This paper examines whether and how established or incumbent firms and new entrants differ in their approach to innovation and innovation output. Analyzing three streams of theory we argue that established firms base their approach to innovation strategy on their resources, capabilities, technologies, and existing markets, while new entrants approach innovation from emerging customer needs and new markets. We also view that established companies are more likely to produce innovation related to new technology, products, and processes, while new entrants are more likely to perform marketing or business model innovations. Indepth qualitative interviews with CEOs and CEO-level officials in a sample of small software businesses in India produce results that support the conclusions from theory. These results have implications for industry and policy makers and open up avenues for further research.
With the advancement of various advanced technologies towards information access system using pervasive and ubiquitous computing, the field of Supply Chain Management (SCM) is yet not ready to adopt the latest technological system. The commercial usage of SCM is still limited to adoption of conventional Radio Frequency Tags and simple sensors with internal communication performed on internet system. However, the entry of cloud-computing has brought a significant revolution in the area of automation, which is expected to make the complete SCM process a ubiquitous one. There is a less focus on SCM process improvement in order to keep pace with faster changing dynamics of technologies, and this hypothesis is explored in proposed review work. This paper discusses recent studies being carried out in SCM, which proved that existing SCM system has many open-end limitations as well as significant research gap that is yet to be bridged in order to give SCM a shape of industry 4.0 standard
scite is a Brooklyn-based organization that helps researchers better discover and understand research articles through Smart Citations–citations that display the context of the citation and describe whether the article provides supporting or contrasting evidence. scite is used by students and researchers from around the world and is funded in part by the National Science Foundation and the National Institute on Drug Abuse of the National Institutes of Health.