timely commitments to new capabilities and new strategies as opposed to their inability to implement those commitments effectively? We explore those questions in relation to recent literature in economics and organization theory and introduce the concept of the "value network." Historical evidence suggests that entrants find greatest advantage when innovations disrupt established trajectories of technological progress, a circumstance associated with moves to new value networks. The incumbent's disadvantage, hence, seems to be associated with an inability to change strategies, not technologies.".
- catalog alternative "Discontinuities, capabilities, and commitments".
- catalog contributor b8643670.
- catalog contributor b8643671.
- catalog created "1994.".
- catalog date "1994".
- catalog date "1994.".
- catalog dateCopyrighted "1994.".
- catalog description "Includes bibliographical references (p. 26-28).".
- catalog description "Innovations based on radically new technologies are believed to create advantages for entrants over incumbents in the relevant markets. Under what circumstances is this true? To what extent do incumbents' disadvantages stem from their failure to make timely commitments to new capabilities and new strategies as opposed to their inability to implement those commitments effectively? We explore those questions in relation to recent literature in economics and organization theory and introduce the concept of the "value network." Historical evidence suggests that entrants find greatest advantage when innovations disrupt established trajectories of technological progress, a circumstance associated with moves to new value networks. The incumbent's disadvantage, hence, seems to be associated with an inability to change strategies, not technologies.".
- catalog extent "28 p. :".
- catalog isPartOf "Working paper (Harvard University. Graduate School of Business Administration. Division of Research) ; HBS 94-051.".
- catalog isPartOf "Working paper / Division of Research, Harvard Business School ; 94-051".
- catalog issued "1994".
- catalog issued "1994.".
- catalog language "eng".
- catalog publisher "[Boston] : Division of Research, Harvard Business School,".
- catalog title "Discontinuities, capabilities, and commitments".
- catalog title "Technological discontinuities, organizational capabilities, and strategic commitments / Richard S. Rosenbloom and Clayton M. Christensen.".
- catalog type "text".