Exploring the research landscape of convergence from a TIM perspective: A review and research agenda

Publisher:
Elsevier BV
Publication Type:
Journal Article
Citation:
Technological Forecasting and Social Change, 2021, pp. 121321
Issue Date:
2021-01-01
Full metadata record
Convergence at the level of science, technology, market or industry can increasingly be witnessed in a number of empirical settings. It is currently seen as one of the most important influence factors on and trigger for developing innovation strategies. This empirical relevance is mirrored by a surge in publications. Therefore, motivated by a highly dynamic but at the same time rather unstructured body of literature, this review offers a systematic and critical analyses of studies related to Technology and Innovation Management (TIM) research that address convergence from a processual perspective. Four major strands can be identified: (1) drivers and patterns of convergence, (2) anticipation of convergence, (3) strategic reactions to convergence, and (4) convergent products. A key finding of this review is that most contributions have been inward oriented, i.e. understanding the dynamics of convergence. A consequence of this inner focus is that the scientific discourse on convergence has to some degree unfolded independently from its theoretical underpinnings. To this end, this review provides a comprehensive framework of convergence research, including current challenges and emerging themes to address these challenges. The resulting research agenda serves as a starting point to inspire future studies of relevance for theory and conceptual development as well as managerial practice.
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