Fundamental Theory of Strategy, Technology, Innovation, and

advertisement

Prof. Dr. Andreas König MBA, MMus

Chair of Technology,

Innovation, and Entrepreneurship

Fundamental Theory of Strategy, Technology,

Innovation, and Entrepreneurship

- Lecture / Tutorial-

- Overview -

In this course, we address the following questions:

What are strategy, technology, innovation, and entrepreneurship?

What is strategic innovation?

What are the challenges that companies and executives are confronted with when developing and commercializing discontinuous technologies?

What is strategic entrepreneurship?

What opportunities do strategic innovations offer for young companies?

Please note: The lecture is accompanied by a series of highly interactive tutorials.

Lecture: Tuesday 16:00 - 18:00 p.m.

Tutorials: Thursday 08:00

– 12:00 p.m. (the tutorial takes place at irregular intervals)

Below, you find the exact dates and an outline of the content discussed in each session. Please, read all texts, and watch all videos asap after each class!

For any question, please contact Michael Wiedermann ( michael.wiedermann@unipassau.de

). The course material including handouts will be available on Stud.IP shortly before each class.

Lecture 1 Management theory: what and why?

October 15 Topics: Introduction

What is (management) theory?

Why is management theory relevant for practicing managers?

Literature: Carlile & Christensen (2005)

Christensen: http://www.youtube.com/watch?v=rpkoCZ4vBSI

Lecture 2 Management theory: what and why?

October 22 Topics: How do we build management theory?

How can we challenge and test our assumptions and theories?

– Criteria of theoretical excellence

Literature: Singleton & Straits (2009), pp. tbd.

Christensen: http://www.youtube.com/watch?v=WJzYTxXH7R0

Lecture 3 Management theory: what and why?

November 5 Topics: Other types of theories: process theories

How do we use theory to become better managers?

The illusion of strategic validity

Literature: Singleton & Straits (2009), pp. tbd.

Langley (1999)

Sutton (1987)

Rosenzweig (2007)

Lecture 4 Strategy as practical theory

November 12 Topics: What is strategic innovation?

The Value-Process-Framework

Technological Paradigms

Literature: Drucker (1994)

Enders, König, Hungenberg, & Engelbertz (2009)

Hambrick & Frederickson (2001)

Porter: http://www.youtube.com/watch?v=KvYwKM5bY0s

Tutorial 1 Critical Thinking

November 14 Theory Building

Logic

Literature: tbd.

Lecture 5 Strategy as practical theory

November 19 Topics: External and internal sources of strategic innovation

Types of strategic innovations

Attributes versus values

Value innovation - Apple

Lecture 6

Literature: Porter (1996)

Kim & Mauborgne (2005)

Christensen: http://www.youtube.com/watch?v=Kjcx87JmhvM

Technology adoption in incumbent firms

November 26 Topics: Incumbent inertia and economic reasons

Disruptive innovation and resource dependence

Incumbent position reinvestment

Organizational efficiency

Literature: Christensen & Bower (1996)

Christensen: http://www.youtube.com/watch?v=JKH-Nak9nK4

König (2013)

Hill & Rothaermel (2003)

Tutorial 2 What is innovation?

November 28 Creative Thinking

Challenging assumptions

Value process framework

Literature: t.b.d.

Lecture 7 Technology adoption in incumbent firms

December 3 Topics: Incumbent inertia and cognitive-emotional reasons

Exploration versus exploitation

Threat rigidity

Literature: Benner (2010)

Tripsas & Gavetti (2000)

Gilbert (2005)

March (1991)

Lecture 8 Technology adoption in incumbent firms

December 10 Topics: Organizational path dependency

Organizational routines

Organizational biases

Literature: Sydow, Schreyögg, & Koch (2009)

Ariely: http://www.youtube.com/watch?v=9X68dm92HVI

Kahneman: http://www.youtube.com/watch?v=GrFHRtGmE5I http://www.youtube.com/watch?v=pMqM4BDqvXY

Lecture 9 Leading strategic innovation

December 17 Topics: Organizational ambidexterity

Management innovation

Absorptive capacity

Literature: O’Reilly & Tushman (2013)

Birkinshaw: http://www.youtube.com/watch?v=pK9U_9XHRmM

Birkinshaw, Hamel, & Mol (2008)

Tutorial 3 Technological Discontinuities an incumbent inertia

December 19 Discontinuous Technologies

Inertia: Resource vs. Routine Rigidity

Response to radical technological change

Literature: Christensen & Bower (1996)

Gilbert (2005)

Benner (2010)

Lecture 10 Leading strategic innovation

January14 Topics: Upper echelons theory

Executive narcissism

Literature: Hambrick & Mason (1984)

Gerstner, König, Enders, & Hambrick (2013)

Jobs: http://www.youtube.com/watch?v=PEHNrqPkefI

Tutorial 4 Path Dependency, Ambidexterity

January 16 Literature: O’Reilly & Tushman (2013)

Raisch et al. (2009)

Sydow, Schreyögg, & Koch (2009)

Lecture 11 Strategically innovative entrepreneurship

January 21 Topics: The entrepreneur as theorist

Strategic sensitivity as core entrepreneurial capability

Leveraging incumbent weaknesses

Literature: Isaacson: http://www.youtube.com/watch?v=SXSJzWxh0yo

Jobs: http://www.youtube.com/watch?v=pnoeSvHAJ9I

Tutorial 5 Managing the potential of discontinuous technologies

January 23 Google self-driving car case

Literature: t.b.d.

Lecture 12 Strategically innovative entrepreneurship

January 28 Topics: Effectuation

Literature: Sarasvathy (2001)

Wiltbank, Read, Sarasvathy, & Dew (2011)

Read (all 5 episodes): http://www.youtube.com/watch?v=DnGrcCVG8TE&list=

PLbzmrOO9phj1rLvJk18nsM_WpjfX0hzjK

Tutorial 6

February 6

Exam Q&A

February 4 t.b.d.

Lecture 13 Strategically innovative entrepreneurship – Guest lecture

Topics: tbd.

Literature: tbd.

Grading:

Exam (60 min) at the end of the semester (100% of the grade)

The contents of the lecture sessions as well as of the tutorials are highly relevant for the final exam. Again, also watch all videos truly thoroughly.

References:

Benner, M. 2010. Securities analysts and incumbent response to radical technological change: Evidence from digital photography and internet telephony.

Organization Science , 21(1): 42-62

Birkinshaw, J., Hamel, G. & Mol, M. 2008. Management innovation. Academy of

Management Review , 33(4): 825-845

Carlile, P. R., & Christensen, C. M. 2005. The cycles of theory building in management research . Working Paper, Harvard Business School, Boston.

Christensen, C., & Bower, J. 1996. Customer power, strategic investment, and the failure of leading firms. Strategic Management Journal , 17, 197-218

Drucker, P. 1994. The theory of business. Harvard Business Review , September-

October 1994: 96-104

Enders, A., König, A., Hungenberg, H., & Engelbertz, T. 2009. Towards an integrated perspective of strategy: The value-process framework. Journal of Strategy and

Management , 2(1): 76-96

Gerstner, W., König, A., Enders, A., & Hambrick, D. 2013. CEO narcissism, audience engagement, and organizational adoption of technological discontinuities.

Administrative Science Quarterly , 58(2): 257-291

Gilbert, C. 2005. Unbundling the structure of inertia. Academy of Management

Journal , 48 (5): 741-763

Hambrick, D. C., & Mason, P.A. 1984. Upper echelons: The organization as a reflection of its top managers. Academy of Management Review , 9: 193-206.

Hambrick, D. C., & Frederickson, J. 2005. Are you sure you have a strategy?

Academy of Management Executive.

19(4): 51-62

Hill, C., & Rothaermel, F. 2003. The performance of incumbent firms in the face of radical technological innovation. Academy of Management Review , 28(2): 257-

274

König, A. 2012. Technological discontinuities. In E. Kessler, J. Bartunek, M. Hitt, A.

Huff, P. Lawrence, J. Pfeffer, A. Van de Ven, & D. Whetten (Eds.), Encyclopedia of management theory : 824-829. Thousand Oaks: Sage.

Langley, A. 1999. Strategies for theorizing from process data. Academy of

Management Review , 24(4): 691-710

March, J. 1991. Exploration and exploitation in organizational learning. Organization

Science , 2(1): 71-87

O’Reilly, C. & Tushman, M. 2013. Organizational ambidexterity: Past, present and future . Working Paper, Research Paper Series, Stanford Graduate School of

Business, Stanford.

Porter, M. E. 1996. What is strategy? Harvard Business Review , November-

December 1996: 61-78

Raisch, S., Birkinshaw, J., Probst, G., & Tushman, M. 2009. Organizational ambidexterity: Balancing exploitation and exploration for sustained performance.

Organizational Science , 20 (4): 685-695.

Rosenzweig, P. (2007) The halo effect: How managers let themselves be deceived.

London: Pocket Books.

Sarasvathy, S. 2001. Causation and effectuation: Toward a theoretical shift from economic inevitability to entrepreneurial contingency. Academy of Management

Review , 26(2): 243-263

Singleton, R. A., & Straits, B. C. 2009. Approaches to social research (5 th

ed.).

Oxford: Oxford University Press.

Sutton, R. 1987. The process of organizational death: Disbanding and reconnecting.

Administrative Science Quarterly , 32: 542-569

Sydow, J., Schreyögg, G., & Koch, J. 2009. Organizational path dependence:

Opening the black box. Academy of Management Review , 34(4): 689-709

Tripsas, M. & Gavetti, G. 2000. Capabilities, cognition, and inertia: Evidence from digital imaging. Strategic Management Journal , 21(10-11): 1147-1161.

Dew, N., Read, S., Sarasvathy, S., & Wiltbank, R. 2011. On the entrepreneurial genesis of new markets: effectual transformations versus causal search and selection. Journal of Evolutionary Economics , 21(2): 231-253.

Download