This paper investigates which risks characterise radical innovation projects. In-dept case studies were carried out via interviews and a questionnaire. The risk concept applied in this study includes three dimensions: certainty, controllability and impact. Three structural or unambiguous risks were found: New product performance according to specification, reliability of suppliers and new produ...

Purpose This paper aims to unpack the sets of policy ideas underpinning use social innovation, thus permeating allegedly politically neutral language concept. Design/methodology/approach Drawing on Daigneualt (2014), this adapts a four-dimensional approach investigate different conceptualisations particularly in relation who actors driving change are, nature problems addressed, objectives pursu...

While incremental innovation is for most companies a well assessed process, radical product innovation is often handled with difficulty, mainly due to myriad obstacles in the idea-to cash process which limits company’s ability to innovate. As a typical approach, engineers firstly try to find innovative solutions only inside their technological product space, basically thinking accordingly to th...

Providing an environment in which both radical innovation and continuous improvement can exist, i.e. an ambidextrous environment, is one of the biggest challenges management faces. While having an ambidextrous organisation is of central importance to the competitive advantage of a firm, there is limited understanding of how to manage it. In this article, we are reporting on our research on the ...

We model a rm's decisions about product innovation, focusing on the extent to which features should be improved or changed in the succession of models that comprise a life cycle. We show that the structure of revenues and costs can suggest when a rm should pursue radical innovation. We use the criterion of maximizing the expected present value of pro ts during the life cycle. Computational stud...

EXTENDED ABSTRACT As any mature industry the forest industries have gone through many transformations and structural changes. Historically, forest industries in the Northern hemisphere (North America and Northern European countries) have been rather successful by moving forward in the value chain in order to avoid market decline or raw material shortage (Hylander 2009). From timber exports and ...

The paper examines successive cycles of innovation, prompted by the introduction of radical product innovations, in mature industries. Recent history in the camera and computer industries highlights the importance of user heterogeneity and design complementarities in driving new innovation cycles. Hedonic price analysis is used to test for distinct niches in these industries. The results indica...