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Three essays on entrepreneurship and innovation: the role of late adopters

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Summary:This dissertation presents novel topics in entrepreneurship and innovation. In today’ markets, companies, especially those competing in red oceans, should look for new opportunities to remain competitive. To explore such opportunities, they need to come up with breakthrough ideas, which provide them with new market spaces and allow them to surpass competitors. One way of creating blue oceans is to explore what the competitors are ignoring. One rich source of novel ideas, which has been ignored by both researchers and practitioners, is late adopters. Late adopters are the last group of users who adopt a new product, service or technology. In this thesis, we explore this category of users and examine their potential as a source of innovative ideas and entrepreneurial opportunities. Chapter 1 of this thesis provides a brief introduction to the topics of entrepreneurship and diffusion of innovation. In chapter 2, we conduct an exploratory study in the entrepreneurial eco system of Cambridge. We aim at understanding the choices entrepreneurs make while making decisions, such as listening to early vs late adopters. In the third chapter, we present a measurement scale to access characteristics of late adopters, which facilitates the process of identifying them. Once we identify them, we need a customized new product development method to involve this category of users in idea generation. In chapter 4, we present the Lag-User Method. Through this method, we can benefit from the insights of late adopters. Among others, our studies reveal that late adopters can be among any demographic or social group. Their needs are different from those of other user categories. We find that unlike lead-user, late adopters do not create prototypes and need coaching to come up with incremental, really new or radical innovations. Insights from late adopters and laggards can help firms explore weaknesses of their products/services and target common needs across different markets, (e.g. the need for sophisticated technology that is simple to use). This will enable firms to cut costs and benefit from economies of scale while satisfying local needs and thereby increase their performance.
Main Authors:Jahanmir, Sara
Subject:Entrepreneurship Paradox Diffusion of Innovations Late Adoption New Product and Service Development
Year:2016
Country:Portugal
Document type:doctoral thesis
Access type:open access
Associated institution:Universidade Nova de Lisboa
Language:English
Origin:Repositório Institucional da UNL
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author Jahanmir, Sara
author_facet Jahanmir, Sara
author_role author
contributor_name_str_mv Lages, Luís Filipe
RUN
country_str PT
creators_json_txt [{\"Person.name\":\"Jahanmir, Sara\"}]
datacite.contributors.contributor.contributorName.fl_str_mv Lages, Luís Filipe
RUN
datacite.creators.creator.creatorName.fl_str_mv Jahanmir, Sara
datacite.date.Accepted.fl_str_mv 2016-12-01T00:00:00Z
datacite.date.available.fl_str_mv 2016-12-20T18:30:43Z
datacite.date.embargoed.fl_str_mv 2016-12-20T18:30:43Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_abf2
datacite.subjects.subject.fl_str_mv Entrepreneurship
Paradox
Diffusion of Innovations
Late Adoption
New Product and Service Development
datacite.titles.title.fl_str_mv Three essays on entrepreneurship and innovation: the role of late adopters
dc.contributor.none.fl_str_mv Lages, Luís Filipe
RUN
dc.creator.none.fl_str_mv Jahanmir, Sara
dc.date.Accepted.fl_str_mv 2016-12-01T00:00:00Z
dc.date.available.fl_str_mv 2016-12-20T18:30:43Z
dc.date.embargoed.fl_str_mv 2016-12-20T18:30:43Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://hdl.handle.net/10362/19652
dc.language.none.fl_str_mv eng
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.subject.none.fl_str_mv Entrepreneurship
Paradox
Diffusion of Innovations
Late Adoption
New Product and Service Development
dc.title.fl_str_mv Three essays on entrepreneurship and innovation: the role of late adopters
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_db06
description This dissertation presents novel topics in entrepreneurship and innovation. In today’ markets, companies, especially those competing in red oceans, should look for new opportunities to remain competitive. To explore such opportunities, they need to come up with breakthrough ideas, which provide them with new market spaces and allow them to surpass competitors. One way of creating blue oceans is to explore what the competitors are ignoring. One rich source of novel ideas, which has been ignored by both researchers and practitioners, is late adopters. Late adopters are the last group of users who adopt a new product, service or technology. In this thesis, we explore this category of users and examine their potential as a source of innovative ideas and entrepreneurial opportunities. Chapter 1 of this thesis provides a brief introduction to the topics of entrepreneurship and diffusion of innovation. In chapter 2, we conduct an exploratory study in the entrepreneurial eco system of Cambridge. We aim at understanding the choices entrepreneurs make while making decisions, such as listening to early vs late adopters. In the third chapter, we present a measurement scale to access characteristics of late adopters, which facilitates the process of identifying them. Once we identify them, we need a customized new product development method to involve this category of users in idea generation. In chapter 4, we present the Lag-User Method. Through this method, we can benefit from the insights of late adopters. Among others, our studies reveal that late adopters can be among any demographic or social group. Their needs are different from those of other user categories. We find that unlike lead-user, late adopters do not create prototypes and need coaching to come up with incremental, really new or radical innovations. Insights from late adopters and laggards can help firms explore weaknesses of their products/services and target common needs across different markets, (e.g. the need for sophisticated technology that is simple to use). This will enable firms to cut costs and benefit from economies of scale while satisfying local needs and thereby increase their performance.
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spelling engpt_PTThis dissertation presents novel topics in entrepreneurship and innovation. In today’ markets, companies, especially those competing in red oceans, should look for new opportunities to remain competitive. To explore such opportunities, they need to come up with breakthrough ideas, which provide them with new market spaces and allow them to surpass competitors. One way of creating blue oceans is to explore what the competitors are ignoring. One rich source of novel ideas, which has been ignored by both researchers and practitioners, is late adopters. Late adopters are the last group of users who adopt a new product, service or technology. In this thesis, we explore this category of users and examine their potential as a source of innovative ideas and entrepreneurial opportunities. Chapter 1 of this thesis provides a brief introduction to the topics of entrepreneurship and diffusion of innovation. In chapter 2, we conduct an exploratory study in the entrepreneurial eco system of Cambridge. We aim at understanding the choices entrepreneurs make while making decisions, such as listening to early vs late adopters. In the third chapter, we present a measurement scale to access characteristics of late adopters, which facilitates the process of identifying them. Once we identify them, we need a customized new product development method to involve this category of users in idea generation. In chapter 4, we present the Lag-User Method. Through this method, we can benefit from the insights of late adopters. Among others, our studies reveal that late adopters can be among any demographic or social group. Their needs are different from those of other user categories. We find that unlike lead-user, late adopters do not create prototypes and need coaching to come up with incremental, really new or radical innovations. Insights from late adopters and laggards can help firms explore weaknesses of their products/services and target common needs across different markets, (e.g. the need for sophisticated technology that is simple to use). This will enable firms to cut costs and benefit from economies of scale while satisfying local needs and thereby increase their performance.application/pdfpt_PTThree essays on entrepreneurship and innovation: the role of late adoptersJahanmir, SaraLages, Luís FilipeHostingInstitutionOrganizationalRUNe-mailmailto:run@unl.ptrun@unl.ptURNurn:tid:1014386992016-12-20T18:30:43Z2016-122016-12-01T00:00:00ZHandlehttp://hdl.handle.net/10362/19652http://purl.org/coar/access_right/c_abf2open accessEntrepreneurshipParadoxDiffusion of InnovationsLate AdoptionNew Product and Service Development1216963 bytesliteraturehttp://purl.org/coar/resource_type/c_db06doctoral thesishttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://run.unl.pt/bitstreams/e75ae500-87b6-4407-96bc-ee85c7a86491/download
spellingShingle Three essays on entrepreneurship and innovation: the role of late adopters
Jahanmir, Sara
Entrepreneurship
Paradox
Diffusion of Innovations
Late Adoption
New Product and Service Development
status SINGLETON
subject.fl_str_mv Entrepreneurship
Paradox
Diffusion of Innovations
Late Adoption
New Product and Service Development
title Three essays on entrepreneurship and innovation: the role of late adopters
title_full Three essays on entrepreneurship and innovation: the role of late adopters
title_fullStr Three essays on entrepreneurship and innovation: the role of late adopters
title_full_unstemmed Three essays on entrepreneurship and innovation: the role of late adopters
title_short Three essays on entrepreneurship and innovation: the role of late adopters
title_sort Three essays on entrepreneurship and innovation: the role of late adopters
topic Entrepreneurship
Paradox
Diffusion of Innovations
Late Adoption
New Product and Service Development
topic_facet Entrepreneurship
Paradox
Diffusion of Innovations
Late Adoption
New Product and Service Development
url http://hdl.handle.net/10362/19652
visible 1