Strategy, Innovation & Industry Dominant Logic (IDL)

What's strategy? How can industry dynamics, game theory & routines slow down innovation for entire industries? How can the concept of Dominant Logic go beyond a company and be applied to a broader competitive ecosystem?

After analyzing and reviewing the main theories and frameworks about strategy, routines, game theory, dominant logic, and strategic innovation, this whitepaper proposes and discusses the theory and framework of "Industry Dominant Logic" (abbreviated as IDL).

Structured in three sections ("Strategy Formulation", "Strategy Stagnation" and "Strategy Innovation"), this whitepaper investigates how IDL can be seen as one of the main reasons why industries get stuck and incumbents stop innovating, potentially leaving the ground for new entrants to change the rules of the game.

IDL proposes a way to interpret industries dynamics and competitive paradigms that can be found useful by MBA and university students, managers, consultants, professors, researchers, journalists, and in general anybody interested in the topics of strategy and innovation.