Strategic innovation dynamically brings about strategic positioning through new products, services and business models. Through detailed reviews of existing dynamic capabilities and in-depth case studies, this book presents a theoretical model of a strategic innovation system to enable a large company to maintain its competitiveness and establish sustainable growth. Companies studied include Apple, Sony, Cisco, Fujifilm and SoftBank.
Large corporations have to be innovators that can reinforce their positions through incremental innovation, while constantly renewing or destroying existing business through radical innovation. To achieve this, Mitsuru Kodama presents the concept of “capabilities congruence” - a business factor in large corporations that brings about sustainable growth over the long term by achieving strategic innovation as the corporation enacts dynamic capabilities and strategic innovation capabilities.
Sustainable Growth Through Strategic Innovation offers fresh insights to academics, researchers and students in business and management. It is also intended to provide practical guidance to leaders and managers in the broader business environment.
‘This book examines dynamic capabilities from both theoretical and empirical perspectives and elaborates the practical application of the theory while retaining academic rigor at the same time. Professor Mitsuru Kodama does not just reside in business academia but practices business himself in the high-tech field. His original approach to the theorization of strategic innovation is highlighted in his new, thought-provoking framework. This book is full of practical and theoretical insights not only for students of management theory and practitioners but also researchers and scholars.’
– Ikujiro Nonaka, Hitotsubashi University, Japan
Mitsuru Kodama, Professor of Innovation and Technology Management, College of Commerce and Graduate School of Business Administration, Nihon University at Tokyo, Japan.