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revealing the logic of "innovation ecosystems" that can be established to dramatically improve odds of success …
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bundled by the firm's customers. We argue that the effect of external innovation challenges depends not only on their … magnitude, but also on their location in the ecosystem relative to the focal firm - whereas greater innovation challenges in … components enhances the benefits that accrue to technology leaders, greater innovation challenges in complements erodes these …
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We explore the implications of a real and common alternative to attempting the transformation required to embrace a new, dominant, technology – the choice to maintain focus on the old technology. In considering this choice we distinguish between ‘racing’ strategies, which attempt to fight...
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An extensive empirical literature in strategy and finance studies the performance implications of corporate diversification. Two core debates in the literature concern the existence of a diversification discount and the relative importance of industry relatedness and market structure for the...
Persistent link: https://www.econbiz.de/10011572308
the effect of disruption on prices, market shares, social welfare and innovation incentives. We show that the potential …
Persistent link: https://www.econbiz.de/10014122382