Unpacking the complexities of crisis innovation: a comprehensive review of ecosystem-level responses to exogenous shocks

Alexander Brem, Petra A. Nylund () and Saeed Roshani ()
Additional contact information
Petra A. Nylund: University of Stuttgart
Saeed Roshani: Allameh Tabataba’i University

Review of Managerial Science, 2024, vol. 18, issue 8, No 9, 2464 pages

Abstract: Abstract Innovation in times of crisis has experienced a flood of research in the wake of recent events. These studies are dispersed over a broad range of fields and do not adequately reflect earlier research or prior crises. To encourage the convergence of related literature streams, we define crisis innovation as an ecosystem-level process to meet the needs of—and overcome the resource constraints derived from—an exogenous shock. We then conduct a systematic literature review aided by machine learning techniques, specifically utilizing topic modeling. We derive a taxonomy of crisis innovation, which represents innovation as a response to societal crisis, funding crisis, financial crisis, economic crisis, digitalization, transformation, political crisis, strategy crisis, and organizational crisis. We find that crisis innovation drives digitalization through increased motivation for open and ecosystem innovation, but also that the dynamic network structures required for lasting digital transformation are often not implemented during crisis.

Keywords: Crisis innovation; Digital transformation; Innovation management; Innovation ecosystem; Natural language processing; Topic modeling (search for similar items in EconPapers)
JEL-codes: O32 (search for similar items in EconPapers)
Date: 2024
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
http://link.springer.com/10.1007/s11846-023-00709-x Abstract (text/html)
Access to the full text of the articles in this series is restricted.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:rvmgts:v:18:y:2024:i:8:d:10.1007_s11846-023-00709-x

Ordering information: This journal article can be ordered from
http://www.springer.com/business/journal/11846

DOI: 10.1007/s11846-023-00709-x

Access Statistics for this article

Review of Managerial Science is currently edited by R. Ewert and W. Kürsten

More articles in Review of Managerial Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().