One important question confronting firms engaged in a strategic alliance is how to adapt the relationship over time. This article identifies specific governance changes firms make in strategic alliances. Using illustrative data on strategic alliances in the biotechnology industry, the authors...

Technology-grafting acquisitions are the acquisitions of technology-based entrepreneurial firms by established firms. They are often motivated by the need to bring products speedily to market, as well as develop future product pipelines. We argue that these are conflicting objectives; a...

This paper aims to leverage neuroscience and psychology to contribute to the development of a microfoundation for an important managerial dilemma: the organizational ability to continuously explore novel domains of activity and exploit the current knowledge base with increasing efficacy. The...