Loading…

Using innovation contests to promote the development of generic technologies

Many technology firms organize innovation contests to discover ideas for new goods, services, and business models. This article investigates an innovation contest during its early phases regarding designing generic technologies. Generic technologies empower the design of several technological applic...

Full description

Saved in:
Bibliographic Details
Published in:Technological forecasting & social change 2017-01, Vol.114, p.152-164
Main Authors: Kokshagina, Olga, Gillier, Thomas, Cogez, Patrick, Le Masson, Pascal, Weil, Benoit
Format: Article
Language:English
Subjects:
Citations: Items that this one cites
Items that cite this one
Online Access:Get full text
Tags: Add Tag
No Tags, Be the first to tag this record!
Description
Summary:Many technology firms organize innovation contests to discover ideas for new goods, services, and business models. This article investigates an innovation contest during its early phases regarding designing generic technologies. Generic technologies empower the design of several technological applications for multiple markets, create value across several domains, and contribute to the disruption of existing industries. Actors involved in generic technology innovation contests are confronted with double uncertainties in which the scopes of both technologies and markets are uncertain. Based on in-depth analysis of a case study conducted at a leading semiconductor manufacturer, STMicroelectronics, findings describe various phases of generic technology innovation contests, highlighting how such phases support generic potential of ideas to obtain technological platforms. Implications for innovation contests in high-tech environments are discussed. •Introduces a new form of innovation contest in situations with high uncertainty•Innovation contests to promote the development of generic technologies•Analysis of a case study conducted at a semiconductor manufacturer STMicroelectronics•Highlights how contests support generic potential of ideas to obtain platforms
ISSN:0040-1625
1873-5509
DOI:10.1016/j.techfore.2016.07.035