Digital transformation of incumbent firms from the perspective of portfolios of innovation

被引:35
|
作者
Zhang, Zhengyi [1 ]
Jin, Jun [2 ]
Li, Shijing [2 ,3 ]
Zhang, Yuanmin [3 ]
机构
[1] Nanjing Univ Finance & Econ, Sch Business Adm, Dept Business Adm, Nanjing, Peoples R China
[2] Zhejiang Univ, Dept Innovat Entrepreneurship & Strategy, Sch Management, 866 Yuhangtang Rd, Hangzhou, Peoples R China
[3] China Unicom Sichuan Ind Internet Co Ltd, Chengdu, Peoples R China
基金
中国国家自然科学基金;
关键词
Digital transformation; Portfolio of innovation; Dynamic process; Incumbent firms; China; DYNAMIC CAPABILITIES; TECHNOLOGY; STRATEGY; SYSTEMS; MODEL; ENTREPRENEURSHIP; MANAGEMENT;
D O I
10.1016/j.techsoc.2022.102149
中图分类号
D58 [社会生活与社会问题]; C913 [社会生活与社会问题];
学科分类号
摘要
Digital technology has created new elements of innovation types and given incumbent firms new portfolios of innovation. The portfolio of innovation used during a digital transformation allows it to be successfully imple-mented and gives a competitive advantage to incumbent firms. We present two propositions for the portfolio of innovation and its shift during the process of digital transformation. Based on an emergent innovation matrix, we conducted a multi-case study on three Chinese firms from different industries, in order to identify the novel innovation types that appear when these firms undergo digital transformation. The research suggests that incumbent firms innovate in various ways simultaneously to implement a digital transformation when faced with market and technology change, and the portfolio of innovation shifts during the digital transformation process.
引用
收藏
页数:14
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