This volume provides a collection of cross-country analysis of innovation, showing that the effects of innovation upon firms vary from one country to another. Incumbents perish in one country, while they thrive in the same industry in another country. Startups thrive in response to new...

This element explains the role of the CEO in maintaining and updating the internal selection environment and contributing to organizational evolution, as well as making fundamental decisions about organizational splits of the firm's business models as an ecosystem evolves.

This paper presents a model of the strategic process concerning entrepreneurial activity in large, complex organizations. Previous empirical and theoretical findings can be integrated in this new conceptual framework. The paper makes the following key points. First, firms need both diversity and...