Radical and Incremental Innovation Preferences in Information Technology: An Empirical Study in an Emerging Economy

Authors

  • Tarun K. Sen Virginia Tech university
  • Parviz Ghandforoush Virginia Tech University

DOI:

https://doi.org/10.4067/S0718-27242011000400003

Keywords:

Information Technology, Innovation, Emerging Economies, Globalization

Abstract

Radical and Incremental Innovation Preferences in Information Technology: An Empirical Study in an Emerging Economy Abstract Innovation in information technology is a primary driver for growth in developed economies. Research indicates that countries go through three stages in the adoption of innovation strategies: buying innovation through global trade, incremental innovation from other countries by enhancing efficiency, and, at the most developed stage, radically innovating independently for competitive advantage. The first two stages of innovation maturity depend more on cross-border trade than the third stage. In this paper, we find that IT professionals in in an emerging economy such as India believe in radical innovation over incremental innovation (adaptation) as a growth strategy, even though competitive advantage may rest in adaptation. The results of the study report the preference for innovation strategies among IT professionals in India and its implications for other rapidly growing emerging economies.

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Author Biographies

Tarun K. Sen, Virginia Tech university

Tarun Sen is professor of Management Information Systems at Virginia Tech. He has published extensively in reputed journals that include Management Science, INFORMS journal on Computing, Decision Support Systems, OMEGA, Strategic Finance, IEEE Transactions on Systems Man and Cybernatics, and others. He has a B. Tech in Mechcanical Engineering from IIT Kanpur, MBA from IIM Bangalore, and a PhD in MIS from the University of Iowa. His reserarch interests lie in the interface between IT innovation and global business, and decision support systems.

Parviz Ghandforoush, Virginia Tech University

Parviz Ghandforoush is Professor of Business Information Technology at Virginia Polytechnic Institute and State University (Virginia Tech). He received the Ph.D. in Management Science at Texas Tech University, MBA at the University of Texas in Austin, and B.S. Electrical Engineering at the University of Texas in Austin. Dr. Ghandforoush has over 25 years of research, teaching, administrative, and professional experience in information technology and management science and is the co-author of the textbook Management Science for Decision Makers. He has published in refereed academic and professional publications in the areas of decision and optimization models, decision support systems in complex environments, sequencing and scheduling, staffing models, and simulation of organizational operations. His research has appeared in such journals as, Computers & Operations Research, Journal on Computing, Decision Support Systems, Journal of Systems Management, International Journal of Production Research, International Journal of Industrial Engineering Transactions, European Journal of Operations Research, The International Journal of Management Science, Naval Research Logistics, Journal of the Operational Research Society, Computers & Information Sciences, Computers & Industrial Engineering, and others. He has extensive involvement in professional development, consulting and research activities in areas of executive decision models, efficiency models and optimization, strategic implications of information technology, decision support systems, and electronic commerce. Parviz Ghandforoush is the Managing Director of the Master of Information Technology Program and Director of MBA Program at Virginia Tech.

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Published

2011-11-24

How to Cite

Sen, T. K., & Ghandforoush, P. (2011). Radical and Incremental Innovation Preferences in Information Technology: An Empirical Study in an Emerging Economy. Journal of Technology Management & Innovation, 6(4), 33–44. https://doi.org/10.4067/S0718-27242011000400003

Issue

Vol. 6 No. 4 (2011)

Section

Research Articles

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Copyright (c) 2011 Journal of Technology Management & Innovation

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This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

 

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