The success of an innovating firm often depends on the efforts of other innovators in its environment. How do the challenges faced by external innovators affect the focal firm's outcomes? To address this question we first characterize the external environment according to the structure of...

Product innovation often hinges on technological changes in underlying components. We examine how firms' success in managing such component-enabled innovation is impacted by their knowledge and production strategies with respect to key components. We further consider how this relationship...

The objective of this article is to introduce readers to the emerging research stream on business ecosystems, explicating the novelty and the usefulness of ecosystem-based theorizing, and hoping to pave the way for an influential but cumulative body of knowledge. The key tenets within an...

The objective of this article is to introduce readers to the emerging research stream on business ecosystems, explicating the novelty and the usefulness of ecosystem-based theorizing, and hoping to pave the way for an influential but cumulative body of knowledge. The key tenets within an...

The challenges of commercializing breakthrough inventions in large firms have been studied extensively through a lens of managerial decision-making and resource allocation. This perspective has characterized the innovation process in large firms as one in which inventors confine themselves to...

Kodak’s failure to transition from film to digital technology has become a canonical example of a dominant incumbent failing in the face of an industry transition. In this paper, we undertake a systematic study of Kodak’s decision-making from its earliest efforts in digital technology in the...