Relational resources and competences for radical product innovation

V. Story, S. Hart, L. O'Malley

Research output: Contribution to journalArticle

44 Citations (Scopus)

Abstract

Peter Drucker in 1954 said that there are two distinguishing features of the business: marketing and innovation. In the very first edition of the Journal of Marketing Management, Keith Blois examined the influence of customers and competitors in the new product development process, concluding that the widely referenced process models were insufficient for capturing external inputs central to the progress from the generation of ideas to eventual market launch and growth. In the intervening period numerous authors have published research on "product innovation" with the alternative conceptualisations process centre stage. Much of this research, however, is rooted in theories intrinsically concerned with incremental product development and most of that relating to physical consumer goods. More recently, some product innovation research has turned to the specific issue of radical innovation, concluding again that the traditional "stage" models are a necessary but insufficient conceptual framework for analysis. At the same time, the conceptual foundations of marketing have been strengthened by the discussion of the role of interaction, markets and networks. This paper is located where these trends in marketing and innovation research intersect by examining the marketing competences required for radical product innovation.
LanguageEnglish
Pages461-481
Number of pages21
JournalJournal of Marketing Management
Volume25
Issue number5-6
DOIs
Publication statusPublished - Jul 2009

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Product innovation
Resources
Marketing
Conceptualization
Radical innovation
Innovation
New product development process
Market interaction
Incremental
Business innovation
Business marketing
Process model
Stage model
Marketing management
Competitors
Conceptual framework
Product development

Keywords

  • Radical innovation
  • competencies
  • relationships

Cite this

Story, V. ; Hart, S. ; O'Malley, L. / Relational resources and competences for radical product innovation. In: Journal of Marketing Management. 2009 ; Vol. 25, No. 5-6. pp. 461-481.
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Relational resources and competences for radical product innovation. / Story, V.; Hart, S.; O'Malley, L.

In: Journal of Marketing Management, Vol. 25, No. 5-6, 07.2009, p. 461-481.

Research output: Contribution to journalArticle

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