The Incumbent’s Dilemma: To fight, follow or flee the attacking innovation?

 

MIT SDM Systems Thinking Webinar SeriesDr. Chintan Vaishnav

Dr. Chintan Vaishnav, Postdoctoral Researcher at MITSergey Naumov
and Sergey Naumov, SDM ’11

Date: September 17, 2012

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About the Presentation

Why do some new technologies become dominant while others fail or coexist with the old? We explore this question by first developing model-driven theory using a comprehensive system dynamics model of technology and industry disruption. Our research uncovers firm-, product-, and environment-level drivers responsible for the success or failure of a new technology and a firm. We then use appropriate case studies to show why in some situations incumbents retain market share, while in others new entrants drive them out.

About the Speakers

Dr. Chintan Vaishnav
Chintan Vaishnav is a postdoctoral researcher across MIT’s Sloan School of Management, Computer Science and Artificial Intelligence Laboratory (CSAIL), and Department of Political Science. His research and action broadly focuses on two existing challenges: understanding the implications of rapidly changing technology for public policy and managerial decisions; and utilizing technology to effectively solve the problems stemming from gross socio-economic inequities. Chintan holds a PhD in Technology, Management and Policy from MIT’s Engineering Systems Division, and has several years of engineering research experience at the Bell Labs.

Sergey Naumov
Sergey Naumov is a System Design and Management Fellow. His current research focuses on understanding dynamics of the diffusion of innovations in rapidly changing environment of customer preferences. Sergey received an MS in Mechanical Engineering, cum laude, and was previously Head of Information Technology at a Moscow-based battery manufacturer and R&D Director at a start-up energy storage company in Germany, working on corporate IT strategy and network and security issues.

About the Series

The MIT System Design and Management Program Systems Thinking Webinar Series features research conducted by SDM faculty, alumni, students, and industry partners. The series is designed to disseminate information on how to employ systems thinking to address engineering, management, and socio-political components of complex challenges.