Radical and Incremental Innovation Preferences in Information Technology: An Empirical Study in an Emerging Economy
Keywords:Information Technology, Innovation, Emerging Economies, Globalization
AbstractRadical and Incremental Innovation Preferences in Information Technology: An Empirical Study in an Emerging Economy Abstract Innovation in information technology is a primary driver for growth in developed economies. Research indicates that countries go through three stages in the adoption of innovation strategies: buying innovation through global trade, incremental innovation from other countries by enhancing efficiency, and, at the most developed stage, radically innovating independently for competitive advantage. The first two stages of innovation maturity depend more on cross-border trade than the third stage. In this paper, we find that IT professionals in in an emerging economy such as India believe in radical innovation over incremental innovation (adaptation) as a growth strategy, even though competitive advantage may rest in adaptation. The results of the study report the preference for innovation strategies among IT professionals in India and its implications for other rapidly growing emerging economies.
ARORA, A., Fosfuri, A., Gambardella, A. (2001). Markets for Technology. MIT Press, Cambridge, MA.
BANERJEE, P., Cole, R. (2011). Globally radical technologies and locally radical technologies: the role of audiences in the construction of innovative impact in biotechnology. Transactions on Engineering Management, 58(2), 262-274.
BARMA, N. (2005). The emerging economies in the digital era: market places, market players, and market makers. BRIE Working Paper 167, University of California, Berkeley, CA.
BOWER, J., Julian, S. (2006). Social and intellectual capital formation in leading Indian pharmaceutical companies. International Journal of Innovation Management, 10(4),407-423.
BROWN, C., Linden, G. (2006). Semi-conductor engineers in a global economy. National Academy of Engineering Workshop on the Off-shoring of Engineering: facts, myths, unknowns, and implications, Washington DC.
CASTIAUX, A. (2007). Radical innovation in established organizations: being a knowledge predator. Journal of Engineering & Technology Management, 24(1-2), 36-52.
CHESBROUGH, H.W. (2007). The market for innovation: implications for corporate strategy. California Management Review, 49(3), 45-66.
CHESBROUGH, H.W., Ahern, S., Finn, M., Guerraz, S. (2006). Business models for technology in the developing world: the role of non-governmental organizations. California Management Review, 48(3), 48-61.
CHESBROUGH, H.W., Appleyard, N.M. (2007). Open innovation and strategy. California Management Review,
DAMANPOUR, F. (1992). Organization size and innovation. Organization Studies, 13(3), 375-402.
DAVIS, L. (2008). Licensing strategies for the new intellectual property vendors. California Management Review, 5(2), 6-30.
DESHPANDE, R., Farley, J. U., Bowman, D. (2004). Tigers, dragons, and others: profiling high performance in Asian firms. Journal of International Marketing, 12(3), 5-29.
DEWAN, S., Kraemer, K. (2000). Information technology and productivity: evidence from country-level data. Management Science, 46(2), 548-562.
ETHIRAJ, S.K., Levinthal, D., Roy, R. (2008). The dual role of modularity: innovation and imitation. Management Science, 54(5), 939-955.
FINK, C. (2000). How stronger patent protection in India might affect the behavior of transnational pharmaceutical industries. World Bank Policy Research Working Paper No. 2352. Washington, D.C.
FRIEDMAN, T.L. (2005). The World Is Flat. Farrar, Strauss, and Giroux. New York.
GINARTE, J.C., Park, W.G. (1997). Determinants of patent rights: a cross national study. Research Policy, 96,
HAMMOND, A.L., Prahalad, C.K. (2004). Selling to the poor. Foreign Policy, 142 (May/June), 30-37.
HERRMANN, A., Gassmann, O., Eisert, U. (2007). An empirical study of the antecedents for radical product innovation and capabilities for transformation. Journal of Engineering & Technology Management, 24(1-2), 92-120.
KELLER, K.H. (2008). From here to there in information technology: the complexities of innovation. American Behavioral Scientist, 52(1), 97-106.
KHAVUL, S. B., Garry, D., Zheng, C., Eric, W. (2007). Learning during and after internationalization by entrepreneurial firms from emerging economies. Academy of Management Proceedings, 1-6.
LONDON, T. Hart, S.L. (2004). Reinventing strategies for emerging markets: beyond the transnational model. Journal of International Business Studies, 35(5), 350 -370.
MACHER, J. T., Mowery, D.C., Di Minin, A. (2007). The ‘non-globalization’ of innovation in the semi-conductor industry. California Management Review, 50(1), 217-242.
MARQUIS, D. (1969). The anatomy of successful innovations. Innovation, 1, 35-48.
MEYER, K. E. (2005). Perspectives on multinational enterprises in emerging economies. Journal of International Business Studies, 35(4), 259-276.
PENG, M.W., Wang, D.Y.L., Jiang, Y. (2008). An institution- based view of international business strategy: a focus on emerging economies. Journal of International Business Studies, 39(5), 920-936.
PHENE, A., Almeida, P. (2008). Innovation in multinational subsidiaries: the role of knowledge assimilation and subsidiary capabilities. Journal of International Business Studies, 39(5), 901-919.
PORTER, M.E. (1985). Competitive Advantage. Free Press. New York.
PORTER, M.E. (1990). The Competitive Advantage of Nations. Free Press. New York.
PORTER, M.E., Ketels, C., Delgado, M. (2007). The Microeconomic Foundation of Prosperity: findings from the business competitive index. The Global Competitiveness Report, 2007 World Economic Forum.
RAMAMURTI, R. (2004). Developing countries and MNEs: extending and enriching the research agenda. Journal of International Business Studies, 35(4), 277-283.
SALA-I-MARTIN, X., Blanke, J., Hanouz, M.D., Geiger, T., Mia, I., Paua, F. (2007). The Global Competitiveness Index: Measuring the Productive Potential of Nations. The Global Competitiveness Report, 2007 World Economic Forum.
SALOMO, S., Gemunden, H. G., Leifer, R. (2007). Research on corporate radical innovation systems- a dynamic capabilities perspective: an introduction. Journal of Engineering & Technology Management, 24(1-2), 1- 10.
SHARMA, B. R. (1987). Not by Bread Alone: A Study of Organizational Climate and Employer-Employee Relations in India. Shri Ram Center for Industrial Relations and Human Resources. New Delhi.
TALKE, K. (2007). Corporate mindset of innovating firms: influences on new product performance. Journal of Engineering & Technology Management, 24(1-2), 76-91.
TREECE, D.J. (1997). Firm organization, industrial structure, and technological innovation. Journal of Behavior and Organization, 31, 193-224.
How to Cite
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgement of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgement of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See The Effect of Open Access).