Disruptive innovation, business models, and encroachment strategies: Buyer's perspective on electric and hybrid vehicle technology

Benzidia, Smaïl; Luca, Ruxandra Monica; Boiko, Sergiy

doi:10.1016/j.techfore.2020.120520

Cited by 34 publications

(9 citation statements)

References 85 publications

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“…Many researchers have focused on the business and incentive models that will increase the rate of EV adoption in the community. Benzidia et al focused on the buyer's perspectives that impact the adoption of hybrid and battery electric vehicles [16]. Jones et al studied the impact of EVs on the transport strategies of rural businesses that look for vehicle electrification [17].…”

Section: Introductionmentioning

confidence: 99%

Social and Technological Impact of Businesses Surrounding Electric Vehicles

Vidhi

Shrivastava

Parikh³

2021

Clean Technol.

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Electric vehicle (EV) penetration has been increasing globally and is expected to continue its exponential growth over the coming decades. Several countries have already announced plans to achieve total or partial electrification of their vehicle fleets. Such rapid transportation electrification will have a significant impact on society and businesses that support the transportation industry. Additionally, new business opportunities will be available to support this technological evolution. In this paper, the business opportunities emerging from EVs and their supporting infrastructure are reviewed. It has been observed that several businesses, such as sustainable mining and manufacturing, will need to be developed before EV growth as they provide the initial platform required for EV adoption. Other businesses such as fleet optimization, battery management, and recycling can be developed at a later stage. All of these businesses will also have social and technological impacts, which will drive policy decisions. Regional governments play a critical role in ensuring the smooth execution of a transition to transportation electrification through social programs, such as training and education for equitable growth, and legislative decisions, such as technology standardization.

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Section: Introductionmentioning

confidence: 99%

Social and Technological Impact of Businesses Surrounding Electric Vehicles

Vidhi

Shrivastava

Parikh³

2021

Clean Technol.

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“…Therefore, contrary to traditional innovations, disruptive innovation offers a different value proposition than the existing products and allows firms to expand their customer base by adding new customers or encouraging current ones to consume (Benzidia et al, 2021; Christensen, 2006), including the segment that is overlooked by incumbents or not previously attempted to serve (Sadiq et al, 2022).…”

Section: Discussionmentioning

confidence: 99%

What Cultivates a Path of Disruptive Innovation within Semiconductor Latecomers? An Exploratory Case Study of HiSilicon

Qing

Chun

Xiong

2022

Science, Technology and Society

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Disruptive innovation is an effective way for market latecomers to draw a level with earlier developers. Yet, little is known about how a path of disruptive innovation for semiconductor latecomers can be cultivated. We aim to fill this gap in knowledge with the help of the experience of China’s local fabless semiconductor firm, HiSilicon, by using a single case qualitative method for vertical research. The results show that the ‘five-steps-in-one’ S-M-A-R-T framework is an effective path for semiconductor latecomers to cultivate disruptive innovation of the dynamic process. It can help existing semiconductor latecomers to break through their lagging dilemma. Among them, strategic direction (S) is a guideline, market identification (M) is a prerequisite, ability building (A) is a foundation, R&D for independent technology (R) is a key, and timing of market entry (T) is a safeguard. Our case study ‘HiSilicon’ happened to be in this situation; it took 15 years to counterattack from a niche market to the mainstream market, and finally accomplished disruptive innovation. Our findings contribute to enriching and expanding the guidance for semiconductor latecomers in different countries by identifying how to foster their disruptive innovation to catch up successfully.

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“…The existing studies have highlighted the crucial role of business model for disruptive innovation ( Benzidia et al, 2021 ) and considered business model innovation as the important path or part of disruptive innovation ( Cozzolino et al, 2018 ; Alberti-Alhtaybat et al, 2019 ). Furthermore, related research has explored the disruptive business model design framework ( Sundström et al, 2020 ) or considered the combination with the emerging context such as sharing economy ( Si et al, 2021 ).…”

Section: Literature Reviewmentioning

confidence: 99%

Start-Up’s Road to Disruptive Innovation in the Digital Era: The Interplay Between Dynamic Capabilities and Business Model Innovation

Zhang

Feng²,

Wang³

et al. 2022

Front. Psychol.

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The emergence and infusion of digital technologies bring greater chances for start-ups to conduct disruptive innovation through digital entrepreneurship. Despite the existed business practices, the happening mechanism of start-up’s disruptive innovation in the digital economy context remains unclear. This study aims to understand the evolutionary mechanism and fulfillment path start-ups’ disruptive innovation in the digital era. The longitudinal case study is conducted for a Chinese Internet start-up that successfully launched disruptive innovation under the digital economy background. Adopting a process perspective, this study analyzes the evolutionary phases of digital disruptive innovation. Moreover, this study identifies the digital technologies adoption, dynamic capabilities deployment, and business model innovation as the key pillars, and their interactions. Finally, this study induces and proposes its evolution mechanism and fulfillment path models. This study enriches the research scope of disruptive innovation and digital entrepreneurship. This study can offer theoretical guidance for the start-ups’ disruptive innovation in the digital era, and practical implications for implementing a digital catching-up strategy.

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Disruptive innovation, business models, and encroachment strategies: Buyer's perspective on electric and hybrid vehicle technology

Cited by 34 publications

References 85 publications

Social and Technological Impact of Businesses Surrounding Electric Vehicles

Social and Technological Impact of Businesses Surrounding Electric Vehicles

What Cultivates a Path of Disruptive Innovation within Semiconductor Latecomers? An Exploratory Case Study of HiSilicon

Start-Up’s Road to Disruptive Innovation in the Digital Era: The Interplay Between Dynamic Capabilities and Business Model Innovation

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