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2021 | OriginalPaper | Chapter

2. Disruption and Dynamics of Competitive Advantage – A Short Survey on Empirical Patterns of Entrepreneurial Innovation and Firm Dynamics in the Light of Technological Regimes

Author : Markus Thomas Münter

Published in: Entrepreneurial Connectivity

Publisher: Springer Singapore

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Abstract

Christensen’s model of disruption is recently facing pushbacks. We resolve parts of the ambiguities by putting disruption theory into the context of technological regimes. Based on a review of empirical patterns, we show that the success of a potentially disruptive start-up is co-determined by firm-specific innovation capability, stage of industry evolution and technological regime. The main proposition of this chapter is, that industries over time typically develop from an entrepreneurial regime into a routinized regime, however, this process might be reversed by disruptive innovations. As a consequence, competitive advantage is pushed forth and back between entrepreneurial start-ups and incumbent firms.

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Title: Disruption and Dynamics of Competitive Advantage – A Short Survey on Empirical Patterns of Entrepreneurial Innovation and Firm Dynamics in the Light of Technological Regimes
Author: Markus Thomas Münter
Publisher: Springer Singapore
Book: Entrepreneurial Connectivity
Print ISBN: 978-981-16-5571-5

Electronic ISBN: 978-981-16-5572-2

Copyright Year: 2021
DOI: https://doi.org/10.1007/978-981-16-5572-2_2