IDEAS home Printed from https://ideas.repec.org/a/rfa/bmsjnl/v1y2015i2p66-76.html
   My bibliography  Save this article

Managing Innovation Probabilities: Core-driven vs. Bottleneck-removing Innovations

Author

Listed:
  • Tsutomu Harada

Abstract

This paper provides a simplified framework of focusing devices that generate different patterns of innovation, i.e., core-driven and bottleneck-removing innovations, and discusses the managerial implications. We show that core-driven innovation should be undertaken when technology components are independent (independent technology system), while bottleneck-removing innovation should be pursued when they are interdependent (interdependent technology system). Different types of focusing device should therefore be adopted based primarily on the degree of interdependence among technology components, which in turn maximizes underlying innovation probabilities. One of the implications of the results is that the effective management of innovation is made possible when innovative activities and corresponding focusing devices are appropriately arranged and coordinated to maximize innovation probability. We discuss these managerial challenges in terms of incentives, governance, and competitive strategies.

Suggested Citation

  • Tsutomu Harada, 2015. "Managing Innovation Probabilities: Core-driven vs. Bottleneck-removing Innovations," Business and Management Studies, Redfame publishing, vol. 1(2), pages 66-76, September.
    • Handle: RePEc:rfa:bmsjnl:v:1:y:2015:i:2:p:66-76
    as

    Download full text from publisher

    File URL: http://redfame.com/journal/index.php/bms/article/view/875/824
    Download Restriction: no
    File URL: http://redfame.com/journal/index.php/bms/article/view/875
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:rfa:bmsjnl:v:1:y:2015:i:2:p:66-76. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Redfame publishing (email available below). General contact details of provider: https://edirc.repec.org/data/cepflch.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.