New entrants very often spin out from established firms and because they set on a course at founding, their learning and capabilities become inextricably linked to their organizational and technological heritage. But while this heritage may provide an initial advantage, it can also generate...

When actors invest in making strong network ties (relationships) with other actors, such ties can potentially influence behavior and subsequent financial performance, but the strength and direction of these effects is debated. Using original fine-grained data that documents the nature and extent...

This article proposes a novel perspective of technological change based on the ‘Woesian’ model ofcell evolution to study technological change and, in particular, the origins of radical innovation. Themodel identifies horizontal gene transfer (HGT) as a critical force that drives evolution...