This paper explores how the traditional incumbents coped with the rapid transition provoked by disruptive innovation in the South Korean retail industry. More specifically, the study concentrates on the challenges incumbents faced and their step-by-step attempts to deal with disruption....

Disruptive technology theory receives a lot of attention and has a significant influence on scholars and managers in approaching technology competition. Some studies have formalized the disruptive technology, investigating the mechanism and determinants of disruption. While some modern...

Disruptive innovations (DI) have the potential to fundamentally change markets and their power relations: Specifically, established companies are confronted with the threat of being forced out of the market by DI. At the same time, companies also have the opportunity to control the market's...

The spike in COVID-19 cases all over the world poses a massive impact on various sectors of society. The global economy is no exception, for it has been severely affected by the unprecedented public health crisis leading businesspeople to shutdown commercial establishments and dramatically...

The disruptive innovation framework has become a topical issue in recent years. Despite its popularity, as well as the perceived strategic advantages it bestows on entrant firms, little is known about the disruptive innovation capability of new-technology-based firms (NTBFs) in the South African...

This chapter is about radical innovation and disruptive technological change. Discovering the nature and mechanisms of disruptive technological change can help to understand the long-run dynamics of innovation and map profound transformation in socio-economic systems. The chapter considers four...

We utilize a new survey on Norwegian firms' digitalization and technology investments, linked to population-wide register data, to show that the pandemic massively disrupted the technology investment plans of firms, not only postponing investments, but also introducing new technologies. More...

So-called disruptive technologies, such as blockchain, the Internet of Things, artificial intelligence and machine learning, have the potential to transform border management and the conduct of international trade. This publication explores how these advanced technologies can be used to improve...

I study whether US public firms signaling blockchain technology in their conference calls can receive better ESG ratings from third party agencies. By using a self-created blockchain keywords dictionary, my empirical studies show blockchain firms including blockchain adoption firms as well as...

Despite the rise of investments in fintech, financial services in Africa remain inaccessible to a large segment of the population, particularly to vulnerable groups including women. However, with uniquely designed fintech products and suitable regulations, there is now a chance to provide...

Responding to continued calls for a “circumstance-contingent theory of incumbent response” (Christensen, et al, 2018), this paper develops a formal model of incumbent response to disruptive entry. After developing a typology of incumbent responses identified in prior work, the paper...

The outbreak of the COVID pandemic has exacerbated the rise of AI, robots and algorithms in the economy, which is expected to completely disrupt employment patterns. With the advancement of technologies, employment patterns will shift to a polarization between AI’s rationality and humanness....

Peer to peer (P2P) lending in Indonesia has been growing rapidly, therefore there is the potential for disruptive innovation processes in the financial sector. The aim of this study is to examine the impact of the growth of P2P lending on the growth of bank lending for micro, small and medium...

Blockchain is one of the primary digital technologies utilised in the finance industry with huge future potential. This study conducts a systematic literature review of a final sample of 407 prior literature from an initial set of 1979 records for the sample period of 2013–2020 with regard to...

Disruptive strategies have only been studied in stable environments. To overcome this limitation, this article aims to show through an in-depth study of the main actors in the yoghurt industry in Algeria that these strategies are possible in a dynamic environment. This research was carried out...

Purpose The purpose of this paper is to explore the different concepts of innovation in the subsistence marketplace from top-down and bottom-up approaches. This study analyzes the literature on the theme and identified research gaps by constructing a framework based on approaches and innovation...

The main objective of this study is to propose a theoretical model to understand the importance of disruption-in three of its dimensions, thinking, creativity, and innovation-developed and applied in the thinking and exercise of entrepreneurship and, at the same time, highlight the relationship...

The challenges of disruptive innovations have gained significant attention from both academics and practitioners, commercialization being one of the most critical phases. At the same time, however, it is the less studied area of disruptive innovation. Therefore, this article examined scholarly...

Disruptive innovations can solve major global challenges. However, the system in Germany does not sufficiently favor the development of such innovations. The disruptive output of leading nations like the United States puts increasing pressure on Germany’s innovation leadership. The German...

We identify novel technologies using textual analysis of patents, job postings, and earnings calls. Our approach enables us¬ to identify and document the diffusion of 29 disruptive technologies across firms and labor markets in the U.S. Five stylized facts emerge from our data. First, the...