Purpose This paper aims to suggest a procedure for successfully transforming a firm’s innovation processes in a systematic way. Design/methodology/approach This is a conceptual paper, which draws on prior academic and practitioner papers. Findings Changes in a firm’s environment, such as new...

Purpose This paper aims to draw on a knowledge-based view to emphasize that internal technological and market knowledge is critical to developing absorptive capacity. Design/methodology/approach This is a conceptual paper, which draws on recent transformations of management practices. Thus, the...