Storm Clouds and Silver Linings: Responding to Disruptive Innovations Through Cognitive Resilience
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Management study of how small incumbent firms respond to disruptive business model innovation; the object is firm behavior.
The study examines business responses to disruptive innovation, not research itself.
Entrepreneurship theory of incumbent firms responding to disruptive business-model innovation.
Résumé
Incumbent firms facing disruptive business model innovations must decide whether to respond through inaction, resistance, adoption, or resilience. We focus on resilient responses to simultaneous perceived threat and opportunity by managers of small incumbent firms. Using cognitive framing arguments, we argue that risk experience moderates perceptions of opportunity, whereas perceived urgency moderates situation threat. We test our framework in the real estate brokerage context, where small incumbents face considerable challenges from disruptive business model innovations, such as discount brokers. Analysis of data from 126 real estate brokers broadly confirms our framework. We conclude with implications of our research for small business incumbents.
Conservé avec la notice de tri, où il sert de preuve aux étiquettes ci-dessus.
La notice
- Revue
- Entrepreneurship Theory and Practice
- Thématique
- Supply Chain Resilience and Risk Management
- Domaine
- Business, Management and Accounting
- Établissements canadiens
- University of Calgary
- Organismes subventionnaires
- —
- Mots-clés
- Framing (construction)Real estateBusinessContext (archaeology)Disruptive innovationPsychological resilienceResilience (materials science)MarketingPerceptionBusiness modelCognitionPsychologyFinanceSocial psychology
- Résumé présent dans OpenAlex
- oui