By Gabriele Trinkfass
Our time is characterized via a common acceleration development. One side of this phenomenon is the regular decline of product innovation cycles which ends up in the ambiguity that many organisations make their very own items out of date inside of more and more shorter time classes. For a greater figuring out of this „innovation spiral“ Gabriele Trinkfass identifies the explanations why decision-makers in businesses are launching a emerging variety of new items inside of more and more shorter time periods. She additionally analyses strength brief- and long term outcomes of this behaviour. the next empirical research of the innovation spiral via complete case reports indicates its major relevance for hugely aggressive foreign markets.
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Additional resources for The Innovation Spiral: Launching New Products in Shorter Time Intervals
Which actions to take once this assessment has been completed forms part of a human being's procedural knowledge. This type of cognitive representation is laid down in the form of "if... then" propositions, that is, the cognitive representations of concepts or events are linked with people's cognitive representations of appropriate behaviour (Peter and Olson 1990). According to Peter and Olson, over a lifetime of experiences human beings learn many "if... then" propositions which - when activated from memory - act like rules that directly and automatically influence cognitive processes or overt behaviour.
A dominant logic is generated and changed by means of the reinforcements resulting from doing "the right things" with respect to a set of tasks (Prahalad and Bettis 1986). As a consequence, decision-makers will continue to launch more new products in shorter time intervals as long as they receive positive rewards for their behaviour. The actions of human beings, however, cannot always be simply explained as a simple stimulus-response function. Perceptions and actions are also influenced by paradigms.
In a way, this dominant logic can also be conceived as an information filter, a funnel, which focuses attention on data deemed relevant by the dominant logic and incorporates this information into the strategy, systems, values, expectations, and behaviour (Bettis and Prahalad 1995). In an earlier article, Prahalad and Bettis have identified four different streams of research which aim at explaining how dominant logic evolves (Prahalad and Bettis 1986). All four - operant conditioning, paradigms, cognitive biases, and artificial intelligence - provide potential explanations for the launch behaviour of decision unit members.