• 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