Although new products in the financial services field can be easily duplicated by competitors, it often takes a long time for competitors to do so. An investigation by the authors reveals that there are many reasons for this phenomenon ranging from product complexity to the internal politics and...

As the pace of competition intensifies in the 1980s, information systems will emerge as critical new weapons in the battle to gain an advantage over competitors. The authors show how a business can use modern information technologies to create a competitive edge by adding value to present...

Creating new business within a company is often the only way to grow. But many attempts result in abysmal failure. The authors describe what CEOs and senior managers must do to increase the chances of success for new ventures.

A previous article described a research program the authors conducted on the creation of new businesses within the company, which is called corporate venturing.