This article aims to reconcile the seemingly contradicting arguments put forth in different literatures regarding the role of financial resource constraints as inhibitors or enablers of innovation in organizations. Recognizing that innovative endeavors are regularly carried out through team...

Industrial markets are frequently characterized by an oligopolistic market structure. As a result, suppliers may become highly selective with respect to decisions that involve collaborating with certain customers. Buying firms must therefore be more attractive than their rivals to obtain...

Corporations are beginning to realize that the proverbial 'if we only knew what we know' also includes 'if we only knew what our customers know.' The authors discuss the concept of Customer Knowledge Management (CKM), which refers to the management of knowledge from customers, i.e. knowledge...

This paper revisits Roos and Victor's (1999) conceptual framework for strategy making, involving descriptive, creative, and challenging imagination in the light of empirical evidence. The three imaginations are linked to concrete strategy-making processes as illustrated with a longitudinal case...

Summary Popular parlance suggests that 'you learn more from your failures than from your successes'. However, when it comes to failed innovations in organizations, we find that the proverb is not always true. We suggest that instead, failure may often lead to innovation trauma, an inability to...