Digital transformation of incumbent firms from the perspective of portfolios of innovation

被引:28
|
作者
Zhang, Zhengyi [1 ]
Jin, Jun [2 ]
Li, Shijing [2 ,3 ]
Zhang, Yuanmin [3 ]
机构
[1] Nanjing Univ Finance & Econ, Sch Business Adm, Dept Business Adm, Nanjing, Peoples R China
[2] Zhejiang Univ, Dept Innovat Entrepreneurship & Strategy, Sch Management, 866 Yuhangtang Rd, Hangzhou, Peoples R China
[3] China Unicom Sichuan Ind Internet Co Ltd, Chengdu, Peoples R China
基金
中国国家自然科学基金;
关键词
Digital transformation; Portfolio of innovation; Dynamic process; Incumbent firms; China; DYNAMIC CAPABILITIES; TECHNOLOGY; STRATEGY; SYSTEMS; MODEL; ENTREPRENEURSHIP; MANAGEMENT;
D O I
10.1016/j.techsoc.2022.102149
中图分类号
D58 [社会生活与社会问题]; C913 [社会生活与社会问题];
学科分类号
摘要
Digital technology has created new elements of innovation types and given incumbent firms new portfolios of innovation. The portfolio of innovation used during a digital transformation allows it to be successfully imple-mented and gives a competitive advantage to incumbent firms. We present two propositions for the portfolio of innovation and its shift during the process of digital transformation. Based on an emergent innovation matrix, we conducted a multi-case study on three Chinese firms from different industries, in order to identify the novel innovation types that appear when these firms undergo digital transformation. The research suggests that incumbent firms innovate in various ways simultaneously to implement a digital transformation when faced with market and technology change, and the portfolio of innovation shifts during the digital transformation process.
引用
收藏
页数:14
相关论文
共 50 条
  • [31] Digital transformation and corporate innovation: A factor input perspective
    Liu, Qianru
    Liu, Jianmei
    Gong, Cheng
    [J]. MANAGERIAL AND DECISION ECONOMICS, 2023, 44 (04) : 2159 - 2174
  • [32] ESG performance and green innovation in a digital transformation perspective
    Dai, Jun
    Zhu, Qiumin
    [J]. AMERICAN JOURNAL OF ECONOMICS AND SOCIOLOGY, 2024, 83 (01) : 263 - 282
  • [33] INNOVATION DIFFERENCES BETWEEN NEW VENTURE STARTUPS AND INCUMBENT FIRMS
    Hoelttae-Otto, Katja
    Otto, Kevin N.
    Luo, Jianxi
    [J]. DESIGN FOR HARMONIES, VOL 3: DESIGN ORGANISATION AND MANAGEMENT, 2013,
  • [34] Implications of Business Model Innovation Separation and Integration in Incumbent Firms
    Baccarella, Christian V.
    Budischin, Eva
    Buliga, Oana
    Mueller, Julian M.
    Voigt, Kai-Ingo
    [J]. IEEE TRANSACTIONS ON ENGINEERING MANAGEMENT, 2023, : 1 - 14
  • [35] Are incumbent banks bygones in the face of digital transformation?
    Krasonikolakis, Ioannis
    Tsarbopoulos, Michalis
    Eng, Teck-Yong
    [J]. JOURNAL OF GENERAL MANAGEMENT, 2020, 46 (01) : 60 - 69
  • [36] Configuring alliance portfolios for digital innovation
    Bockelmann, Theresa
    Werder, Karl
    Recker, Jan
    Lehmann, Julian
    Bendig, David
    [J]. JOURNAL OF STRATEGIC INFORMATION SYSTEMS, 2024, 33 (01):
  • [37] Business model innovation and digital transformation in global management consulting firms
    Tavoletti, Ernesto
    Kazemargi, Niloofar
    Cerruti, Corrado
    Grieco, Cecilia
    Appolloni, Andrea
    [J]. EUROPEAN JOURNAL OF INNOVATION MANAGEMENT, 2021, 25 (06) : 612 - 636
  • [38] Foreign executives, digital transformation, and innovation performance: Evidence from Chinese-listed firms
    Shao, Dong
    Lv, Kangyin
    Fan, Xueyuan
    Zhang, Bochen
    [J]. PLOS ONE, 2024, 19 (06):
  • [39] The Impact of Digital Technology Innovation Network Embedding on Firms' Innovation Performance: The Role of Knowledge Acquisition and Digital Transformation
    Ge, Chengwei
    Lv, Wendong
    Wang, Junli
    [J]. SUSTAINABILITY, 2023, 15 (08)
  • [40] Digital Product Innovation Within Family Firms: A Construal Level Perspective
    Capolupo, Paolo
    Ardito, Lorenzo
    Petruzzelli, Antonio Messeni
    Kammerlander, Nadine
    De Massis, Alfredo
    [J]. ENTREPRENEURSHIP THEORY AND PRACTICE, 2024,