Not so similar after all: Exploring the diversity of strategic orientations for innovation

Denicolai, Stefano and Zucchella, Antonella and Moretti, Federico (2018) Not so similar after all: Exploring the diversity of strategic orientations for innovation. International Journal of Innovation Management, 22 (4). ISSN 1757-5877

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Innovation has gained growing attention in the strategic management field, and - as a strategic orientation - it has been predominantly considered as a homogenous class of differentiated strategic mindsets. This contribution aims at distinguishing different subtypologies of innovation strategies and validating their profiles and consistency. It explores approaches discussed in the mainstream literature as well as the possibility that other orientations could exist. A cluster analysis outlines four strategic orientations showing differences in terms of competitive drivers, value creation architectures, outsourcing and alliances policies, and managerial processes. Findings offer scholars and practitioners a better understanding of strategic alternatives in pursuing innovation through the identification of systems of consistency among managerial variables - e.g. configuration of the supply chain - thus fostering uniqueness and sustainability of the competitive advantage, and driving managers' decision. In particular, what really characterized the different innovation strategies here shown is the way they deal with the value chain structure, meaning a key part of the business model.

Item Type: Journal Article
Keywords: strategic orientation, innovation, knowledge-based view, firm value chain
Faculty: ARCHIVED Lord Ashcroft International Business School (until September 2018)
Depositing User: Prof Antonella Zucchella
Date Deposited: 03 Oct 2017 12:54
Last Modified: 09 Sep 2021 18:57

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