Inter-industry innovations in terms of electric mobility: should firms take a look outside their industry?

von Delft, S. (2013) Inter-industry innovations in terms of electric mobility: should firms take a look outside their industry? Journal of Business Chemistry, 10(2), pp. 67-84.

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Publisher's URL: http://www.businesschemistry.org/issue/&issue=91/

Abstract

The beginning electrification of the automotive powertrain is supposed to have a major impact on the automobile value chain - reshaping it significantly and bringing up new alliances, business models and knowledge bases. Such a transformation of the value chain might fade boundaries between hitherto distinct knowledge bases, technologies, or industries. Over the past decades, the blurring of industry boundaries – the phenomenon of industry convergence – has gained attention from researchers and practitioners. The anticipation of a convergence process plays an important role for strategic and innovation management decisions, e.g. for new business development, mergers and acquisitions or strategic partnerships. However, despite the relevance of convergence, it is often challenging for incumbent firms to (1) foresee such a transformation of their environment, and (2) respond strategically to it. Hence, this study presents a tool to anticipate convergence and strategic implications are discussed.

Item Type:Articles
Status:Published
Refereed:Yes
Glasgow Author(s) Enlighten ID:Von Delft, Professor Stephan
Authors: von Delft, S.
Subjects:H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
Q Science > QD Chemistry
College/School:College of Social Sciences > Adam Smith Business School > Management
Journal Name:Journal of Business Chemistry
Publisher:Westfaelische Wilhelms-University, Department of Chemistry and Pharmacy, Institute of Business Administration
ISSN:1613-9615
ISSN (Online):1613-9623

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