How do incumbents respond to a market information regime change? We employ literature on product portfolio strategies and capability adaptation to analyze the information regime change induced by the advent of streaming in the U.S. music industry. Our findings highlight first that an information...

Building on the vast literature on technological innovation and new product development we propose a “strategic organization” framework to inform future research. The framework focuses on two core constructs: “agents” (external stakeholders and internal members of the firm involved in...