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effects between alliances and acquisitions and between alliances and internal R&D investments. Firms with high absorptive …This paper studies possible complementarities and substitution effects between such strategic choices as alliances …, acquisitions and internal R&D investments. The findings indicate that a firm’s absorptive capacity affects the presence of …
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An extensive empirical literature in strategy and finance studies the performance implications of corporate diversification. Two core debates in the literature concern the existence of a diversification discount and the relative importance of industry relatedness and market structure for the...
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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...
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Considering pursuing the differentiation strategy makes enable the organization to earn its success and to create, capture and sustain economic value. Despite this importance, it is relatively absentminded in empirical studies at the conceptual level. In response to this gap, the purpose of this...
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