Title: Technological innovations in hospitals: what kind of competitive advantage does adoption lead to?
Authors: Robert E. McDonald, Narasimhan Srinivasan
Addresses: Rawls College of Business, Texas Tech University, Lubbock, TX 79409-2101, USA. ' School of Business, 2100 Hillside Road, Box U-1041MK, University of Connecticut, Storrs, CT 06269-1041, USA
Abstract: The authors propose an analytical framework for innovations, based on the resource-advantage theory of competition. Categorisation of innovations depends on how they contribute to a firm|s competitive advantage. Essentially, do innovations reduce costs to the organisation, or do they increase the value of its market offerings? They apply this framework to an important segment of the US economy: healthcare (specifically hospitals), to examine the impact of technological innovations for competitive advantage. The findings show that adoption is higher among bigger hospitals and also teaching hospitals.
Keywords: technology innovation; competitive advantage; hospitals; management strategy; healthcare; technology adoption.
International Journal of Technology Management, 2004 Vol.28 No.1, pp.103 - 117
Published online: 24 Aug 2004 *Full-text access for editors Full-text access for subscribers Purchase this article Comment on this article