We model a firm’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 firm should pursue radical rather than incremental innovation. We use the criterion of maximizing the expected present value of profits during the l...

Studies of service innovation have increased along with the growth of the service sector, and they have emerged from being marginal and neglected to achieve recognition as an important field to study (Miles, 2000). Until recently, this research field has to a great extent been divided between two contrasting approaches: demarcation and assimilation (Coombs & Miles, 2000). The demarcation approa...

The contemporary information technology and changing habits of consumers using Web-based platforms provides new possibilities for companies to exploit the innovativeness and technical abilities of consumers in their research and development work. Because of international platforms, this kind of crowdsourcing is a source for transcultural incremental and radical innovations for companies. The pu...

This study answers the question on whether areas of agglomeration or high industry specialization constitute supportive prone-to-innovation environments for generation radical innovation. By drawing CIS distinction between incremental vs innovation, we disentangle effect occurrence innovations, a phenomenon mostly overlooked. analysing large dataset 3,602 firms from and other geographic dataset...

Investing in radical innovation requires specific forms of investment, which have to deal with knightian uncertainty. This paper focuses on the links developed by venture capitalists between them, through co-investment operation, and studies their relationship through social network analysis. We analyze the influence of different proximities (essentially spatial, political and industrial) on th...

There is a tightening race for developing new innovative businesses between global corporations in the world’s high tech industries. Technology-oriented global corporations have therefore to react as fast as possible in order to be able to create new customer value in due time with innovative offers and to survive in increasingly hypercompetitive global markets. In many cases they try to match ...

The contemporary information technology and changing habits of consumers using Web-based platforms provides new possibilities for companies to exploit the innovativeness and technical abilities of consumers in their research and development work. Because of international platforms, this kind of crowdsourcing is a source for transcultural incremental and radical innovations for companies. The pu...

@article{pesc07, AUTHOR = {M.F. Peschl}, TITLE = {Triple-loop learning as foundation for profound change, individual cultivation, and radical innovation. Construction processes beyond scientific and rational knowledge}, YEAR = {2007}, JOURNAL = {Constructivist Foundations}, VOLUME = {2}, NUMBER = {2-3}, PAGES = {136--145}, URL = {http://www.univie.ac.at/constructivism/journal/articles/CF2.2.pdf...