Abstract
A recent book by Clayton M. Christensen, Associate Professor of Business at Harvard University, discusses the sometimes devastating impact in the corporate environment of what he refers to as "disruptive technologies." Successful, well-managed firms that dominate their markets have sometimes gone into a sharp decline or even collapsed when a new technology disrupts the pattern of their market segment. Other firms, however, have handled such transitions smoothly, maintaining their position of dominance in the market by employing specific techniques to integrate the new and disruptive technology into their operations.Traditional research universities enjoy a dominant position in the higher education "market," but they are beginning to feel the impact of disruptive technologies such as distance education. They may benefit not only from an examination of the insights that Christensen has derived from his study of the impact of disruptive technologies in the corporate environment but also from a selective application of the techniques for coping with disruptive technologies that Christensen has found to be effective in the business world. Some of these techniques imply an important role for continuing education units as semi-autonomous incubators of disruptive innovation.
Keywords
Affiliated Institutions
Related Publications
Technological Opportunity and Spillovers of R&D: Evidence from Firms' Patents, Profits and Market Value
This paper presents evidence that firms' patents, profits and market value are systematically related to the "technological position' of firms' research programs.Further, firms ...
Environment, Market Share, and Market Power
In this paper we develop a process model relating market share to firm profits. In particular, we specify average price and average cost equations as a function of previous year...
When Does Market Share Matter? New Empirical Generalizations from a Meta-Analysis of the Market Share–Performance Relationship
The impact of market share on financial firm performance is one of the most widely studied relationships in marketing strategy research. However, since the meta-analysis by Szym...
Corporate Social Responsibility and Firm Financial Performance
Using Fortune magazine's ratings of corporate reputations, we analyzed the relationships between perceptions of firms’ corporate social responsibility and measures of their fina...
The Impact of Merger-Related Regulations on the Shareholders of Acquiring Firms
In this paper we examine the economic impact of a group of mergerrelated regulatory changes in the securities laws, the tax code, disclosure rules, and accounting principles whi...
Publication Info
- Year
- 1999
- Type
- article
- Volume
- 25
- Issue
- 1
- Citations
- 77
- Access
- Closed
External Links
Social Impact
Social media, news, blog, policy document mentions
Citation Metrics
Cite This
Identifiers
- DOI
- 10.21225/d5z015