The Draw Poker Theory of Innovation Management: Illustrations from the Automotive Industry
A set of rules determining which hand is better than another hand.
The possibility of improving one’s own hand.
The possibility of competitors improving their own hands.
A price to be paid for withdrawing from competition (loss of stake) and a price to be paid for continuing in competition. (Poker differs from innovation in that there is always a “winner”.)
KeywordsTechnological Change Innovation Management Card Game Technological Regime Calcium Carbide
Unable to display preview. Download preview PDF.