When, on 21st September 2006, 'The Economist' compared incumbent telecommunication operators with dinosaurs that could soon face extinction, most readers were ready to agree. The mixture of declining revenues and fierce competition was believed to shake the market and soon to dethrone former...

To tackle the European Union's innovation system weaknesses in the commercialization of the research results, in 2009 the European Commission (EC) has launched an open call for the creation of 2-3 Knowledge and Innovation Communities (KICs), the operative level of the European Institute of...

Corporate venturing (CV) is a widely accepted mechanism for incubating and developing new business within large established firms. Substantial research has been done on this subject, yet many firms have failed in their venturing efforts and booked large losses. In contrast, venturing at firms...

Large firms are generally good at managing incremental innovations, yet they often lack the capabilities that are conducive to developing and deploying radical innovations (RI). Even though large firms recognise the importance of RI, most of them have failed to establish a mechanism, that is, a...

In this paper we focus on the different strategies used by companies during the process of development and diffusion of breakthrough technologies. We distinguish three phases in this process and show that, depending on the length of these phases, pioneers might be confronted with completely...

Corporate venturing is an important avenue of growth for many large established firms, but its results remain mixed. Previous studies suggest that ventures can be best managed through a separate unit that is responsible for all phases in the venturing process. That is for incubation, validation...

How corporate ventures should be managed inside an organization is an intriguing question that has kept many researchers and practitioners occupied. The most basic idea is that raising ventures is different from mainstream activities and should therefore be organized in autonomous New Venture...

Integrating the customer in the innovation process is believed to be a powerful means to reduce failure rates and to increase the revenue from new products. Although many companies have launched programs to enable such integration, the understanding of the mechanisms behind successful programs...

This paper analyzes the establishment of a technology intelligence tool of the Deutsche Telekom Laboratories - the Technology Radar. Goals and method are contrasted to approaches discussed in literature. After the presentation of exemplary findings of the Technology Radar, the role of the...

Sustainability innovations are characterized by a systemic nature, which can only be developed if multiple firms work together. To jointly identify opportunities and plan such sustainability innovations, new methods and approaches are needed. In this article we describe a case study conducted in...