Technological innovation and firm development: the case of Infovalley digital autopsy system commercialisation

Current research emphasises the importance of the successful commercialisation of technology in the development of small firms and the need to address unique contextual dimensions when examining the concept of commercialisation. Guided by product and venture development lifecycle models as well as a...

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Main Authors: Adham, Khairul Akmaliah, Said, Mohd Fuaad
Format: Article
Language:English
Published: Asian Academy of Management and Penerbit Universiti Sains Malaysia 2008
Online Access:http://psasir.upm.edu.my/id/eprint/15040/
http://psasir.upm.edu.my/id/eprint/15040/1/Technological%20innovation%20and%20firm%20development%20the%20case%20of%20Infovalley%20digital%20autopsy%20system%20commercialisation.pdf
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author Adham, Khairul Akmaliah
Said, Mohd Fuaad
author_facet Adham, Khairul Akmaliah
Said, Mohd Fuaad
author_sort Adham, Khairul Akmaliah
building UPM Institutional Repository
collection Online Access
description Current research emphasises the importance of the successful commercialisation of technology in the development of small firms and the need to address unique contextual dimensions when examining the concept of commercialisation. Guided by product and venture development lifecycle models as well as a structuration perspective, this case study examines how an entrepreneurial venture called Infovalley Life Sciences develops and commercialises the firm's digital human autopsy system despite the fact that the firm operates within an underdeveloped innovation system context. In-depth interviews were conducted with key individuals involved in the innovation and venture development processes. Analysis indicates that the entrepreneur and his or her team co-evolve with their business contexts in creating a favourable environment for themselves. This process requires the entrepreneur to integrate his or her broad knowledge of technology applications and the market with his or her team's highly specialised knowledge in the core technology domain; this process results in a successful product launch. This leads to the creation of internal core capability, which supports the commercialisation of new products and thereby contributes to the firm's development and growth. This link between structuration and resource-based perspectives of entrepreneurship augments the conceptualisation of entrepreneurship, technological innovation and firm's development.
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spelling upm-150402019-05-08T07:54:23Z http://psasir.upm.edu.my/id/eprint/15040/ Technological innovation and firm development: the case of Infovalley digital autopsy system commercialisation Adham, Khairul Akmaliah Said, Mohd Fuaad Current research emphasises the importance of the successful commercialisation of technology in the development of small firms and the need to address unique contextual dimensions when examining the concept of commercialisation. Guided by product and venture development lifecycle models as well as a structuration perspective, this case study examines how an entrepreneurial venture called Infovalley Life Sciences develops and commercialises the firm's digital human autopsy system despite the fact that the firm operates within an underdeveloped innovation system context. In-depth interviews were conducted with key individuals involved in the innovation and venture development processes. Analysis indicates that the entrepreneur and his or her team co-evolve with their business contexts in creating a favourable environment for themselves. This process requires the entrepreneur to integrate his or her broad knowledge of technology applications and the market with his or her team's highly specialised knowledge in the core technology domain; this process results in a successful product launch. This leads to the creation of internal core capability, which supports the commercialisation of new products and thereby contributes to the firm's development and growth. This link between structuration and resource-based perspectives of entrepreneurship augments the conceptualisation of entrepreneurship, technological innovation and firm's development. Asian Academy of Management and Penerbit Universiti Sains Malaysia 2008 Article PeerReviewed text en http://psasir.upm.edu.my/id/eprint/15040/1/Technological%20innovation%20and%20firm%20development%20the%20case%20of%20Infovalley%20digital%20autopsy%20system%20commercialisation.pdf Adham, Khairul Akmaliah and Said, Mohd Fuaad (2008) Technological innovation and firm development: the case of Infovalley digital autopsy system commercialisation. Asian Academy of Management Journal, 13 (2). pp. 79-109. ISSN 1394-2603; ESSN: 2180-4184 http://web.usm.my/aamj/13-2-2008.html
spellingShingle Adham, Khairul Akmaliah
Said, Mohd Fuaad
Technological innovation and firm development: the case of Infovalley digital autopsy system commercialisation
title Technological innovation and firm development: the case of Infovalley digital autopsy system commercialisation
title_full Technological innovation and firm development: the case of Infovalley digital autopsy system commercialisation
title_fullStr Technological innovation and firm development: the case of Infovalley digital autopsy system commercialisation
title_full_unstemmed Technological innovation and firm development: the case of Infovalley digital autopsy system commercialisation
title_short Technological innovation and firm development: the case of Infovalley digital autopsy system commercialisation
title_sort technological innovation and firm development: the case of infovalley digital autopsy system commercialisation
url http://psasir.upm.edu.my/id/eprint/15040/
http://psasir.upm.edu.my/id/eprint/15040/
http://psasir.upm.edu.my/id/eprint/15040/1/Technological%20innovation%20and%20firm%20development%20the%20case%20of%20Infovalley%20digital%20autopsy%20system%20commercialisation.pdf