The climate change debate and economic recovery strategies in various industries demand transformational projects in clean technology. Transformation in this context refers to a nearly tenfold improvement in a key technical performance indicator that is typically conditioned upon making high...

A dynamic view of the resource based theory (RBT) examines how a firm builds its resources over time, considering variations in resources' growth rates while the firm attempts to grow. Accordingly, we consider the elasticity of accumulated resources to assess conditions where these resources...

We identify three broad types of decisions for creating product flexibility: market selection, whereby managers can diversify their product portfolios across multiple segments in order to hedge against market uncertainties; resource allocation, through which managers assign R&D and marketing...

The practice of product development and delivery has shifted increasingly from an individual firm to collaborative efforts along its supply chain and as such, effective supply chain management is seen as a way of obtaining competitive advantage for all firms within the supply chain. If firms are...

Outsourcing arrangements continue to evolve from peripheral activities, such as food services and back office transaction processing, to encompass more core activities such as new product development. Some arrangements maintain a clear lead organization while others, such as open source...

Innovation is a complex system, prone to emergent opportunities and risks. This article, which is the first chapter of a forthcoming book, overviews the causes of these emergent opportunities and risks. It also briefly describes the perspectives, tools, and leadership culture that are necessary...