Extended cyclic innovation model as a tool for failure identification in innovation management. Case study of 25 years of CMOS image sensor technology in Belgium

Peter Teirlinck and Anneleen Bruylant

Technovation, 2024, vol. 129, issue C

Abstract: This paper focuses on 25 years of CMOS image sensors in Belgium, starting with a successful university spin-off in the late 1990s. We rely on exploratory research using semi-structured interviews with this spin-off’s key protagonists. We follow them through time: founding five small businesses and being subject to three take-overs by multinationals. Using the Cyclic Innovation Model as a reference frame, we enlarge upon its Entrepreneurship Node and add Organizational Context to the model. Applying the model on the businesses we reviewed, we also demonstrate its usefulness in identifying failures in a company’s innovation management.

Keywords: Cyclic innovation model; Entrepreneurship; Organizational context; Innovation failure (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:eee:techno:v:129:y:2024:i:c:s0166497223002110

DOI: 10.1016/j.technovation.2023.102900

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