The economic liberalization in India was expected to boost the economy, particularly the industrial sector through faster technological development. The Schumpeterian hypothesis, which studies the relationship between market structure variables such as firm size and market concentration and...

Contrary to popular belief which sees the governments as reactive and resistant to change, the increasing emergence of innovative ideas particularly in the field of local services yielded a wide range of interactions. This was due to address new policy challenges, improve productivity, better...

How do advanced materials ventures overcome the daunting commercialization challenges of the sector: high technology and market uncertainty over long time frames, and the need for significant complementary assets and substantial financing? Does uncertainty enhance or obstruct value creation? To...

Whether entrepreneurial firms discover or create opportunities is a classic debate, here explored in the context of disruptive innovations. In this paper we reframe the question to focus not on the nature of entrepreneurial opportunity but on how and for whom entrepreneurs undertake disruptive...

New product development (NPD) in small and medium-sized enterprises (SMEs) virtual team has not been systematically investigated in developing countries. Literatures have shown no significant differences between traditional NPD and virtual NPD in general. New product development especially for...

Suppose that a firm in charge of a business ecosystem is a firm in charge of a microeconomy. To achieve the highest growth rate, how open should that economy be? To encourage third-party developers, how long should their intellectual property interests last? We develop a sequential innovation...

Christensen (1997) provided evidence for disruptions in the hard disk drive industry by examining the technological changes of disk drives. By building up the disruption model, Christensen argues that the failures of the established firms in the industry to respond to simple technological...

This paper tests the induced innovation hypothesis that higher oil prices will lead to increased innovation in energy-efficient automotive technology. We find robust empirical support for the hypothesis, while using various measures of oil and gas prices and controlling for other factors...

Studying the US personal computer industry from its inception in 1974 through 1994, we address the following questions. What product technology strategies increase the survival chances of entrants into new, technologically dynamic industries? Does the effectiveness of these strategies differ by...