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Contingency approach to innovation management

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Reference no: EM132537204 , Length: 800 Sords

Resource based views of the firm: Competences, pathways, disruption and learning

Learning objectives

• To describe the contingency approach to inno- vation management.
• To explain why firms and technologies often converge.
• To understand path dependency as a con- straining factor of innovation and change.
• To discuss the role and significance of domi- nant designs.
• To discuss the resource based view of the firm as it applies to innovation.
• To identify reasons for periods of discontinuity.
• To describe the main steps involved in knowl- edgemanagement.

Part 7.1
Now read pp.169-181 from Tidd, et al. to explore some of the issues of revolution and trajectories. Pay particular attention of the case study on post war biotechnology

Part 7.2
Now read pp. 198-212, from the text book (Tidd, et al.) on competencies and pathways. Be sure to look at the Polaroid case and think about how it relates to your studies elsewhere on core competencies and our own work in this topic on heavy weight product managers.

Part 7.3
Read p. 32-39 and 243-249 from Tidd et al. on disruption and discontinuity. Pay particular attention to Table 1.4, and then be sure to complete the exercise at the end of the chapter that includes reading Christensen and Bower in the original form.

Attachment:- TOPIC DISRUPTIVE.rar

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The paper talks about resource-based views of firms and how they have redesigned their business strategies to remain relevant in the market for long term perspectives. It covers knowledge management systems, and how firms converge technology and innovation to succeed in their businesses. It explores various approaches available for firms such as dominant design, knowledge management application in firms and finally discusses Schumpeter Gales of creative destruction’s view in the current technologically dominated business environment.

Reference no: EM132537204

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