Back to Search
Start Over
Cultivating Invisible Impact with Deep Technology and Creative Destruction
- Source :
- Journal of Innovation Management; Vol. 8 No. 3 (2020); 6-19, Journal of Innovation Management, Vol 8, Iss 3, Pp 6-19 (2020)
- Publication Year :
- 2020
- Publisher :
- University of Porto, 2020.
-
Abstract
- The term "Deep Tech" is prevalent in industry but ill-defined. In this extended letter, we define Deep Tech (technology that is difficult to develop today, with the potential to become a pervasive and easy-to-implement basic need in the future) and consider its role in evolving businesses. We suggest how organizations can position themselves to take advantage of a coming wave of innovation, with emphasis placed on Creative Destruction's role (cannibalizing product lines) in creating sustaining enterprises. Understanding the diffusion of technical innovation from hard-to-implement exciter to commodity basic need will encourage leaders to rethink their current offerings to play in a future-thinking space setting these companies apart from the competition. We provide examples drawn from successful organizations.
- Subjects :
- lcsh:HD45-45.2
lcsh:Management. Industrial management
Creative destruction
business.industry
Commodity
Space (commercial competition)
Public relations
Deep Technology
Deep Tech
Creative Destruction
Kano Model
Technology Diffusion
Competition (economics)
lcsh:HD28-70
Management of Technology and Innovation
Technical innovation
Position (finance)
Business
Product (category theory)
lcsh:Technological innovations. Automation
Engineering (miscellaneous)
Subjects
Details
- ISSN :
- 21830606
- Volume :
- 8
- Database :
- OpenAIRE
- Journal :
- Journal of Innovation Management
- Accession number :
- edsair.doi.dedup.....5220e0b2dbfee413ea81d34dfab61403
- Full Text :
- https://doi.org/10.24840/2183-0606_008.003_0002