互补性资产与既有企业突破性创新关系的研究

Study of relationship between complementary assets and incumbent firms' radical innovation

分析企业在突破性技术创新出现后绩效下滑的成因,认为当既有企业在技术变革中经历了技术劣势后,这种劣势在何种程度上转化为商业劣势取决于既有企业拥有的互补性资产。若既有企业拥有的专业化互补性资产在突破性创新出现后仍保留其价值,那么这些资产会使既有企业免遭竞争力破坏;只有当技术能力遭到破坏且专业化资产的价值降低时,既有企业才会遭受重大损失。

Incumbent firms often go into decline after the emergence of radical technological innovation, yet new entrants rise to market dominance by exploring new technology. But some established firms survive and prosper. This study analyzes the cause of this phenomenon and suggests that when established firms experience technological disadvantage in the face of radical innovation, the extent to which that disadvantage translates into a commercial disadvantage may depend on the complementary assets possessed by established firms. If incumbent firms possessed specialized complementary assets that retained their value despite the technological shift, these assets will buffer incumbents from competence destroying; Incumbents only suffer in the market when both technology competence is destroyed and the value of specialized complementary assets are diminished.