![]() ![]() Benefiting from network position: Firm capabilities, structural holes, and performance. Strategic management of technological innovation (2nd ed.). Paul (Eds.), International encyclopaedia of the social & behavioural sciences (pp. The economics of innovation and technological change. How to design a winning business model? Harvard Business Review, 89(1–2), 100–107. Synergy and disruption: Ten trends shaping fintech. Research on innovation: A review and agenda for marketing science. An assessment framework for disruptive innovation. Smaller: The disposable diaper and the meaning of progress. Edison’s electric light: The art of invention. Journal of Product Innovation Management, 29(S1), 21–37.įriedel, R., & Israel, P. Success factors of product innovation: An updated meta-analysis. Harvard Business Review, 94(9), 54–62.Įvanschitzky, H., Eisend, M., Calantone, R. ![]() Industrial and Corporate Change, 11(3), 529–555.Ĭhristensen, C., Raynor, M. The role of the business model in capturing value from innovation: Evidence from Xerox Corporation’s technology spin-off companies. Harvard Business Review, 89(6), 104–111.Ĭhesbrough, H., & Rosenbloom, R. Value creation in a decarbonizing economy: The BCG value creator’s report 2021. The final section describes the types of business models in vogue today, the characteristics that make business models disruptive, the challenges incumbent firms face in responding to rivals backed by disruptive business models, and how practicing managers and entrepreneurs can leverage this knowledge to increase the odds of their idea's commercial success. The third section emphasizes business model design as a necessary step to capture economic profits from technological innovations. The next section discusses why technological breakthroughs (or “technical” solutions) need to be translated to “customer” solutions through an appropriate value proposition design. The chapter begins with describing the different types of technological innovations from popular academic literature. This chapter explains what technological innovations require to achieve commercial success. ![]() At the same time, the technological innovation graveyard is filled with novel ideas and promising initiatives that were once backed by superior technological breakthroughs. In 2021, Sony transformed into a holding company, handing over the name Sony Corporation to its subsidiary electronics company.Technology has significantly driven value creation and has propelled several competent firms to the top of their respective industries. FREE shipping Add to Favorites Vintage Kowa AM/FM 11 Transistor High Fidelity KTF-115 portable radio (171) 56.00. In Japan, Sony expanded into the financial sector. Sony Six Transistor Radio, 1960s, Ear piece, Leather protector, working radio, TR-620 model (29) 295.00. The company also introduced the home video game console PlayStation. In 1988, Sony acquired CBS Records, and in 1992, it acquired Columbia Pictures. This electronics company, known for creating products such as the transistor radio TR-55, the home video tape recorder CV-2000, the portable audio player Walkman, and the compact disc player CDP-101, embarked on diverse business ventures. Sony was established in 1946 as Tokyo Tsushin Kogyo by Masaru Ibuka and Akio Morita. The Sony Group comprises entities such as Sony Corporation, Sony Semiconductor Solutions, Sony Entertainment, Sony Interactive Entertainment, Sony Financial Group, and others. and Sony Corporation, is a Japanese multinational conglomerate corporation headquartered in Minato, Tokyo, Japan. Sony Group Corporation, formerly known as Tokyo Tsushin Kogyo K.K.
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