Title: An Integrated Research on Radical Innovation,Complementary Assets and Inter-firm Cooperation
Abstract: When established firms experience technological disadvantage during the period of technological change,the extent to which that disadvantage translates into a commercial disadvantage may depend on the breadth of radical technology's disruption.If new technology only destruct dominant firms' technical capabilities but not the value of complementary assets,then established firms' performance will improve;however,if new technology simultaneously disrupt dominant firms' technical capabilities and the value of complementary assets,the incumbents' performance will decline.Just because a lot of radical innovations belong to the former type and established firms control most complementary assets,new entrants who initiating radical innovation will have to cooperate with established firms and share profits of innovation.
Publication Year: 2006
Publication Date: 2006-01-01
Language: en
Type: article
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Cited By Count: 1
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