Extending Teece's landmark 1986 article, we consider how innovators benefit from value appropriation and creation. We elaborate on value appropriation, first by pointing out the importance of “industry architectures”, i.e. sector-wide templates that circumscribe the division of labor; and...

Many papers have documented wide variations in productivity even in narrowly defined industries. Some have argued that this primarily reflects measurement problems due to, for example, comparing across different products. Others argue this reflects persistent differences in performance due, for...

Recently there has been much debate about the usefulness of strategic management education and implicitly about strategy tools and frameworks. Yet, this debate is taking place in the absence of detailed knowledge about how, or indeed, whether, managers use the theoretical tools that they learn....

In spite of the continued importance of an innovation’s attributes to research methodologies, and the increasing tendency toward multidimensional conceptualizations, the lack of a theoretically derived and empirically developed classification of innovations, conceived in terms of these...

The article explores three dimensions of institutional entrepreneurship: the type of activity pursued by institutional entrepreneurs, their skills and their field strategies. Evidence is presented on the emergence of the ‘Euroregion’, an organizing template used by local authorities situated...

The purpose of this inductive theory-building paper is to address the following research question: How does the role of social capital in fostering the international growth of new technology-based firms (NTBFs) evolve over time? It does so by theorizing from a three-year longitudinal study of...

This paper aims at contributing to the existing literatures on multinational management, technological search and open innovation by providing a detailed account of the process through which large multinational corporations (MNCs) use technology scouting units to systematically search for new...

The research question addressed here is: How does the nature of local embeddedness of network relationships influence new venture internationalization? We distinguish between ties’ spatial embeddedness as dispersed or concentrated. We explore local bridging tie embeddedness’ differential...

Many critics of free-market liberalism argue that higher product-market competition and the “Anglo-Saxon” management practices it stimulates increases productivity only at the expense of employees’ work-life balance (WLB). The empirical basis of these claims is unclear. To address this...

This paper seeks to deepen the research on middle managers’ strategic sensemaking roles. Until now, little research has explored how middle managers use their practical knowledge to realize their sensemaking role during strategic change in their daily activities. Here, through vignettes drawn...