DocumentCode
137448
Title
Recreating something from everything: New product innovation through social construction of frugal resources
Author
Hsiao, R.L. ; Ou, S.H. ; Chen, He Henry
Author_Institution
Grad. Instn. of Technol., Innovation & Intellectual Property Manage., Nat. Cheng-Chi Univ., Taipei, Taiwan
fYear
2014
fDate
23-25 Sept. 2014
Firstpage
248
Lastpage
255
Abstract
This article examines an entrepreneur´s creative reconstruction of resources in the face of disadvantages. Our case study identifies improvising behaviors that avert various constraints in order to achieve innovation. The entrepreneur creates novel solutions by constructing a diverse range of available resources at hand. Specifically, the findings explain three types of resource construction: resource transformation, resource leveraging and resource exchange. Theoretically, this study speaks to innovation and entrepreneurship literature, offering insights into how social construction of resources may provide new forms of bricolage. Practically, this paper examines how adversities could be turned into opportunities by means of reframing seemingly worthless resources.
Keywords
innovation management; product development; risk management; social sciences; entrepreneur creative resource reconstruction; frugal resources; new product innovation; resource exchange; resource leveraging; resource transformation; social resource construction; Communities; Companies; Computers; Games; Media; Mice; Technological innovation; bricolage; case study; constraints; creative responses; improvising behaviors; social construction;
fLanguage
English
Publisher
ieee
Conference_Titel
Management of Innovation and Technology (ICMIT), 2014 IEEE International Conference on
Conference_Location
Singapore
Type
conf
DOI
10.1109/ICMIT.2014.6942433
Filename
6942433
Link To Document