Technology Theory : Technology And Innovation Essay

Technology Theory : Technology And Innovation Essay

Length: 1493 words (4.3 double-spaced pages)

Rating: Strong Essays

Open Document

Essay Preview

Technology Mudslide Hypothesis :
This term was first introduced by Clayton M. Christensen in 1995, to discuss the phenomenon that emerges and might result in large firm’s failure as the result of technological innovations. Two concepts of disruptive and sustaining innovation was developed to explain two main categories of innovation. Sustaining technology or innovation refers to an innovation that does not create a new market or value and only improves the existing technology allowing the firms to compete against each other’s sustaining innovations. For example, introduction of Iphone 6 in the market did not create a new market segment and it was only an improvement to the existing product in the market. On the other hand, disruptive technology refers to the one that creates a new market and value. For example, back in the day when cars were considered luxury goods only a percentage of people were able to afford it but introduction of cheap cars disrupted the market and allowed others to enter the car market. Also, introduction of cellular phones disrupted the market for fixed line telephones . Technology mudslide hypothesis says if firms fail to constantly strive to keep up technologically with other business they will slide down the hill just like trying to climb a mudslide raging down the hill and you stop for one second to catch a breath. Christensen tests his hypothesis on different markets and innovations and concludes that his hypothesis is wrong and reality is different. He had shown that the business environment of large firms does not allow them to keep up with the new technology at first, because it is not profitable enough initially and because they do not want to take away resources from sustaining innovations that c...

... middle of paper ...

... talks about a strategic partnership that needs to be formed between management and employee throughout the technological change process, in order for the change to be successful. The author presents an integrative framework for implementing the change and explains the technological adoption life cycle with various steps that must be taken in order for the change to be successful. The six steps in the life cycle are as follow :
1) Identify business strategy and goals
2) Assess whether new technology is needed to meet these business strategies and goals and whether the organization is ready for the technology
3) Planning, implementing and training
4) System design
5) Implementation
6) Evaluation
In order for the change to have an ongoing success, the findings of the last step, Evaluation, needs to be fed back to the first step and business strategy changes accordingly

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Essay on The Theory Of Disruptive Innovation

- “If it ain’t broke, then don’t fix it!” It’s an adage that we have heard time and time again. Some blame the stagnant reasoning on tradition. Others are more honest and just refuse to be the ones who ruffle feathers. Some are just bystanders as a whole. No matter what role each person plays in the organizational scenario, the results are still the same. There is no progress. This is something that is recognized by both Christensen and Barker in their views to create a better process. When comparing these two innovators, I think that is important to note that neither speaker applies their theories of innovation to just one business sector....   [tags: Disruptive technology, Innovation, Medical record]

Strong Essays
729 words (2.1 pages)

How Useful Is The Theory Of Disruptive Innovation? Essays

- No to TDI – Opponents: Although there are many naysayers, the one most opposing view on TDI that gripped my attention came from Andrew King and Baljir Baatartogtokh, in their article, “How Useful Is the Theory of Disruptive Innovation?”. King and Baatartogtokh did acknowledge the reputation of TDI in the business word; they however stated that the theory has not been sufficiently tested in academia. To make their points, King and Baatartogtokh decided to survey a number of experts, with majority in academia, on each of the 77 disruptions cases depicted in Christensen’s “The Innovator Dilemma”....   [tags: Disruptive technology, Innovation, Marketing]

Strong Essays
1028 words (2.9 pages)

Innovation, Technology, And Innovation Essay

- In addition to invention process, innovation is an important process for countries to level up their technology capacity. Innovation process is more complex and more organized compare to invention due to the fact that invention may accidently take place. On the contrary, innovation should be planned and needs more effort to enhance technology and research which are important to increase innovative activities in countries. Fagerberg pointed out that innovation is helpful for low- income countries to catch up high income countries....   [tags: Innovation, Invention, Technology, Economics]

Strong Essays
868 words (2.5 pages)

The Diffusion Of Innovation Curve Essay

- Essay Questions for Marketing Q.1: The Diffusion of Innovation Curve The diffusion of innovation curve refers to a curve which is used to explain why, how and the rate at which technology and ideas spread from one region to another. The curve is defined by the diffusion of innovation theory. The idea of the diffusion of innovation was coined by Professor Everett Rogers who was teaching the communication studies in the year 1962. Professor through his book "The diffusion of innovations" explains that diffusion of innovation refers to the condition in which the innovations is passed from one community to the other and to the participants who are found in a social system (Rogers 57)....   [tags: Marketing, Innovation]

Strong Essays
1473 words (4.2 pages)

Invention, Innovation, and Interdependence Essay

- Scientific and technological progress is one of the most important and far reaching of humanity’s effort streams throughout history. One of the hallmarks of any great society is what new or improved knowledge of the world and how it works that the society can contribute. A strong and vibrant culture celebrates the spirit of invention and innovation. Closely allied with this concept is the spirit of entrepreneurship, considered one of the greatest qualities of the American culture. Americans laud the success of the inventor and salesman alike; while the greatest self-promoters are more fully remembered, the greatest minds are never truly forgotten....   [tags: Innovation ]

Strong Essays
1665 words (4.8 pages)

Technological Innovation As A Process Essay

- Technological innovation as a process When innovation is studied as a process, there may be several definitions.   Davenport (2013) see innovation as “the process in which from an idea, invention, or recognition of a need develops a product, technique or useful service to be commercially accepted “. In this definition, success of an innovation is broadly linked with the concept of social utility, and less with the commercial acceptance. Linear model of innovation defines innovation as a process that begins with basic research and then passes from applied research....   [tags: Innovation, Technology, Research, Creativity]

Strong Essays
715 words (2 pages)

Conceptual Difference Between Creativity And Innovation Essay

- Conceptual difference between Creativity and innovation The main point or amount unlike between creativity and inovation is the main focus. Creativity is about letting loose the possible & unused quality of the mind to get the idea new ideas. Those ideas of a quality common to a group could statement of goods transported themselves in any number of ways. however, creativity can also be thought experiments within one persons mind. Creativity organisational Creativity takes the ideas of a quality common to a group, principles and getting rightly having a relation with organisational change, organisational design and organisational driving power coming out from a discovery of creativity in the...   [tags: Innovation, Management, Entrepreneurship]

Strong Essays
2076 words (5.9 pages)

The Diffusion Of Innovation And Its Attributes, Communication Channels, Time And Social System

- INTRODUCTION Diffusion of innovation is explained as a method of market insertion of new products and services, which is driven by social impacts (Mahajan et al. 2010). Diffusion theory found on frame suggested by Rogers (1962) explains the presumption, that there are four parts of diffusion method: innovation with its attributes, communication channels, time and social system. Rogers characterises five portions of possible adopters of innovation, based on their penchant to adopt a particular innovation: innovators, early adopters, early majorities, late majorities and laggards....   [tags: Marketing, Innovation, Diffusion of innovations]

Strong Essays
1262 words (3.6 pages)

Technology And Innovation : The Innovator Entrepreneur Essay

- In short, on one hand, the term of entrepreneur tend to more give attention to the businesses that use high technology and innovation, they can be called as “the innovator-entrepreneur”. Those who conduct a complex of coordinated activities, and bring into contact technicians and potential consumers of the new product, the 'organizers ' and 'the traders '. They are successful because they can maximize the opportunities and generates new sources or a chance to get credit. As a result, they 'create ' credit....   [tags: Gender role, Gender, Masculinity, Sociology]

Strong Essays
777 words (2.2 pages)

Essay about Knowledge Management & Innovation Theory

- Knowledge Management and Innovation Theory Introduction Arguably, world economy in the recent post-industrial times can be said to be an information-intensive atmosphere. A good number of scholars assert that, competition both in global and local market, distinction of the market place, as well as profitability is influenced by efficient knowledge. There are numerous definitions that have been put forward to explain the term ‘knowledge’, depending on the area in which it is applied. In this particular context or rather in the business context, the term ‘knowledge’ is used to refer to the state of being aware and able to understand specifics, truth, or information that is achieved through lea...   [tags: Business Management ]

Strong Essays
2226 words (6.4 pages)