Sosa, M. Lourdes ORCID: 0000-0003-0303-2238
(2013)
Decoupling market incumbency from organizational prehistory: locating the real sources of competitive advantage in R&D for radical innovation.
Strategic Management Journal, 34 (2).
pp. 245-255.
ISSN 0143-2095
Abstract
The creative destruction literature has argued that differences in R&D performance of incumbent vs. entrant firms can be explained through organizational change theories about established vs. de novo firms. A disconnect exists between these theories and the available empirical evidence because often the best performing firms are established firms as well. I propose to resolve this disconnect by distinguishing between market incumbency (presence in a market prior to a discontinuity) and organizational prehistory (organizational experience prior to a transition, whether between technologies or between markets). Doing so allows me to contrast incumbent vs. entrant and de alio vs. de novo studies, and to suggest more robust future research designs. I illustrate my proposition using qualitative data from the anticancer and AIDS-treatment drug markets.
Item Type: | Article |
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Official URL: | http://onlinelibrary.wiley.com/journal/10.1002/%28... |
Additional Information: | © 2012 John Wiley & Sons, Ltd. |
Divisions: | Management |
Subjects: | H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management H Social Sciences > HF Commerce R Medicine > RS Pharmacy and materia medica |
Date Deposited: | 11 Sep 2014 08:59 |
Last Modified: | 26 Jan 2025 02:39 |
URI: | http://eprints.lse.ac.uk/id/eprint/59435 |
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