Prof. Dr. Andreas König MBA, MMus
Chair of Technology,
Innovation, and Entrepreneurship
- 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.