We consider firms in the context of their business ecosystems and we explore how governance choices with respect to complementary activities and distribution channels shape their decisions to invest in new technologies. We argue that governance choices play an important role in the firm’s...

We explore the implications of a real and common alternative to attempting the transformation required to embrace a new, dominant, technology – the choice to maintain focus on the old technology. In considering this choice we distinguish between ‘racing’ strategies, which attempt to fight...