The Innovator's Dilemma, with a New Foreword: When New Technologies Cause Great Firms to Fail - A book review
DOI:
https://doi.org/10.14513/tge-jres.00438Keywords:
Disruptive Innovation, Innovation Management, Upper Echelons Theory, Corporate Governance, The Innovators DilemmaAbstract
This review examines the updated 2024 edition of The Innovator’s Dilemma by Clayton M. Christensen, a seminal work on disruptive innovation and its impact on established firms. Christensen’s theoretical framework, which explains why market leaders fail in the face of disruptive technologies, remains highly relevant. However, this review critically assesses the transferability of his theory within the context of contemporary management research. Furthermore, it explores the applicability of Christensen’s concepts to European and German firms, considering structural, regulatory, and sectoral differences. This review highlights key limitations and outlines potential research avenues that could facilitate a stronger integration of managerial decision-making, industry-specific dynamics, and institutional frameworks into the study of disruptive innovation.
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