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

In: Entrepreneurial Connectivity

Author

Listed:
  • Markus Thomas Münter

    (HTW Saar Saarbrücken)

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.

Suggested Citation

  • Markus Thomas Münter, 2021. "Disruption and Dynamics of Competitive Advantage – A Short Survey on Empirical Patterns of Entrepreneurial Innovation and Firm Dynamics in the Light of Technological Regimes," Springer Books, in: Vanessa Ratten (ed.), Entrepreneurial Connectivity, chapter 0, pages 5-28, Springer.
    • Handle: RePEc:spr:sprchp:978-981-16-5572-2_2
    DOI: 10.1007/978-981-16-5572-2_2
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