Open innovation is a powerful framework encompassing the generation, capture, and employment of intellectual property at the firm level. We identify three fundamental challenges for firms in applying the concept of open innovation: finding creative ways to exploit internal innovation,...

The purpose of this paper is to develop an organizational learning framework to support the strategic management process. Organizational learning is divided into two strategically relevant categories, external and internal, which involve complementary processes with separate advantages and...

A firm's ability to acquire and exploit external knowledge is often critical to achieving and sustaining a competitive advantage. In this study, we adopt a multi-dimensional view of absorptive capacity and focus specifically on the application of external knowledge that has been obtained via...