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Author: | McRae Watts, R. |
Title: | Commercializing discontinuous innovations |
Journal: | Research Technology Management
2001 : NOV/DEC, VOL. 44:6, p. 26-31 |
Index terms: | COMMERCIALIZATION INNOVATION TECHNOLOGICAL CHANGE VENTURE CAPITAL |
Language: | eng |
Abstract: | Rapid changes in technology, and the incompatibility between the culture of an established corporation and a startup company, make it difficult for many large corporations to maintain their technological edge, even with their access to more resources and wide-spread distribution systems. However, the capital markets enable an approach to commercializing discontinuous innovations in a time of creative destruction based on leveraging the "patient money" aspect of venture capital. |
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