Purpose – The purpose of this paper is to explore the ways in which firms nurture the business ecosystem for the development of emerging industries. Design/methodology/approach – The research uses a qualitative research methodology with multiple case studies, namely two groups of companies...

This study investigates whether analysts strategically construct their portfolios along the supply chain. We document four major findings. First, the likelihood of an analyst following a firm's major customer increases with the strength of the economic tie along the supply chain, as measured by...