Source:
Proceedings of the 44th Atlantic Schools of Business conference, Mount Saint Vincent University, 2014, pp 69-87
Abstract:
Innovation taxonomies help us understand firms’ technological trajectories. We used website material to classify 117 ocean technology firms into 6 innovation patterns from the Castellacci (2008) taxonomy. This revealed 3 boundary conditions: hybrid firms with emergent innovation strategies and symbiotic linkages defy classification. We discuss approaches to resolve each limitation.