Powering Through the Turn: Finding Time for Concept Exploration Before Industry Stagnation
Name
Powering Through the Turn Finding Time for Concept Exploration Before Industry Stagnation.pdf
Description
Published version
Size
1.72 MB
Format
Adobe PDF
Checksum (MD5)
79b2592c1844b989969fc669502810a0
Author(s)
Noble, Connery
Cameron, Bruce G
Date Issued
March 15, 2025
Journal
Engineering Management Journal
Publisher
Taylor & Francis
Citation
Noble, C., & Cameron, B. G. (2025). Powering Through the Turn: Finding Time for Concept Exploration Before Industry Stagnation. Engineering Management Journal, 37(2), 207–222.
Version
Final published version
Abstract
This study examines how the tension between exploration and exploitation affects early-stage development within the engineering teams of large corporations. Using survey data collected from over 900 system engineers and managers, it was observed that exploration decreased as an organization’s market growth declined, but dire market projections prompted a refocus on exploration. In addition, engineers routinely desire more concept exploration time than they perceive that they have available. The authors argue that engineering teams should more intentionally consider their innovation strategy, and that companies with stagnant market growth should invest in concept exploration before they get to a period of market decline.
MIT Department
System Design and Management Program.
Terms of Use
Creative Commons Attribution-NonCommercial-NoDerivatives
Persistent DSpace Link
DOI of Published Version
https://doi.org/10.1080/10429247.2024.2403912
