Dissertation
ESSAYS ON TECHNOLOGICAL INNOVATIONS: COMMERCIALIZATION AND RADICALNESS
Doctor of Philosophy (PhD), Washington State University
01/2011
Handle:
https://hdl.handle.net/2376/111582
Abstract
Commercialization of innovation (CI) is key to entrepreneurial success and is also a combination of several entrepreneurial activities. While, CI is central to firm success and, despite research on parts of the process, there is no overarching framework. The first research question that this dissertation addresses is:
RQ1: What are the key Entrepreneurial Activities leading to Commercialization of Innovations?
The first essay of this dissertation addresses this research question. Integrating research from multiple fields: management, strategy, entrepreneurship, and economics the essay summarized the extant literature and categorized them into six broad themes of entrepreneurial activities: Sources of Innovations, Types of Innovation, Market Entry: Competence & Feasibility, Protection, Development and Deployment. Based on the review and synthesis, this essay developed a framework of commercialization as well as an agenda for future research. This agenda provides both topics and research questions for future research and related recommendations regarding the study and practice of commercialization of innovation. Among the research Questions two were:
RQ2: Does a firm need to expand its boundaries beyond its focal industry (termed exterior sourcing) and include innovations distinct from its existing stock (Technological distinctness) in order to introduce radical innovations?
RQ3: Do radical patents show commitment towards future markets?
The second and third essays of this dissertation addressed RQ2 and RQ3, respectively in the context of Information Technology Industry. Both the essays looked at patent filings from 1996 through 2009 (N=192,070) within the S&P-500 database. In the second essay it was found that the relationship between technology distinctness and radicalness is stronger at lower levels of exterior sourcing than at higher levels. Further, when exterior sourcing is unable to create highly distinct technologies, the relationship between technology distinctness and radicalness goes from sparsely significant to significantly negative. Upon linking the technical content of the top radical patents, with future markets, the third essay concluded that radical patenting activities lead to address market needs that were often five to fifteen years into the future. Continuous commitment towards research on technology increases the chance of both accidental and deliberate discovery of future markets.
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Details
- Title
- ESSAYS ON TECHNOLOGICAL INNOVATIONS: COMMERCIALIZATION AND RADICALNESS
- Creators
- Avimanyu Datta
- Contributors
- Leonard M Jessup (Advisor)Richard Reed (Committee Member)Kshiti D Joshi (Committee Member)
- Awarding Institution
- Washington State University
- Academic Unit
- Carson College of Business
- Theses and Dissertations
- Doctor of Philosophy (PhD), Washington State University
- Number of pages
- 205
- Identifiers
- 99900581755201842
- Language
- English
- Resource Type
- Dissertation