The goal of this study is to discover why startups aremuch more likely than established firms to commercialize innovations. There arethree possible alternatives regarding the fate of an innovation: it can becommercialized by an incumbent firm as an internal venture, commercialized by astartup as...

Faster technological development, shorter product life-cycles, and more intense global competition have transformed the current competitive environment for most firms. This new competitive landscape forces organizations to actively acquire knowledge, as a firm's competitive advantage is now more...

We explore how R&D project characteristics condition the governance of an R&D project and its individual activities. Prior literature has sought to explain the factors - both at the industry and at the firm level - that influence the way in which firms partner for innovation. In this paper, by...