The concept of core competence underlies competence-based competition and competence-based management. When new firms get established, due to resource constraints, managers have to make conscious decisions to develop certain competencies and not others. In order to have all competencies that are...

This chapter develops a conceptual understanding on open strategy through a systematic literature review. With a sample of 148 publications, the authors examine the key debates in the field of open strategy and identify a number of limitations such as an excessive definitional focus and a lack...