Technological discontinuities, outsiders and social capital: a case study from Formula 1

Smith, DJ

doi:10.1108/14601061211243666

Cited by 6 publications

(7 citation statements)

References 43 publications

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“…For 11 years (1966For 11 years ( -1977, there were no turbocharged engine entries, as it was believed by the incumbent teams the power could not be achieved with such a small engine. Innovation by a new entrant proved successful and now represents an excellent example of an early disruptive innovation in motorsport [45,46].…”

Section: The Turbocharging Gamblementioning

confidence: 99%

The Staged Competition Innovation Theory

Jensen

2021

Journal of Open Innovation: Technology, Market, and Complexity

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Innovation is critical to technological progress and has many theories to explain its processes. Organised competition has been shown empirically to provide an alternative pathway for innovation within an industry, increasing innovation rates and radicalness. This research introduces and develops the new staged competition innovation theory which builds on the well-understood diffusion of innovation theory and the Technology–Organisation–Environment framework to explain how decision-making and technological, organisational, and environmental characteristics of industry-based competition can drive innovation activity. The new theory comprises three principles that demonstrate how a well-designed staged competition provides: (1) a unique innovation mechanism away from parent industry constraints, (2) a unique agile environment that can increase innovation development, and (3) a return pathway for adoption back to the parent industry. Principle 2 addresses the specific competition environment criteria required to drive innovation, beginning with a co-dependency between organiser and teams in providing team confidence and a mutually beneficial outcome for both parties. Relative advantage drives teams to innovate by generating competitive pressure, while a variable solution space due to competition specific rules and competition brief clarity direct innovation efforts. Finally, competition repetition provides ongoing innovation transfer between teams within the competition and to the parent industry.

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Section: The Turbocharging Gamblementioning

confidence: 99%

The Staged Competition Innovation Theory

Jensen

2021

Journal of Open Innovation: Technology, Market, and Complexity

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“…Smith (2012) discusses responses in F1 to innovation and change, which he refers to as ‘technological discontinuities’. So-called ‘competence enhancing’ discontinuities involve technologies which build on existing techniques, know-how and an established knowledge base (Smith, 2012: 334). ‘Competence-destroying’ technological discontinuities, on the other hand, occur with the introduction of technologies that are so fundamentally different from existing ones that much of the accumulated expertise that has been built up over many years rapidly becomes obsolete (p. 334).…”

Section: The F1 ‘Technical Elite’mentioning

confidence: 99%

“…Barnard had a large and eclectic network of leading designers and team owners in F1, contacts in aeronautics and other motorsport industries, and other categories of racing that were technologically and geographically distant from F1. Able to draw on these contacts for knowledge, he thus gave his team, McLaren, a stark advantage over a rival, Lotus, who were also pursuing carbon fibre, but through methods borrowed directly from the existing aluminium chassis technology (Smith, 2012: 336, 346).…”

Section: The F1 ‘Technical Elite’mentioning

confidence: 99%

“…This accumulation of social capital engenders success. Smith (2012) discusses responses in F1 to innovation and change, which he refers to as 'technological discontinuities'. So called 'competence enhancing' discontinuities involve technologies which build on existing techniques, know-how and an established knowledge base (Smith 2012, 334).…”

Section: : the F1 'Technical Elite'mentioning

confidence: 99%

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A Social Analysis of an Elite Constellation: The Case of Formula 1

Nichols

Savage

2017

Theory, Culture & Society

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This article provides a detailed case study of F1 motor racing teams to better grasp the nature of contemporary elite formation. Drawing on an analysis of senior figures in F1 teams, and on a wider study of the industry, we argue that this affluent elite needs to be understood as part of a temporal ecology which deploys a technical habitus which has formed over a longue durée. In drawing out the significance of this approach, we extend analytical repertoires to focus on processes of accumulation. Building on the thinking of Bourdieu, Piketty and Kluge and Negt, we explore how this approach might have wider resonance in the resurgence of current analysis of the formation of ‘elite constellations’.

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“…(3) New markets arising from complementary technologies developed for existing niches(Singh and Prasad 2014) (4) Micro-niches created through agile manufacturing and e-commerce(Fauska et al 2014). (5) Technology users acting as niche innovators(Haefiger et al 2010;Chandra and Coviello 2010;Smith 2012).…”

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confidence: 99%

Is small really beautiful? A review of the concept of niches in innovation

Coles

Piterou

Sentić³

2017

Technology Analysis & Strategic Management

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Is small really beautiful? A review of the concept of niches in innovation This article reviews the concept of innovation niches through three categories: strategic niche management (SNM), specialised markets and niches formed as a technology declines. In the literature, innovation niches generate interest from both innovation and marketing perspectives. This review focuses predominately on the former from which the niche types have been adopted and analysed. Mostly, contributions since 1980 have been included, representing the period of academic interest in innovative small firms, while both temporal and locational filters were applied to the study. It is noted that SNM has been proposed as a means to protect potentially useful innovations from full market competition, while specialist niches supply technologies to few customers in more stable environments. Incumbent technologies at the stage of decline may also retreat to niches where they can still remain competitive. Finally, it is suggested that further research on innovation niches would extend our understanding of technology dynamics.

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Technological discontinuities, outsiders and social capital: a case study from Formula 1

Cited by 6 publications

References 43 publications

The Staged Competition Innovation Theory

The Staged Competition Innovation Theory

A Social Analysis of an Elite Constellation: The Case of Formula 1

Is small really beautiful? A review of the concept of niches in innovation

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