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来源类型Working Paper
规范类型报告
DOI10.3386/w27489
来源IDWorking Paper 27489
Choosing Technology: An Entrepreneurial Strategy Approach
Joshua S. Gans; Michael Kearney; Erin L. Scott; Scott Stern
发表日期2020-07-06
出版年2020
语种英语
摘要A central premise of research in the strategic management of innovation is that start-ups are able to leverage emerging technological trajectories as a source of competitive advantage. But, if the potential for a technology is given by the fundamental character of a given technological trajectory, then why does entrepreneurial strategy matter? Or, put another way, if the evolution of technology is largely shaped by the strategic choices entrepreneurs make, then why do technological trajectories exhibit systematic patterns such as the Technology S-curve? Taking a choice-based perspective, this paper illuminates the choices confronting a start-up choosing their technology by resolving the paradox of the Technology S-curve through a reformulation of the foundations of the Technology S-curve. Specifically, we reconceptualize the Technology S-curve not as a technological given but as an envelope of potential outcomes reflecting differing strategic choices by the entrepreneur in exploration versus exploitation. Taking this lens, we are able to clarify the role of technological uncertainty on start-up strategy, the impact of constraints on technological evolution, and how technology choice is shaped by the possibility of imitation. Our findings suggest that staged exploration may stall innovation as a result of the replacement effect, increasing the strategic importance of commitment.
主题Development and Growth ; Innovation and R& ; D
URLhttps://www.nber.org/papers/w27489
来源智库National Bureau of Economic Research (United States)
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资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/585161
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GB/T 7714
Joshua S. Gans,Michael Kearney,Erin L. Scott,et al. Choosing Technology: An Entrepreneurial Strategy Approach. 2020.
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