Purpose - The purpose of this paper is to integrate the global value chain (GVC) perspective with firms' innovation in emerging economies (EE) and explain why EE firms can improve their innovation capabilities more from their domestic markets by focusing on R&D and marketing than from original...

How can venture capital (VC) firms transform a weak innovation ecosystem into a productive and robust one? While the literature has found VC firms' catalyst role in innovation in developed markets, we know little about whether and how they affect innovation in an emerging market, where formal...

This study conceptualizes the novel concept of generative capability, a unique capability by which firms organize experiential learning activities to achieve fast and iterative innovation. Employing a mixed-method research design, we first explored the theoretical framework of generative...