scholarly journals Adoption time of a maturing disruptive technology in a duopoly market

2021 ◽  
Author(s):  
Lianjia Sun ◽  
Jun Lin
Keyword(s):  
New Technologies ◽  
Disruptive Technology ◽  
Adoption Process ◽  
Competitive Advantages ◽  
Continuous Innovation ◽  
Disruptive Technologies ◽  
Adoption Research ◽  
Market Leader ◽  
Technology Competition ◽  
Traditional Competition

New disruptive technologies invalidate the traditional competition dimension in continuous innovation and reconstruct the competitive landscape. These technologies leave a management gap in the adoption of new technologies by competing companies. Accordingly, this research establishes a duopoly game model based on horizontal and vertical differentiations for technology competition problems with asymmetric features. Competition between firms and technologies are investigated simultaneously. We find that a profit increase from new technologies is typically eliminated by the increased technology competition. Thus, firms with competitive advantages in the old market may be late in adopting new technologies, and the competition will further delay the adoption process. We then introduce a preemption strategy for adopting disruptive technologies, and test it in both current established competition and threat competition from the entrants. Results show that leading companies may hesitate in deterring new entrants for fear of losing the leadership in the current competition. At last, we provide a time strategy that can help the market leader maintain a leadership position with minimal losses. Our research has contributed to the studies of both the interpretation of the “innovator's dilemma” and the direction of technology adoption research under multi-dimensional technologies and multiple competitors.

A Critical Vision of Disruptive Nanotechnologies

2018 ◽  
Vol 17 (5-6) ◽  
pp. 614-631 ◽  
Author(s):  
Guillermo Foladori ◽  
Noela Invernizzi
Keyword(s):  
Economic Development ◽  
New Technologies ◽  
Living Conditions ◽  
Inclusive Development ◽  
Competitive Advantages ◽  
Economic Sectors ◽  
Potential Barriers ◽  
Disruptive Technologies ◽  
New Form ◽  
Harmful Effects

AbstractNanotechnologies constitute one of the most innovative processes of production, and their products already reach all economic sectors. In view of their potential to boost economic development and competitiveness, governments have declared them areas of priority or strategic interest.In the framework of studies that deal with the evaluation of benefits, impacts, and harmful effects of new technologies, this article analyses the potential barriers to an inclusive development of nanotechnologies to improve the living conditions of broad sectors of the population. It is concluded that the discussion on disruptive technologies leaves aside the socio-economic and political context in which nanotechnologies are developed. It is in this context that the barriers to a more inclusive development aimed at improving the living conditions of the population must be sought. But, even if this target is not met, new technologies can result in market and competitive advantages, although deepening the gap in social inequality.The text is divided into two sections. In the first, the peculiarities of nanotechnologies are explained, allowing their identification as a new form of disruptive production. In the second, an analysis of the context in which nanotechnologies develop as well as their potential social implications is provided.

Planning and Designing Educational Technology for Low-Income Communities

2012 ◽  
pp. 315-330
Author(s):  
Bellarmine Ezumah
Keyword(s):  
Educational Technology ◽  
Technology Adoption ◽  
Low Income ◽  
Disruptive Technology ◽  
Adoption Process ◽  
Constructivist Approach ◽  
Disruptive Technologies ◽  
One Laptop Per Child ◽  
Learning Content ◽  
The One

This chapter is an excerpt of a study that addressed the above concern using the One Laptop Per Child (OLPC) projects in Nigeria and Ghana as a case. It also situates the OLPC XO-laptop as a disruptive technology, because it aims at altering the existing pedagogy of the communities in which it was introduced through its constructivist approach. Moreover, as with most disruptive technologies, the XO laptop project is considered revolutionary, dramatically cheaper than regular laptops, convenient, and provides a different kind of learning content. As with the theme of this chapter, the XO laptop, although possessing disruptive technological qualities, was unable to achieve its goal due to lack of thorough planning and implementation of the adoption process. Results from the study informed the author to posit a model for technology adoption in low-income communities that is considered inclusive, participatory, and proactive, involving all stakeholders in setting up a policy. Such policy is expected to serve as benchmark for measuring the congruency of any proposed product whether disruptive or sustainable to the local need before its adoption.

scholarly journals DISRUPTIVE TECHNOLOGIES: AN EXPANDED VIEW

2005 ◽  
Vol 09 (01) ◽  
pp. 1-17 ◽  
Author(s):  
JAMES M. UTTERBACK ◽  
HAPPY J. ACEE
Keyword(s):  
Business School ◽  
New Technologies ◽  
Emerging Market ◽  
New Technology ◽  
Leading Edge ◽  
Disruptive Technology ◽  
Massachusetts Institute Of Technology ◽  
Harvard Business School ◽  
Disruptive Technologies ◽  
Institute Of Technology

The term "disruptive technology" as coined by Christensen (1997, The Innovator's Dilemma; How New Technologies Cause Great Firms to Fail. Harvard Business School Press) refers to a new technology having lower cost and performance measured by traditional criteria, but having higher ancillary performance. Christensen finds that disruptive technologies may enter and expand emerging market niches, improving with time and ultimately attacking established products in their traditional markets. This conception, while useful, is also limiting in several important ways. By emphasising only "attack from below" Christensen ignores other discontinuous patterns of change, which may be of equal or greater importance (Utterback, 1994, Mastering the Dynamics of Innovation. Harvard Business School Press; Acee, 2001, SM Thesis, Massachusetts Institute of Technology). Further, the true importance of disruptive technology, even in Christensen's conception of it is not that it may displace established products. Rather, it is a powerful means for enlarging and broadening markets and providing new functionality. In Christensen's theory of disruptive technology, the establishment of a new market segment acts to channel the new product to the leading edge of the market or the early adopters. Once the innovation reaches the early to late majority of users it begins to compete with the established product in its traditional market. Here we present an alternative scenario in which a higher performing and higher priced innovation is introduced into the most demanding established market segments and later moves towards the mass market.

scholarly journals How customers’ offline experience affects the adoption of online banking

2016 ◽  
Vol 26 (5) ◽  
pp. 1072-1092 ◽  
Author(s):  
Antonia Estrella-Ramon ◽  
Manuel Sánchez-Pérez ◽  
Gilbert Swinnen
Keyword(s):  
Technology Acceptance ◽  
Diffusion Of Innovation ◽  
Financial Services ◽  
New Technologies ◽  
Online Banking ◽  
Adoption Process ◽  
Content Type ◽  
Parametric Survival Model ◽  
Self Service Technology ◽  
The Impact

Purpose The purpose of this paper is to examine the impact of customers’ offline transaction behaviour in the form of loyalty and cross-buying on the adoption of self-service technology innovations by non-business customers in the context of online banking. Design/methodology/approach This study extends the Diffusion of Innovation Theory, as well as the Technology Acceptance Model adapted to describe and model individual customer observed behaviours in the pre-adoption stage of the adoption process. The Log-logistic parametric survival model is applied using panel data for 1,357 randomly selected new customers from a bank. Findings Significant differences arise among customers’ behaviours related to periodicity of interactions with the bank and quantity of products involved in the interactions, as well as convenience and risk of the interactions. The results corroborate that those customers who are more likely to adopt the online banking faster show an offline behavioural pattern more related to higher periodicity of interactions and convenience, rather than a high number of products involved in their interactions, the use of high-risk products or the maintenance of a higher average monthly liabilities. Originality/value While previous research explaining the process of adoption of the online channel has mainly focused on the analysis of customers’ attitudes (i.e. customers’ perceptions) and demographics, in this research an additional explanation is proposed using customers’ offline transaction behaviours. In addition, there is a considerable amount of research about the adoption of new technologies, but there is a scarcity of studies looking specifically at the financial services and banking industry.

scholarly journals New technologies and regional development in the modern period

2021 ◽  
Vol 51 (3) ◽  
pp. 196-207
Author(s):  
S.P. Zemtsov ◽  
Keyword(s):  
Regional Development ◽  
New Technologies ◽  
Knowledge Spillovers ◽  
Highly Qualified ◽  
Large Cities ◽  
Disruptive Technologies ◽  
Activity Intensity ◽  
Qualified Personnel ◽  
Agglomeration Effects ◽  
Production Technologies

The article describes the possible impact of modern technological changes (disruptive technologies, digitalization, and automation) on regional development in Russia based on the patterns of geography of innovations and previous trends. The rates of non-resource growth over the past twenty years have been higher in those regions where inventive activity, intensity of R&D expenditures, share of researchers and employees with higher education were higher, but the same relationship cannot be traced with the intensity of the use of advanced production technologies (automation) and the availability of the Internet. During the declared pandemic in Russia in 2020, patent activity in the vast majority of regions decreased, the processes of production automation slowed down, but digitalization accelerated in terms of internet access and the development of online commerce. The creation of disruptive technologies is still concentrated in large cities and super-regions due to agglomeration effects, knowledge spillovers and concentration of human capital. But the effects of their introduction and distribution can be differentiated. In the leading regions with high proportion of creative professionals and entrepreneurs, development may accelerate, in old industrial regions, automation will increase the risks of temporary unemployment and inequality. For the least developed territories, the lack of digitalization potential and lack of highly qualified personnel may further worsen the situation.

scholarly journals Investigation of moderator factors in e-business adoption: A quantitative meta-analysis of moderating effects on the drivers of intention and behavior

2017 ◽  
Vol 14 (1) ◽  
pp. 75-102 ◽  
Author(s):  
Bostjan Sumak ◽  
Marjan Hericko ◽  
Zoran Budimac ◽  
Maja Pusnik
Keyword(s):  
Technology Acceptance ◽  
New Technologies ◽  
Causal Effect ◽  
Meta Analysis ◽  
Moderating Effect ◽  
Factors Affecting ◽  
Adoption Research ◽  
Acceptance Model ◽  
Almost All ◽  
Business Technology

E-business technology is becoming one of the most important global markets where e-business solutions will have to adapt to new technologies. The main objective in this study was to synthesize existing knowledge in the field of e-business technology acceptance and to understand differences in Technology Acceptance Model (TAM) related causal effect sizes for different e-business contexts. A quantitative meta-analysis of existing empirical research about factors affecting e-business adoption was conducted using 89 published papers that provided empirical data about causal relationships. A moderator analysis was carried out to investigate the moderating effect of four factors: consumer type, device type, continent and respondent type. The results of the study showed a moderating effect for all four proposed factors in almost all TAM-related causal paths. The study also showed that TAM is the most common theory being applied in e-business adoption research.

scholarly journals IMPACT OF DISRUPTIVE TECHNOLOGY ON THE PERFORMANCE OF INSURANCE FIRMS IN KENYA

2018 ◽  
Vol 3 (1) ◽  
pp. 72
Author(s):  
Ezekiel Owuor
Keyword(s):  
Big Data ◽  
Financial Performance ◽  
Data Analytics ◽  
Big Data Analytics ◽  
Disruptive Technology ◽  
Regulatory Body ◽  
Disruptive Technologies ◽  
Insurance Firms ◽  
Pdf Format ◽  
The Impact

Purpose:  The purpose of this paper was to explore the impact of disruptive technology on the performance of insurance firms in Kenya.Methods: The study utilized desktop literature review and focused on previously published journals in PDF format that address technology and the performance of insurance firms.  A total of 13 journals was found relating to technology and the performance of insurance firms. The study utilized a sample of 12 journals which were randomly selected from a list of published journals in PDF format relating to disruptive technology and performance of insurance firms. The theories underpinning of the study entailed Christensen's Theory of Disruptive Technology, the Diffusion of Innovation Theory and Schumpeterian Theory of Creative Destruction.Results: The review of literature revealed that various aspects of disruptive technology have a significant impact on organizational performance. The review showed that mobile phone technology has a significant influence and explains to a large extent the growth of micro insurance in Kenya. It was also found that the increase in industrial convergence, technological innovation and social digital trends increases the financial performance of financial institutions including insurance firms. The study also established that there is a strong and positive relationship between insurance innovation strategies and a firm’s performance. In addition, it was found out that real-time business evaluation through big data analytics boosts overall performance and profitability, thus thrusting the organization further into the growth cycle.Unique Contribution to theory, practice and policy: The leadership and management of insurance companies should put greater emphasis on the adoption of disruptive technologies to improve on both financial and non-financial performance as well as their competitiveness within the industry. These include Big Data, Analytics, Artificial Intelligence Systems, Cloud Computing and Digital Currency Technologies. Processes in the organizations should be refined to ensure that they are efficient and effective as this serves to increase market share and to reduce on operational costs. Moreover, explorations in disruptive technology should continue in the insurance industry as these would play a significant role in ensuring that efficiencies and effectiveness of business processes are achieved. The Insurance Regulatory Authority (IRA) should also develop policies that encourage innovation and the adoption of technology. The authority whilst exercising due diligence in its mandate to protect consumers should ensure policies do not stifle the growth and creativity of insurers. The regulatory body should also strive to create a favourable environment for the adoption of disruptive technologies.

scholarly journals The impact and importance of new technologies in business development in context of economic diversity

2017 ◽  
Vol 11 (1) ◽  
pp. 698-710 ◽  
Author(s):  
Oana-Georgiana Ciobanu ◽  
Daniela Mihaela Neamţu
Keyword(s):  
Generation X ◽  
New Technologies ◽  
Technological Development ◽  
Qualitative Comparative Analysis ◽  
Business Environment ◽  
Management Style ◽  
Group Method ◽  
Continuous Innovation ◽  
Two Generations ◽  
The Impact

Abstract In a globalized world, led and connected by and through technology, gadgets and perpetual and intense technological development, the business environment and the trajectory travelled by entrepreneurs in the process of creation and development of a business, becomes more and more challenging and complex. Continuous innovation has become mandatory and „adaptability” became the keyword for the success of any entrepreneurial actions. In this socio-economic context, an organization must find, through entrepreneurs or managers, the courage to face the uncertainty and be always prepared to adopt radical solutions, so that, can provide sustainability of the business through competitiveness. The purpose of this research started from the need for adaptability and flexibility of the Romanian entrepreneurial environment to the trends in the digital era, in order to maintain the level of competitiveness and to develop sustainably. The objective of this scientific approach is to conduct a qualitative comparative analysis relating to the importance and the impact of new technologies in the development and sustainability of a business. The comparison will be made through the eyes of two main categories of actors in the creation and development of a business namely entrepreneurs and managers from two consecutive generations - generation X (born between 1965 and 1980) and generation Y (born between 1980 and 1995). The methodology used in this study is qualitative research through focus group method, and it aims to be highlighted the changes occurred in leadership and management style of a business/organization, by observing and comparing the two generations' attitudes towards change, towards new, towards the digital component, and the intent of the use of new technologies, and more than that, their impact on the management style.

scholarly journals From Analogue to Digital Banking: Developments in the European Union from 2007 to 2019

2020 ◽  
Vol 12 (2) ◽  
pp. 17-32
Author(s):  
Michael Menrad ◽  
József Varga
Keyword(s):  
Digital Media ◽  
Banking Sector ◽  
New Technologies ◽  
Long Term Results ◽  
Adoption Process ◽  
The European Union ◽  
Complete Rejection ◽  
Time Series Analyses ◽  
Analogue To Digital

Research on banking regularly assumes that digitalisation has an impact on banking. This blanket assumption is not erroneous, but it is too inaccurate, too undifferentiated and probably only applies in the long term. Results of this study show that the customers’ habits and requirements and thus the willingness to accept digital technologies in the banking sector are changing within a significantly different speed. The spread ranges from almost complete use, as in Scandinavia, dynamic development, as in the Czech Republic and Greece, to almost complete rejection, as in Bulgaria and Romania. This paper examines and demonstrates the influence of various socio-demographic and emotional characteristics on the use of digital media. Shifts in customer behaviours are revealed and discrepancies are identified by time series analyses and factor analyses. The results reveal the forthcoming death of the bank branch network accompanied by a regionally varying acceptance of Internet and mobile banking. This area of tension requires banks to have a good understanding of customer requirements regarding the demand for digitisation in order to avoid misguided decisions. However, the bank’s side in the adoption process of new technologies by customers has been neglected by scientific studies so far. In order to measure the state of digitisation of banking services, a comparison equation is presented that allows banks to be benchmarked in terms of the degree of digitisation and enables banks to dynamically track changes in their customer portfolios.

Digital tools and smart technologies in marketing: a thematic evolution

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Estrella Diaz ◽  
Águeda Esteban ◽  
Rocío Carranza Vallejo ◽  
David Martín-Consuegra Navarro
Keyword(s):  
New Technologies ◽  
Market Competition ◽  
International Marketing ◽  
Digital Technologies ◽  
Future Research ◽  
Disruptive Technology ◽  
Content Type ◽  
Performance Determinants ◽  
Smart Technologies ◽  
The Impact

PurposeThis paper aims to analyze the evolution of digital and smart technologies and their relationship with different themes within marketing journals. In addition, this study has included the evolution of digital and smart technologies in relevant International Marketing (IM)/International Business (IB) journals to describe the impact of technology on this specific area to draw some interesting conclusions.Design/methodology/approachA bibliometric approach is applied in this research using science mapping analysis to visualize and reveal the evolution of smart and digital technologies in this specific academic area.FindingsBy combining science maps with performance indicators, the results of this study suggest that new technologies are related to eight main topics within marketing journals: implementation-completion, perceptions, behavior, market competition, adoption-diffusion model, social media, competitive advantage and disruptive technology. Additionally, this work provides new avenues for future research. When analyzing IM and IB journals, the findings highlight six thematic areas: perceptions-eWOM relationship, innovative foreign markets, performance determinants, Japan, industrial research and China.Originality/valueThis study contributes theoretically to developing and describing a framework for research in smart and digital technologies in the general marketing and international marketing/business fields. It adds a coherent perspective on the points of contact in marketing evolution, where smart technology has a meaningful role. This study outlines the changing questions surrounding the touchpoints as well as emerging research topics.

Sign in / Sign up

Export Citation Format

Share Document