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The Evolution of Corporate Capabilities in Emerging Technologies

Author

Listed:
  • William F. Hamilton

    (The Wharton School, University of Pennsylvania, 3611 Locust Walk, Philadelphia, Pennsylvania 19104-6222)

  • Harbir Singh

    (The Wharton School, University of Pennsylvania, Suite 2000, Steinberg Hall-Dietrich Hall, 3620 Locust Walk, Philadelphia, Pennsylvania 19104-6370)

Abstract

The evolution of the capabilities of firms in emerging technological fields depends upon the progress of technological development. The strategies firms in these fields employ change as the field evolves. Over time, the strategic resources they commit evolve from broad and exploratory investments oriented towards research to focused, more substantial investments directed towards establishing their competitive positions. Firms' dependence on external alliances also shifts over time, decreasing as the field evolves.

Suggested Citation

  • William F. Hamilton & Harbir Singh, 1992. "The Evolution of Corporate Capabilities in Emerging Technologies," Interfaces, INFORMS, vol. 22(4), pages 13-23, August.
    • Handle: RePEc:inm:orinte:v:22:y:1992:i:4:p:13-23
    DOI: 10.1287/inte.22.4.13
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    Citations

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    Cited by:

    1. Geissinger, Andrea & Laurell, Christofer & Sandström, Christian, 2020. "Digital Disruption beyond Uber and Airbnb—Tracking the long tail of the sharing economy," Technological Forecasting and Social Change, Elsevier, vol. 155(C).
    2. Pablo D'Este & Simona Iammarino & Maria Savona & Nick von Tunzelmann, 2008. "What hampers innovation? Evidence from the UK CIS4," SPRU Working Paper Series 168, SPRU - Science Policy Research Unit, University of Sussex Business School.
    3. D’Este, Pablo & Iammarino, Simona & Savona, Maria & von Tunzelmann, Nick, 2012. "What hampers innovation? Revealed barriers versus deterring barriers," Research Policy, Elsevier, vol. 41(2), pages 482-488.
    4. Achleitner, Ann-Kristin & Fingerle, Christian H., 2004. "What you get is what you need? The role of venture capitalists in managing growth of new ventures," CEFS Working Paper Series 2004-05, Technische Universität München (TUM), Center for Entrepreneurial and Financial Studies (CEFS).
    5. Anna Cabigiosu, 2022. "Sustainable development and incumbents' open innovation strategies for a greener competence‐destroying technology: The case of electric vehicles," Business Strategy and the Environment, Wiley Blackwell, vol. 31(5), pages 2315-2336, July.
    6. Zahra, Shaker A. & Bogner, William C., 2000. "Technology strategy and software new ventures' performance: Exploring the moderating effect of the competitive environment," Journal of Business Venturing, Elsevier, vol. 15(2), pages 135-173, March.

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    Keywords

    strategy; industries: biotechnology;

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