Staying the distance – technological development and competition
by L. Georghiou, M. Gibbons, J.S. Metcalfe
International Journal of Technology Management (IJTM), Vol. 1, No. 3/4, 1986

Abstract: The performance of innovating firms after they have successfully brought a product to the market is examined. It is argued that products are rarely fully developed at this stage but mark the first step in a sequence of post-innovation improvements which occur during a process of interaction with users. Competition takes place between firms seeking to exploit the original trajectory or a competing solution. Competitive success lies in the ability to remain in the ''corridor'' of user requirements. The conceptual framework is used to analyse the results of 35 case studies of UK firms which won an award for innovation during the late 1960s. The origins of post-innovation improvements are explored and evidence of technological competition is analysed. Conclusions are drawn on requirements for sustained performance by a firm.

Online publication date: Wed, 27-May-2009

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