To avoid finishing last in a competitive race which requires its participants to master a range of things all at one time, more and more corporations are deciding to outsource subordinate aspects or competencies, thereby focusing their strategic spotlight on aspects more central to their...

Increasing competition at product, firm, and industry level makes it more and more important to be able to develop new products and – at the same time – develop the necessary new technologies for producing those new products. In this paper we shall take a look at how four firms go about...