We develop and test how business entities tap regional and corporate scientific knowledge for their innovations in a revolutionary technology. Building on the knowledge-based view of the firm, we argue that while both regional and corporate scientific knowledge may improve a business entity's...

The received view is that related acquisitions have more potential to create value than unrelated acquisitions. However, there are very few measures of relatedness between two firms. Existing measures are very crude relative to those used in diversification research (e.g., diversity of a single...