ETH - D-MTEC - EML - Management of Convergence in Innovation

In the study of how firms create and appropriate value on the marketplace, the phenomenon of convergence represents a recent construct that challenges established industry structures. Convergence erodes previously distinct boundaries between knowledge bases and their applicational artifacts, and introduces new mutual dependencies between organizations. Not only does the phenomenon extend the existing scope of a firm, but it may also redefine rules of the game within an entire industry. How can firms create and appropriate value in environments of convergence? How can firms leverage the spill-over potential? How can firms manage convergence in innovation?

Current projects

Microfoundations of convergence (F. Hacklin, M. W. Wallin, G. von Krogh)
Business model convergence (F. Hacklin, D. Klang)
Patterns of entrepreneurial convergence (F. Hacklin, E. Aksüyek)
Organizational efficiency in interdisciplinary knowledge integration (F. Hacklin, B. Battistini)
Convergence and contingency (F. Hacklin)

Recent publications

K. Lindström (2010). Affärsmodell viktigare än bransch. Interview in Computer Sweden, a daily newspaper on IT, telecom and business, 5.10.2010 (in swedish).
F. Hacklin, P. Baschera (2010). Schwindende Industriegrenzen erfordern neue Strukturen. io new management, Nr. 4, April 2010.
F. Hacklin, C. Marxt, F. Fahrni (2010). An evolutionary perspective on convergence: inducing a stage model of inter-industry innovation. International Journal of Technology Management, Vol. 49, Nos. 1/2/3, pp. 220-249 (forthcoming).
F. Hacklin, C. Marxt, F. Fahrni (2009). Coevolutionary cycles of convergence: an extrapolation from ICT industry. Technology Forecasting and Social Change, Vol. 76, No. 6, pp. 723-736.
F. Hacklin (2009). Catching the next convergence wave: lessons from a continuous discontinuity. In: Alcatel-Lucent Stiftung (Ed.), Mensch, Technik, Kommunikation: Beiträge zur Informatisierung in Gesellschaft, Recht, Ökonomie und Technik, Alcatel-Lucent Stiftung für Kommunikationsforschung, Stuttgart, 2009, ISBN 978-3-00-028947-7, pp. 213-235.
F. Hacklin (2008). Management of convergence in innovation: strategies and capabilities for value creation beyond blurring industry boundaries. Springer (Contributions to Management Science Series), ISBN 9783790819892.
F. Hacklin, V. Raurich, C. Marxt (2005). Implications of technological convergence on innovation trajectories: the case of ICT industry. International Journal of Innovation and Technology Management, Vol. 2, No. 3, pp. 313-330.

Book information

Management of Convergence in Innovation: Strategies and Capabilities for Value Creation Beyond Blurring Industry Boundaries (first edition, 2008, Fredrik Hacklin)

Testimonials

"The book is very insightful with a number of eye-opening examples... and executives in this industry will gain a lot of highly valuable advice for their development of new business models."
_{Georg von Krogh, Professor of Strategic Management and Innovation, ETH Zürich}

"...this book forces the reader to reconsider our thinking about the roles of industry and technology in innovation."
_{Gary Clayton, Vice President Speech Applications, Yahoo! Inc.}

"This work provides deep insights on how to navigate through the process of convergence, and offers instrumental guidance"
_{Arup Gupta, Director Wireless Platform Technologies, Ultra Mobile Group, Intel Corp.}

"...various analytical frameworks presented in this book provide a comprehensive basis for managerial decision-making."
_{Ari Backholm, Vice President Marketing & Product Management, Seven Networks Inc.}

"This insightful and far-reaching study ... advances our collective understanding of convergence in innovation"
_{Mark Yolton, Vice President, SAP Community Network, SAP Labs, LLC}

Overview

Throughout the past decade, the phenomenon of technological convergence has increasingly gained managerial attention. In this special form of technological change, the coming-together of previously distinct knowledge bases gives rise to the creation of new applications and business models. When such innovations emerge at the intersection of industries, the resulting creative destruction may exceed previously established industry boundaries. As a consequence, convergence does not only promise the creation of new value, but may imply significant disruptions to established industries. Based on investigating 26 firms within the ICT industry, this book highlights implications of the convergence phenomenon on firms’ innovation management practices, and derives strategic guidelines for building and sustaining business models beyond blurring industry boundaries.

Detailed information

Management of Convergence in Innovation
Strategies and Capabilities for Value Creation Beyond Blurring Industry Boundaries
Series: Contributions to Management Science
Hacklin, Fredrik
2008, XVIII, 260 p. 33 illus., Hardcover
ISBN: 978-3-7908-1989-2

Links

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