Clusters are systems of localised economic activity and innovation. This report reviews current evidence on clustersand develops policy recommendations for the UK. It argues that clusters include multiple firms from related sectorsthat are co-located within a web of complex linkages and a...

The article explores three dimensions of institutional entrepreneurship: the type of activity pursued by institutional entrepreneurs, their skills and their field strategies. Evidence is presented on the emergence of the ‘Euroregion’, an organizing template used by local authorities situated...

Unlike studies on the vertical integration-performance relationship, we focus on disintegrating firms and investigate the performance consequences of vertical disintegration. We predict a positive disintegration effect on operating performance which is further conditioned on the initial degree...

In this paper, we consider how a better understanding of entrepreneurial activities can help explain how firm and industry boundaries change over time; and how a more complete understanding of boundary setting can help us understand where entrepreneurial activities are directed. We argue that...

The concept of “vertical architecture” defines the scope of a firm and the extent to which it is open to final and intermediate markets. A firm can make or buy inputs, and transfer outputs downstream or sell them. Permeable vertical architectures are partly integrated and partly open to the...

Despite their pervasiveness and significance in everyday organisational life, meetings have received comparatively little serious academic attention as organisational phenomena. This paper argues that studying meetings as strategizing episodes can add to our understanding of the social dynamics...

We examine whether discretionary government grants influence thelocation of new plants. Grants have a small effect in attracting plants to specificgeographic areas, but their effectiveness increases with agglomeration externalities,measured by the number of other plants in that location in the...

Extending Teece's landmark 1986 article, we consider how innovators benefit from value appropriation and creation. We elaborate on value appropriation, first by pointing out the importance of “industry architectures”, i.e. sector-wide templates that circumscribe the division of labor; and...

Many papers have documented wide variations in productivity even in narrowly defined industries. Some have argued that this primarily reflects measurement problems due to, for example, comparing across different products. Others argue this reflects persistent differences in performance due, for...

Recently there has been much debate about the usefulness of strategic management education and implicitly about strategy tools and frameworks. Yet, this debate is taking place in the absence of detailed knowledge about how, or indeed, whether, managers use the theoretical tools that they learn....