We argue that incumbents may be in a position to adapt to radical technological change via interfirm cooperation with new entrants when the incumbents have complementary assets within their firm boundaries that are critical to commercializing the new technology. We study 889 strategic alliances...

A persistent theme in the academic literature on technological innovation is that incumbent enterprises have great difficulty crossing the abyss created by a radical technological innovation. It is argued that incumbents go into decline, while new entrants rise to market dominance by exploiting...

This paper examines the question of whether the initial stock of resources of new ventures that enter an industry differs based on the whether they enter before or after a technological discontinuity occurs. We draw on the theoretical foundations of the resource-based view of the firm, and those...

This paper examines how a radical technological innovation affects alliance formation of firms and subsequent network structures. We use longitudinal data of interfirm R&D collaborations in the biopharmaceutical industry in which a new technological regime is established. Our findings suggest...

This paper examines how a radical technological innovation affects alliance formation of firms and subsequent network structures. We use longitudinal data of interfirm R&D collaborations in the biopharmaceutical industry in which a new technological regime is established. Our findings suggest...

The present paper proposes a new way of thinking regarding the relation between innovation and knowledge using a Physics-borrowed model, trying to prove whether knowledge resources can "flow" (be percolated) in a network or a grid, in order to be transformed in technological innovation. In the...

What is a disruptive innovation? This study confronts this question here by presenting different approaches, which endeavor to explain the dynamic behavior of disruptive technologies in competitive markets. Firstly, this study introduces destructive technology as a radical innovation, based on...

Our interest in writing this article is to create a bridge between the scholarly and academic research on technological innovation and a private sector, for-profit business model that implements the ideas on innovation and entrepreneurship, primarily in metro regional economies.This paper...

In today’s constantly changing business environment, the ability to acquire knowledge, and to do it quickly, is often the difference between surviving and not surviving. Organizational learning is therefore being recognized as a critical organizational function of considerable interest to...

The "just-so" happy story told by global trade proponents that promised that the loss of manufacturing jobs would be made up by the increase in "service sector" jobs is not supported by the BDS data, and it is just now dawning on state government officials that there is something seriously wrong...