Disruption and Dynamics of Competitive Advantage – A Short Survey on Empirical Patterns of Entrepreneurial Innovation and Firm Dynamics in the Light of Technological Regimes
Markus Thomas Münter ()
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Markus Thomas Münter: HTW Saar Saarbrücken
Chapter Chapter 2 in Entrepreneurial Connectivity, 2021, pp 5-28 from Springer
Abstract:
Abstract Christensen’s model of disruption is recently facing pushbacks. We resolve parts of the ambiguities by putting disruption theory into the context of technological regimes. Based on a review of empirical patterns, we show that the success of a potentially disruptive start-up is co-determined by firm-specific innovation capability, stage of industry evolution and technological regime. The main proposition of this chapter is, that industries over time typically develop from an entrepreneurial regime into a routinized regime, however, this process might be reversed by disruptive innovations. As a consequence, competitive advantage is pushed forth and back between entrepreneurial start-ups and incumbent firms.
Keywords: Disruption; Creative destruction; Technological regimes; Entrepreneurship; Competitive advantage (search for similar items in EconPapers)
Date: 2021
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-16-5572-2_2
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DOI: 10.1007/978-981-16-5572-2_2
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