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Smith, D.J. 
ORCID: 0000-0001-7359-8451,
2012.
Technological discontinuities, outsiders and social capital: a case study from Formula 1.
European Journal of Innovation Management, 15 (3), pp. 332-335.
ISSN 1460-1060
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Abstract
Purpose – The purpose of this paper is to examine how and why outsiders, rather than incumbents, are able to take advantage of technological discontinuities. Design/ methodology/approach – The paper employs a case study of a single innovation that transformed the technology of Formula 1 motor racing. Findings – The findings show how social capital made up of ‘weak ties’ in the form of informal personal networks, enabled an outsider to successfully make the leap to a new technological regime. Practical implications – The findings show that where new product development involves a shift to new technologies, social capital can have an important part to play. Originality/value – It is widely accepted that radical innovations are often competence destroying, making it difficult for incumbents to make the transition to a new technology. The findings show how the social capital of outsiders can place them at a particular advantage in utilizing new technologies.
| Item Type: | Journal article | ||||
|---|---|---|---|---|---|
| Publication Title: | European Journal of Innovation Management | ||||
| Creators: | Smith, D.J. | ||||
| Publisher: | Emerald | ||||
| Place of Publication: | Bingley | ||||
| Date: | 2012 | ||||
| Volume: | 15 | ||||
| Number: | 3 | ||||
| ISSN: | 1460-1060 | ||||
| Identifiers: |
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| Divisions: | Schools > Nottingham Business School | ||||
| Record created by: | EPrints Services | ||||
| Date Added: | 09 Oct 2015 09:50 | ||||
| Last Modified: | 09 Jun 2017 13:12 | ||||
| URI: | https://irep.ntu.ac.uk/id/eprint/3656 |
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