[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/wsi/ijitmx/v20y2023i03ns0219877023500128.html
   My bibliography  Save this article

Managing Technological Innovation Capabilities to Align Exploration and Exploitation with Technological Changes

Author

Listed:
  • S. Sinan Erzurumlu

    (Operations and Information Management Division, Olin School of Business, Babson College, 231 Forest St, Babson Park, MA 02457, USA)

  • Nathan Smith

    (��EMD Performance Materials, 1429 Hilldale Ave, Haverhill, MA 01832, USA)

Abstract
Firms that operate in high-velocity markets must configure and utilize diverse technological innovation capabilities (TICs). TICs provide the firm with technological strength and adaptability to manage technological changes with respect to demand changes on the customer value trajectory. In this paper, we examine the configuration of a high tech firm’s TICs involving R&D, manufacturing and marketing capabilities to develop technology exploring or market exploiting activities in response to shifts in the customer value trajectory. We analyze the cases of micro, electrical, mechanical systems (MEMS) accelerometer innovators, and identify strategic configuration of TICs that has been necessary to trace the customer value trajectory with technological changes. We further show how the stability of the customer value trajectory plays a role for the firm in market transition to configure and utilize its TICs for exploring or exploiting the market. Based on our findings, we offer a managerial decision-making framework regarding strategic management of TICs with respect to the customer value trajectory in high-velocity markets.

Suggested Citation

  • S. Sinan Erzurumlu & Nathan Smith, 2023. "Managing Technological Innovation Capabilities to Align Exploration and Exploitation with Technological Changes," International Journal of Innovation and Technology Management (IJITM), World Scientific Publishing Co. Pte. Ltd., vol. 20(03), pages 1-29, May.
    • Handle: RePEc:wsi:ijitmx:v:20:y:2023:i:03:n:s0219877023500128
    DOI: 10.1142/S0219877023500128
    as

    Download full text from publisher

    File URL: http://www.worldscientific.com/doi/abs/10.1142/S0219877023500128
    Download Restriction: Access to full text is restricted to subscribers
    File URL: https://libkey.io/10.1142/S0219877023500128?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:ijitmx:v:20:y:2023:i:03:n:s0219877023500128. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscinet.com/ijitm/ijitm.shtml .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.