Commercialization of disruptive innovations: Literature review and proposal for a process framework

Cubero, Javier Nieto; Gbadegeshin, Saheed A.; Consolación, Carolina

doi:10.1016/j.ijis.2021.07.001

Cited by 15 publications

(2 citation statements)

References 74 publications

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“…Disruptive innovation frameworks have recently gained popularity [21], and their acceptance within academic circles is growing [22,23]. Disruptive innovation frameworks have been recognized for their ability to improve entrepreneurial outcomes in contexts with balanced market dynamics, particularly among tech entrepreneurs [15,22,24,25].…”

Section: Disruptive Innovationmentioning

confidence: 99%

The Disruptive Innovation and Entrepreneurship Education: The Literature Review and Current Practices

Indiran,

Fu,

Wiyata

et al. 2024

KSS

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Entrepreneurship education is changing dramatically due to rapid technological advancements and transformative business models. This study investigates the interactions and implications of existing frameworks and practices that link disruptive innovation with entrepreneurship education. The research employs a comprehensive literature review from 2019 to 2023, to synthesize detailed analyses for investigating the interplay of these concepts. Entrepreneurship education fosters the ability to recognize and capitalize on innovative opportunities, whereas disruptive innovation emphasizes value creation through norm-breaking when aligned with entrepreneurial principles. Effective entrepreneurship education can drive new businesses and revitalize existing ones by enabling individuals to capitalize on disruptive breakthroughs. However, incorporating disruptive innovation into courses is challenging. Traditional education may fail to capture the dynamic nature of disruptive innovation, and risk-averse academic environments may stifle experimentation. Innovative teaching methods that balance basic business concepts with disruptive thinking are essential. Finally, a new generation of entrepreneurs can be developed by combining disruptive innovation and entrepreneurship education. Individuals can capitalize on opportunities for economic growth by infusing programmers with disruptive principles. The study identifies five key components of convergence: (i) technology-enabled virtual learning environments (VLEs), (ii) online distance learning (ODL), (iii) digitalization in entrepreneurship education, (iv) competency-based education (CBE) that fosters Business Model Innovation, and (v) experience-based learning in entrepreneurial education. This paper examines the role of disruptive innovation in entrepreneurial education, proposing research directions and highlighting unresolved areas for investigation. Keywords: business model, disruptive innovation, entrepreneurship education, technology, online distance learning

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Section: Disruptive Innovationmentioning

confidence: 99%

The Disruptive Innovation and Entrepreneurship Education: The Literature Review and Current Practices

Indiran,

Fu,

Wiyata

et al. 2024

KSS

View full text Add to dashboard Cite

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“…The typical commercialization process includes the following steps: concept, design, prototype design, data analysis and validation, approval, and commercialization. Research and commercial manufacturing follow identical procedures until the approval stage (PELLIKKA and MALINEN, 2014;Datta et al, 2015;Nieto Cubero et al, 2021;Rambaran and Schirhagl, 2022a).…”

Section: Lab To Industry Pathwaymentioning

confidence: 99%

Commercial roadmap of nanobiosensor development

Ulucan-Karnak,

Kuru,

Akgöl

2024

Front. Nanotechnol.

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A nanobiosensor is a tool that converts a biological stimulus into an electrical output via nanosized transducer elements. Nanobiosensors are promising instruments, especially in biomedical applications in the literature and industry. To develop a nanobiosensor from idea to product, a life-cycle approach that comprises various processes ranging from conception through commercialization is required. Developers and potential investors should examine market requirements, design possibilities, feasibility, financial return, and risk assessments when developing a nanobiosensor development concept. It is critical to establish a well-defined regulatory pathway for bringing innovation to market at a low cost and in a short period. R&D should conduct thorough examinations of nanomaterial toxicity and health effects, involving marketing, advertising, and financial analysis. Stakeholders should discuss technology transfer office protocols for faster, healthier operations.

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