Recent strategy research explains why firms sometimes make-and-buy (not make-or-buy)products simultaneously, but lacks explanations of how they strike the make-buy balance. We respond by developing a framework featuring two determinants of the balance: resource cospecialization and supplier...

Considering the opportunities and challenges for commercial firms involved with government business process outsourcing.

Governments set rules; businesses operate by following these rules. This idealized notion of political economy is more inaccurate today than ever before. Business leaders, including technology entrepreneurs, must participate in rulemaking due to deregulation and liberalization, prominent global...

These days, we hear the phrase business model roll off the tongue of not only technology entrepreneurs and venture capitalists, but also corporate managers, public officials, and professionals. When the President of the Law Society of England and Wales asks what the business model for lawyers...

More and more people are living and working in business ecosystems. We read and talk about the entrepreneurial ecosystem, the e-commerce ecosystem, and the mobility ecosystem. But we do not know enough about the key characteristics of an ecosystem that make it innovative. For some, any cluster...