Technological innovations in hospitals: What kind of competitive advantage does adoption lead to?

Robert E. McDonald, Narasimhan Srinivasan

Research output: Contribution to journalArticle

17 Scopus citations

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.

Original languageEnglish
Pages (from-to)103-117
Number of pages15
JournalInternational Journal of Technology Management
Volume28
Issue number1
DOIs
StatePublished - 2004

Keywords

  • Competitive advantage
  • Hospital
  • Management strategy
  • Technology innovation

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