practitioners suggest. In this paper, we suggest that if managers misperceive the true state of competition in their industry, they … unnecessary radical business model innovation. In this chapter we discuss these risks in light of recent research on both … hypercompetition and on incumbent business model innovation. …

-based explanations of firm competitiveness. We introduce the perspective of international competition based on actions articulated by and …

, little is known about how these capabilities may contribute to the business model's innovation of an acquirer. The purpose of … the paper is to clarify the role of dynamic capabilities in business model innovation of acquirer's company in mergers and … innovation in pursuing a new customer value proposition in the merger and acquisition processes and thereby exploiting a …