This research seeks to shed more light on how manufacturing firms adjust their strategy according to the sustainability challenge. Strategic decisions are influenced by strategic long-term considerations, which take into account aspects that lie within firms' boundaries and beyond. Therefore,...

We observed that extending the service business in manufacturing companies often leads to a "service paradox." Where there is such a paradox, substantial investment in extending the service business leads to increased service offerings and higher costs, but does not generate the expected...

The following sections are included: <ul><li class="bullet">Introduction</li></ul> <ul><li class="bullet">Open Innovation in Turbulent Environments</li></ul> <ul><li class="bullet">Types of External Sources for Open Innovation in Turbulent Settings</li></ul> <ul><li class="bullet">Methods <ul><li class="bullet"> Data and sample</li><li class="bullet"> Measures <ul><li class="bullet"> Open innovation</li><li class="bullet"> Innovation success</li><li class="bullet"> Environmental turbulence</li><li class="bullet"> Controls</li></ul> <p></li><li class="bullet"> Results</li></ul> <p></li></ul> <ul><li class="bullet">Conclusion and...</li></ul></p></p>

In open innovation systems, capturing value through external intellectual property (IP) commercialization is an increasingly important strategy for firms to keep pace with competitive changes. However, many firms have major difficulties in creating value through external patent exploitation. To...

The Economic Valuation of Patents provides an original and essential analysis of patent valuation, presenting the main methodologies to value patents in different contexts.

Corporate incubators for technology development are a recent phenomenon whose functioning and implications are not yet well understood. The resource-based view can offer an explanatory model on how corporate incubators function as specialised corporate units that hatch new businesses. While...

The explosive growth of incubation has seen a concurrent and significant increase in research on and knowledge of the incubation phenomenon. However, instead of comprehensively differentiating between non-profit and for-profit incubators, research has described a whole array of partly...

Despite the argument that leveraging the expertise of foreign subsidiaries to the global firm benefits the whole firm's competitive advantage, in the case of international innovation, such leveraging rarely takes place. We investigate this paradox, applying research on strategic initiatives to...

The transnational corporation paradigm is increasingly at odds with empirical findings regarding international innovation strategies. Analysing a longitudinal case study, we show that a firm's international R&D subsidiaries can be a powerful force that can shape strategy even more than...