Business strategy Books

Book SynopsisThis book takes up the challenge of promoting a new understanding of growth and how in business it occurs longitudinally. It offers an alternative and supplementary view that is insightful, reflective and provocative. Mona Ericson looks at business growth in relation to developmental growth, which is in turn connected to the dimension of learning. She describes developmental growth as being exposed by, and manifested in, complex, interconnected human activities that reflect social practice in terms of encounters between people. Extending the process-oriented growth literature that focuses on linear explanation of development and change, the thrust of the argument is that growth is 'lived' and cannot be considered an 'object' that presides over the individual. The concept of business growth as 'lived' growth is explored via a musical metaphor. The fugue is used to capture the dynamics inherent in business growth, asserting itself in themes that constitute multifaceted, interwoven activities affording dynamically varying movements.Underpinning this new approach to business growth with examples from a global company that provides complete packaging solutions, Mona Ericson's unique book will provide a fascinating read for those with an interest in strategy, organization, strategic change, management, growth and international business.Table of ContentsContents: Preface by Leif Melin 1. Growth and Development 2. In the Mosaic of Growth Studies 3. A World of Practice and a Style of Composition 4. Activities, Themes and Voices 5. Broadening of Horizons and Fugal Movements – The Intended Contribution References Index

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Book SynopsisThis unique book unveils an invaluable paradigm for companies wishing to create new knowledge. Mitsuru Kodama's new theoretical framework is achieved using a combination of approaches including knowledge sharing, knowledge integration, strategy, organization, corporate culture and leadership.The author presents his new theoretical framework using two models which demonstrate the means for actors both within and outside the company to formulate and implement micro strategies through the structure of dynamic strategic human networks. Detailed case studies are then used to support the theoretical framework. These include specific applications of knowledge innovation from networked strategic communities including large corporations, joint ventures, customer-oriented solution businesses and IT-based management. Research and managerial implications arising from these theoretical frameworks are also explored. Bridging theory and practice and providing international scope, this book will be invaluable to academics and students with an interest in business and management, and to managers in the IT, telecommunications, and electronics industries.Trade Review'In his book Knowledge Innovation, Mitsuru Kodama describes how strategic communities and networked strategic communities in complex organizations serve as catalysts for knowledge innovation in highly competitive environments. Through detailed case studies he demonstrates how Japanese and other Asian companies in the telecommunications, information technology, and related fields, have turned traditional organizational lines inside out that have resulted in breakthroughs in new technologies and products. . . Aimed at the advanced student or manager of complex organizations this important new work offers new models for organization that describe how to leverage knowledge and creativity in the networked business world. Knowledge Innovation is highly recommended for academic libraries at universities with research collections and large public libraries serving researchers and corporate strategists.' -- Ann M. Fiegen, Journal of Business and Finance Librarianship'Knowledge Innovation is very suggestive about how firms may be able to gain more from their alliances than they currently are receiving and is a worthwhile read for those practitioners with responsibility for those relationships, and for the academic audience focused specifically on the micro-level management of cross-company relationships.' -- Jamie P. Eggers, Innovation: Management, Policy and Practice'. . . very interesting and thought-provoking. . . The cases are detailed and the scholarship is impressive. . . Academics and practitioners working in either knowledge management or strategic management will find plenty here of value, as would research or dissertation students.' -- John S. Edwards, Knowledge Management Research and PracticeTable of ContentsContents: Preface 1. Knowledge Innovation 2. Practice-based View of Strategic Management 3. Knowledge Innovation Through Strategic Activity Cycles 4. Dynamic Creation of Networked Strategic Communities 5. Architectural Innovation in Cross-functional Multi-projects 6. Business Innovation Through Joint Ventures Supported by Major Businesses 7. Customer Value Creation Through Knowledge Innovation 8. Customer Value Creation Through Community-based Information Networks 9. The Innovative Leadership of the Community Leader 10. Managerial Implications and Conclusion Bibliography Index

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Book SynopsisThis important Handbook explores and evaluates dynamic environments and the appropriate strategic responses to them in the 21st century. Drawing together a collection of 29 original chapters, the Handbook makes an invaluable contribution to theory and practice by stimulating disciplined, rigorous and imaginative enquiry into the relationship between strategy and foresight. Leading scholars in the field of strategic management are brought together to offer innovative and multi-disciplinary perspectives on the past, present and future of strategy formation and foresight. In so doing, they challenge research in four key areas: strategy and foresight processes; strategy innovation for the future; understanding the future; and strategically responding to the future.The Handbook of Research on Strategy and Foresight is a comprehensive resource that will be invaluable for academics, students and practitioners interested in this important phenomenon.Table of ContentsContents: Introduction Robert Bradley MacKay and Laura A. Costanzo PART I: PROBING THE FUTURE: CULTIVATING STRATEGIC FORESIGHT 1. Redefining Strategic Foresight: ‘Fast’ and ‘Far’ Sight via Complexity Science Bill McKelvey and Max Boisot 2. Anticipating Critique and Occasional Reason: Modes of Reasoning in the Face of a Radically Open Future David Seidl and Dominik van Aaken 3. Strategic Foresight Ajit Nayak 4. The Symbolism of Foresight Processes in Organizations Jan Oliver Schwarz 5. Strategic Foresight: Counterfactual and Prospective Sensemaking in Enacted Environments Robert Bradley MacKay 6. Modal Narratives, Possible Worlds and Strategic Foresight Charles Booth, Peter Clark, Agnès Delahaye-Dado, Stephen Procter and Michael Rowlinson 7. Scenarios as Knowledge Transformed into Strategic ‘Re-presentations’: The Use of Foresight Studies to Help Shape and Implement Strategy Thomas Durand 8. Researching the Organization–Environment Relationship George Burt PART II: FORESIGHT AND ORGANIZATIONAL BECOMING: STRATEGY PROCESS, PRACTICE AND CHANGE 9. Strategizing as Practising: Strategic Learning as a Source of Connection Elena P. Antonacopoulou 10. Improvisational Bricolage: A Practice-based Approach to Strategy and Foresight Miguel Pina e Cunha, João Vieira Da Cunha and Stewart R. Clegg 11. Micro-political Strategies and Strategizing in Multinational Corporations: The Case of Subsidiary Mandate Change Christoph Dörrenbächer and Mike Geppert 12. How Organizational DNA Works David Weir, Craig Marsh and Wilf Greenwood 13. Making Sense of Organizational Becoming: The Need for Essential Stabilities in Organizational Change Ian Colville 14. Agency in Management of Change: Bringing in Relationality, Situatedness and Foresight Ahu Tatli and Mustafa F. Özbilgin 15. The Role of Resources in Institutional Entrepreneurship: Insights for an Approach to Strategic Management that Combines Agency and Institution Julie Battilana and Bernard Leca PART III: SHAPING THE FUTURE: STRATEGIZING AND INNOVATION 16. The Role of Middle Managers in Enabling Foresight Laura A. Costanza and Vicky Tzoumpa 17. Hollow at the Top: (Re)claiming the Responsibilities of Leadership in Strategizing C. Marlene Fiol and Edward J. O’Connor 18. Visions and Innovation Strategy Jonathan Sapsed 19. Innovation through Ambidexterity: How to Achieve the Ambidextrous Organization Constantinos Markides and Wenyi Chu 20. Fast Cycle Capability: A Conceptual Integration V.K. Narayanan 21. Interactions with Customers for Innovation C. Annique Un and Alvaro Cuervo-Cazurra 22. Organizational Innovation of the Toyota Group Faith Hatani PART IV: RESPONDING TO THE FUTURE: INTUITION, INERTIA AND STRATEGIC FLEXIBILITY 23. The Role of Intuition in Strategic Decision Making Marta Sinclair, Eugene Sadler-Smith and Gerard P. Hodgkinson 24. (Un) Great Expectations: Effects of Underestimations and Self-perception on Performance Rodolphe Durand 25. Strategic Foresight and the Role of Organizational Memory Within a Punctuated Equilibrium Framework Stelios C. Zyglidopoulos and Stephanie W.J.C. Schreven 26. Adaptation, Inertia and the Flexible Organization: A Study of the Determinants of Organizational Flexibility in an Emerging Economy Andrés Hatum and Andrew M. Pettigrew 27. Addressing Path Dependency in the Capabilities Approach: Historicism and Foresight Meet on the ‘Road Less Travelled’ Swapnesh K. Masrani and Peter McKiernan 28. Dynamic Knowledge Creation Taman H. Powell and Howard Thomas 29. Foreseeing the Problem of Conformity in Strategy Teaching, Research and Practice Gregory B. Vit Index

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Book SynopsisThis book comprises eighteen cutting edge chapters by emerging scholars in international strategy, offering a variety of fresh perspectives on critical issues that the field will face in the near future. These young scholars have unique and innovative thoughts about international strategy, which are well ahead of the mainstream of international business academics.Various topics are addressed, including the rise of outsourcing and the global spread of research and development activities; structural innovations by multinational firms, with particular attention to organizing for the efficient transfer of knowledge resources within networks of alliances; and new ways of considering the effects of location, focusing on the relative importance of regional clusters and countries and the impact of geographical and cultural distance on international strategies. Stephen Tallman has geared the book to an academic audience, specifically faculty and graduate students in international business, international management, and global strategy. Sophisticated international business practitioners will also find it an interesting read.Trade Review'Stephen Tallman has put together an excellent tome by high-quality emerging scholars that provides cutting edge knowledge on the field of international strategy. The coverage is thorough, including more traditional topics such as the outcomes of internationalization (e.g., performance, innovation, risk reduction) and market entry modes of cross-border M&As and alliances, while also exploring unique and important topics such as investment in global cities and the development of new organizational forms. It is a must read for graduate students and scholars interested in international strategy.'BR>- Michael A. Hitt, Texas A&M University, USTable of ContentsContents: Preface PART I: NEW APPROACHES TO INTERNATIONAL STRATEGY 1. Peripheral Vision for International Strategy: Exploring Vistas of the Field’s Future Luis Vives and Silviya Svejenova 2. Geographic Diversification: Risk Reduction or Operational Flexibility Seung-Hyun Lee and Chris Changwha Chung 3. Is ‘Do What You Do Best and Outsource the Rest’ an Appropriate Technology Sourcing Strategy? Brent B. Allred and K. Scott Swan 4. Types of Difficulties in Internationalization and their Consequences Alvaro Cuervo-Cazurra and C. Annique Un 5. R&D Internationalization: Building Organizational Capabilities to Balance Exploration and Exploitation Gurneeta Vasudeva and Petra Sonderegger 6. Real Options Theory and International Strategic Management Jing Li and Tony W. Tong PART II: NEW ORGANIZATIONAL FORMS FOR MULTINATIONAL COMPANIES 7. International Business Theory, Multinational Enterprise, and New Organizational Forms Jonathan Doh 8. Organizing for Discontinuous Knowledge Flows: A New Perspective on the Management of Knowledge and Innovation in MNCs Björn Ambos and Tina C. Ambos 9. Building and Leveraging Knowledge Capabilities through Cross-border Acquisitions Manuel Portugal Ferreira 10. Non-transitive Decision Making About Partner Selection in International R&D Alliances Dan Li 11. Evolution of Outcomes in International Strategic Alliances Anupama Phene PART III: LOCATION IN THE MODERN GLOBALIZING WORLD 12. Is it all a Matter of Grouping? Examining the Regional Effect in Global Strategy Research Ruth V. Aguilera, Ricardo G. Flores and Paul Vaaler 13. Global Cities and Multinational Corporation Investment Anthony Goerzen 14: Cultural and Institutional Determinants of Agglomeration Robert Salomon and Zheying Wu 15. Local Clusters with Non-local Demand: An Exploratory Study of Small Ethnic Worlds in the Indian IT Industry Florian A. Täube 16. Technology as a Remedy for Political Risks Veneta Andonova 17. The Role of Geographic Distance in FDI Roberto Ragozzino 18. Psychic Distance and Directional Equivalence: A Theoretical Framework Ronaldo Parente, Daniel W. Baack and Victor Almeida Index

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Book SynopsisBy bringing together elements of a radical new approach to the firm based on a biological metaphor of the ecosystem, this unique book extends the limits of existing theories traditionally used to investigate business networks. The book illustrates that like a biological system, a business ecosystem is a non-homogeneous community of entities made up of a large number of interconnected participants with different interests; they depend on each other for their mutual effectiveness and survival, and so are bound together in a collective whole. By applying this new paradigm - labelled the 'digital business ecosystem' - the book goes on to show: methods used by companies to compete and cooperate within their market and technological environment how modern businesses shape this environment through their deliberate actions and investment the ways in which new digital technologies feed into the environment and influence how firms and groups of firms compete and cooperate. Combining scientific depth with a rigorous and multidisciplinary approach, the contributors to this unique work take significant steps in opening up the debate on the digital business ecosystem concept. As such, this book will prove a fascinating resource for academics with an interest in technology and innovation management, economics of innovation, and economics of technological change.Table of ContentsContents: Foreword Aldo Romano Preface Michael Hobday Introduction Angelo Corallo, Giuseppina Passiante and Andrea Prencipe PART I: DIGITAL BUSINESS ECOSYSTEMS: THEORETICAL UNDERPINNINGS 1. The Business Ecosystem as a Multiple Dynamic Network Angelo Corallo 2. The Paradigm of Structural Coupling in Digital Ecosystems Paolo Dini and Francesco Nachira PART II: THE ORGANIZATIONAL DIMENSION OF DIGITAL BUSINESS ECOSYSTEMS 3. The Quest for New Organizational Forms: The Strange Case of Open Source Software Communities Robert M. Grant 4. From a National to a Metanational Ecosystem: Harnessing the Value of Global Knowledge Diversity Peter J. Williamson PART III: EMPIRICAL STUDIES ON DIGITAL BUSINESS ECOSYSTEMS 5. Network of Relationships in the Indian Software Industry: A Novel Business Ecosystem? J. Ramachandran and Sourav Mukherji 6. The Growing Volatility of the Global Economy from a Complex System Perspective Chuan-Leong Lam 7. China and the New Economy: A Case of Convergence? Max Boisot and John Child PART IV: TOOLS AND FRAMEWORKS FOR DIGITAL BUSINESS ECOSYSTEMS 8. The Management of Intellectual Property in the Digital Business Ecosystem Puay Tang and Jordi Molas-Gallart 9. MAP-STEPS: A Framework for Opportunity Assessment and Development of a Sustainable Business Model for eBusiness Swapan Kumar Majumdar 10. Tools and Frameworks for Digital Business Ecosystems Erik Brynjolfsson, John Quimby, Glen Urban, Marshall Van Alstyne and David Verrill 11. Enabling the Flexible Enterprise – RFID and Smart Devices Robert Laubacher Index

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Book SynopsisThe Handbook of Research on Competitive Strategy presents a comprehensive state-of-the-art picture of current strategic management issues and demarcates the major investigation strands that are likely to shape the field into the future. The Handbook is the outcome of a far-reaching endeavor including new contributions from highly-reputed experts around the world, outlining the conceptual and empirical advancements and assessing the promises and practical relevance of the competitive strategy field. Looking at key areas such as alliances and innovation, ownership and networks, coopetition and entrepreneurship, multinational and trust management, and firm's financial structures and business models, the book sets a research agenda for the future of competitive strategy research. Gathering various solid branches of investigation that revolve around specific theories and applications (such as the socio-cognitive perspective, the strategy-as-practice view, and the most recent developments in competitive dynamics and the resource-based perspective of the firm), this inspiring and thought-provoking Handbook will provide executives, entrepreneurs, students and scholars in management with many insights into the nature and process of competitive strategy emergence, configuration and development. Contributors: A. Arikan, A. Arino, J.B. Barney, J.A.C. Baum, A. Capasso, R. Casadesus-Masanell, B. Cassiman, S. Castaldo, A. Chintakananda, M.C. Cinici, G.M. D'Allura, G.B. Dagnino, E. Dalpiaz, V. Della Corte, M.C. Di Guardo, R.L.M. Dunbar, R. Faraci, S. Ferriani, I. Filatotchev, N.J. Foss, E. Garcia-Canal, F. Garraffo, A. Giuliani, H.R. Greve, J.R. Harrison, M.A. Hitt, E.T. La Rocca, M. La Rocca, G. Lee, C. Markides, O. Meglio, A. Minichilli, G. Padula, V. Pisano, K. Premazzi, R. Ragozzino, R.K. Reger, P. Regner, J.J. Reuer, J.E. Ricart, V.P. Rindova, G.D. Santangelo, M. Sciarelli, W. Shen, M. Sorrentino, C. Stadler, G. WalkerTrade Review‘T?he Handbook stimulates reflection and helps one to select which avenues to explore, while at the same time preserving a strong link with established ideas.’ -- M@n@gement JournalTable of ContentsContents: 1. Introduction: Why a Handbook of Research on Competitive Strategy? Giovanni Battista Dagnino PART I: COMPETITIVE STRATEGY RESEARCH: ORIGINS AND DEVELOPMENTS 2. What is Competitive Strategy? Origins and Developments of a Relevant Research Area in Strategic Management Vincenzo Pisano and Michael A. Hitt 3. The Genesis of Competitive Strategy: A Historian’s View Christian Stadler 4. Theory of Science Perspectives on Strategic Management Research: Debates and a Novel View Nicolai J. Foss 5. Young and Growing Research Directions in Competitive Strategy Joel A.C. Baum and Henrich R. Greve PART II: THEORETICAL APPROACHES INFORMING COMPETITIVE STRATEGY RESEARCH 6. The Role of Resource-based Theory in Strategic Management Studies: Managerial Implications and Hints for Research Jay B. Barney, Valentina Della Corte, Mauro Sciarelli and Asli Arikan 7. The Mind of the Strategist and the Eye of the Beholder: The Socio-cognitive Perspective in Strategy Research Violina P. Rindova, Rhonda K. Reger and Elena Dalpiaz 8. The Management of Growth Strategies in Firm Networks: A Stylized Model of Opportunity Discovery via Network Ties Simone Ferriani and Antonio Giuliani 9. Strategy-as-Practice: Untangling the Emergence of Competitive Positions Patrick Regnér 10. Competitive Dynamics Stimulated by Pioneers’ Technological Innovation: A Theoretical Framework Francesco Garraffo and Gwendolyn Lee PART III: ADVANCED TOPICS IN COMPETITIVE STRATEGY RESEARCH 11. The Evolving Role of Mergers and Acquisitions in Competitive Strategy Research Olimpia Meglio and Arturo Capasso 12. Strategic Implications of Alliance Formation and Dynamics: A Comprehensive Review Africa Ariño and Esteban García-Canal 13. Innovation and Technology Management in Competitive Strategy Research Bruno Cassiman and Maria Chiara Di Guardo 14. Corporate Governance Issues in Competitive Strategy Research Igor Filatotchev 15. Entrepreneurial Issues in Competitive Strategy Research Mario Sorrentino 16. Family Business and Competitive Strategy Research Giorgia M. D’Allura and Alessandro Minichilli 17. Multinational Firms and Competitive Strategy Research Grazia D. Santangelo PART IV: METHODOLOGICAL ISSUES IN COMPETITIVE STRATEGY RESEARCH 18. The Use of Quantitative Methodologies in Competitive Strategy Research Roberto Ragozzino, Asda Chintakananda and Jeffrey J. Reuer 19. Semiotic Methods and the Meaning of Strategy in Firm Annual Reports Maria Cristina Cinici and Roger L.M. Dunbar 20. The Role and Impact of Computer Simulation Modeling in Competitive Strategy Research J. Richard Harrison and Gordon Walker PART V: COMPETITIVE STRATEGY AT THE INTERSECTION BETWEEN RESEARCH AND PRACTICE: A LOOK INTO THE FUTURE 21. The Management of Trust in Competitive Strategy Research: Why it is Important and What is New Sandro Castaldo and Katia Premazzi 22. Competing through Business Models Ramon Casadesus-Masanell and Joan E. Ricart 23. Coopetition: Nature, Challenges, and Implications for Firms’ Strategic Behavior and Managerial Mindset Giovanni Battista Dagnino, Maria Chiara Di Guardo and Giovanna Padula 24. Crossing Boundaries between Contemporary Research in Strategy and Finance: Connecting the Firm’s Financial Structure and Competitive Strategy Maurizio La Rocca and Elvira Tiziana La Rocca 25. Does Firm Ownership Matter? Investors, Corporate Governance and Strategic Competitiveness in Privately-held Firms Rosario Faraci and Wei Shen 26. Competitive Strategy Research’s Impact on Practice Costantinos Markides Index

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Book SynopsisThis book presents various empirical analyses of cross border strategies adopted by global firms with a particular emphasis on the European and East Asian experiences. It also provides studies of the trends and prospects of regional economic integration, focusing mainly on East Asia. The book addresses the topic of economic integration from both a corporate perspective and a policy perspective.The contributors illustrate the powerful integrative effects of cross border strategies of global firms and their impact on the increasing economic interdependence between countries, as shown for example by production sharing within multinational corporate networks. For their part, governments and policy makers are endeavouring to influence the path of globalisation by means of international cooperation, among which the shaping of regional economic areas is an outstanding one. While Europe still stands unrivalled in terms of its regional integration achievements, East Asian countries are also trying to forge their own path by building preferential trade and investment links on a regional basis. Such attempts are still in their infancy, but they raise some healthy debates to which this edited book makes a valuable contribution.Corporate Strategies in the Age of Regional Integration will appeal to scholars and researchers of economics, business and regional studies.Table of ContentsContents: Preface 1. Introduction Jong-Kil Kim and Pierre-Bruno Ruffin PART I: CROSS BORDER STRATEGIES OF GLOBAL FIRMS 2. Sectoral Concentration of Foreign Direct Investment in OECD Countries Ysabel Nauwelaerts and Ilke Van Beveren 3. European Integration and Inter-Firm Alliances: Some Evidence from Portuguese Data João Dias and Vítor Magriço 4. Fragmentation in Europe and East Asia: Evidences from International Trade and Foreign Direct Investment Data Mitsuyo Ando and Fukunari Kimura 5. The Determinants of Local Procurements by Japanese Foreign Affiliates: An Estimation of Factor Demand Function Kozo Kiyota, Toshiyuki Matsuura, Shujiro Urata and Yuhong Wei 6. Outsourcing and Skill Upgrading in Japanese Manufacturing: Destination Effects Evidenced from the International Input–Output Tables Iwao Tanaka and Eiichi Nakazawa 7. European Retailing Multinationals: Investment in Asia and Return Effects Marie-Laure Baron 8. Effect of Globalization on Logistics Networks in East Asia Jong-Kil Kim and Jung-Wouk Woo PART II: REGIONAL ECONOMIC INTEGRATION IN EAST ASIA AND EUROPE: TRENDS AND PROSPECTS 9. Free Trade Agreements in East Asian Countries: What Has Been Done and Needs to Be Done Jung Taik Hyun and Jin Young Hong 10. A Two-Hub Trading Bloc in East Asia? Lurong Chen 11. Exchange Rate Instability and Trade Integration: The Case of Asia Kang-Soek Lee and Philippe Saucier 12. Economic Power Shift in East Asia and Its Political-Economic Implications Dong-Chon Suh 13. Mutual Trade Potential of Central and Eastern European Countries: Evidence from Hausman–Taylor Estimations Fabienne Boudier-Bensebaa and Olivier Lamotte 14. The Impact of Trade Integration on FDI Flows: Evidence from the EU and ASEAN+3 Seyed Komail Tayebi and Amir Hortamani Index

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Book SynopsisThe Handbook provides an impressive state-of-the-art overview of the international strategic management field as an area of scholarly inquiry. The great strength of the work is the thoughtfulness of the messages conveyed by the expert team of authors. The implications for future international strategy research and for international management practice are profound and will influence the next generation of scholars in international strategy as well as senior level managers. Corporate executives will continue to operate in a world that is far from flat and will use this volume as a reliable compass, in the form of powerful conceptual frameworks, to navigate uncharted territory in the global economy. The Handbook presents a collection of 24 original research papers that should serve international strategy scholars and reflective MNE managers alike. Contributors: L. Allen-Ford, C.G. Asmussen, G.R.G. Benito, J. Birkinshaw, P. Brugman, P. Buckley, J.P. Doh, A. Eapen, W.G. Egelhoff, T. Galvin, A.S. Gaur, N. Greidanus, B. Grogaard, B.L. Kedia, A. Kolk, R. Krishnan, J. Li, Y. Li, S.M. Lundan, H. Merchant, D. Mukherjee, R. Narula, N.G. Noorderhaven, J. Oetzel, L. Oxelheim, B. Petersen, J. Pinkse, S. Prashantham, T. Randoy, M. Rivera-Santos, C. Rufin, A.M. Rugman, G.D. Santangelo, D. Singh, A. Stonehill, D. Szyliowicz, R.L. Tung, A. Verbeke, L.S. Welch, J. Wolf, H.E. Yildiz, L. Zander, U. ZanderTrade Review’Verbeke and Merchant have assembled a remarkable collection of brand new essays by the who's-who of international business. It will become a standard reference for both junior and senior scholars working in this increasingly important area.’ - Ravi Ramamurtim, Northeastern University, US ’Leading thinkers about the multinational enterprise offer both concise syntheses and critical reflections of the state of the art on international strategic management research. They in particular highlight the potential of internalization theory as a central paradigm for the field, and critically examine pertinent issues such as the complex notion of distance in international business. Refreshingly, they do not shy away from naming flaws in recent work, while offering avenues to improve the quality and impact of future research.’ - Klaus Meyer, University of Bath, UKTable of ContentsContents: Introduction Alain Verbeke and Hemant Merchant PART I: CONCEPTUAL FOUNDATIONS OF INTERNATIONAL STRATEGIC MANAGEMENT 1. Twenty Key Hypotheses that Make Internalization Theory the General Theory of International Strategic Management Birgitte Grøgaard and Alain Verbeke 2. The End of the Opportunism versus Trust Debate: Bounded Reliability as a New Envelope Concept in Research on MNE Governance Alain Verbeke and Nathan Greidanus 3. The New Eclectic Paradigm and International Business Strategy Sarianna M. Lundan 4. The Multinational Enterprise as a Global Factory Peter Buckley 5. Dynamics of Foreign Operation Modes and their Combinations: Insights for International Strategic Management Gabriel R.G. Benito, Bent Petersen and Lawrence S. Welch 6. Triple Testing the Quality of Multinationality–Performance Research Alain Verbeke and Paul Brugman PART II: STRUCTURAL COMPLEXITIES IN INTERNATIONAL STRATEGIC MANAGEMENT 7. New Ideas about Organizational Design for Modern MNEs William G. Egelhoff and Joachim Wolf 8. Initiative in Multinational Subsidiaries Julian Birkinshaw and Shameen Prashantham 9. Collaboration Across Borders: Benefits to Firms in an Emerging Economy Rekha Krishnan, Niels G. Noorderhaven and Alex Eapen 10. Joint Venture Configurations in Big Emerging Markets Hemant Merchant 11. Building Competitive Advantage in International Acquisitions: Grey Box Conditions, Culture, Status and Meritocracy Udo Zander, Lena Zander and H. Emre Yildiz 12. What Can International Finance Add to International Strategy? Lars Oxelheim, Trond Randøy and Arthur Stonehill PART III: THE IMPLICATIONS OF DISTANCE FOR INTERNATIONAL STRATEGY 13. A New Perspective on the Regional and Global Strategies of Multinational Services Firms Alan M. Rugman and Alain Verbeke 14. Foundations of Regional versus Global Strategies of MNEs Christian Geisler Asmussen 15. New Insights on the Role of Location Advantages in International Innovation Rajneesh Narula and Grazia D. Santangelo 16. The Tenuous Link between Cultural Distance and International Strategy: Navigating the Assumptions of Cross-Cultural Research Hemant Merchant, Rosalie L. Tung and Alain Verbeke 17. Institutional Distance and International Strategy Deeksha Singh and Ajai S. Gaur 18. Real Options Theory and International Investment Strategy: Past, Present and Future Jing Li, Yong Li and Alan M. Rugman PART IV: NEW TOPICS IN INTERNATIONAL STRATEGIC MANAGEMENT 19. Management Research on Emerging Markets: Existing Trends and Future Opportunities Hemant Merchant and Lori Allen-Ford 20. Institutions and International Entrepreneurship Dara Szyliowicz and Tiffany Galvin 21. Offshoring and MNC Strategy Debmalya Mukherjee and Ben L. Kedia 22. Bottom-of-the-Pyramid Strategies and Networks Miguel Rivera-Santos and Carlos Rufín 23. Reconceptualizing the MNE–Development Relationship: The Role of Complementary Resources Jonathan P. Doh and Jennifer Oetzel 24. Multinational Enterprises and Climate Change Strategies Ans Kolk and Jonatan Pinkse Index

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Book SynopsisThis path-breaking book provides unique insights into the organisational realities of strategic reconfigurations in uncertain markets, thus advancing the dynamic capability perspective.Dynamic capabilities continue to excite academics. It is a perspective that promises explanations of competitive advantage, but its full potential remains somewhat hidden behind abstract notions. This eloquent volume seeks to overcome the challenge by combining the theory and practice of organisational resource configurations. Joint contributions by expert academics and business executives demystify, but also confirm, elements of the theory. Thus, the book integrates dynamic capabilities with organisational realities as well as with adjacent theories of strategic innovation and entrepreneurship. Strategic Reconfigurations provides a guide to strategic management in turbulent times, for students, researchers, and professionals alike. Business executives in high-velocity markets will find the book invaluable.Trade Review‘In a world of ever increasing talent and ever more rapid creation of new knowledge, and in a world that is growing in complexity by the day, it is truly intriguing to learn of capabilities for success and failure in rapid innovation-based industries. The fusion of academic concepts and empirical insights make this book a source of inspiration for inquiring managers.’ -- Norbert Walter, Chief Economist of Deutsche Bank and CEO of Deutsche Bank Research, Germany‘This volume represents a most welcome and important contribution to the emergent and fast-growing dynamic capabilities view (DCV) of the firm and sustainable competitive advantage. It simultaneously helps to assess critically, integrate with a wide range of other perspectives, broaden the scope, and deepen the conceptual foundations of the DCV. In addition and importantly, it links DCV to, and contrasts it with, managerial practice. The authors’ dispassionate approach is a further plus. The editors have done an excellent job and should be congratulated for this work that should be a must-read.’ -- Christos Pitelis, Reader in International Business and Competitiveness, University of Cambridge, UKTable of ContentsContents: Foreword David Teece Introduction Stuart Wall, Carsten Zimmermann, Ronald Klingebiel and Dieter Lange PART I: DYNAMIC CAPABILITIES AND ORGANISATIONAL THEORY 1. Leveraging Dynamic Capabilities: A Contingent Management Control System Approach Ian McCarthy and Brian Gordon 2. The Impact of Opposing Governance Systems on Radical innovation: Insights from the Dynamic Capabilities View Michael Horn and Carsten Zimmermann 3. Shaping the Context for Learning: Corporate Alignment Initiatives, Environmental Munificence and Firm Performance Sebastian Raisch and Florian Hotz 4. The Knowledge-based Perspective on Dynamic Capabilities Aino Kianto and Paavo Ritala PART II: DYNAMIC CAPABILITIES AND STRATEGIC ENTREPRENEURSHIP 5. Strategic Management Theory and the State: Insights from the Dynamic Capabilities View Dan Breznitz and Carsten Zimmermann 6. Resource Acquisition and Venture Survival in the Telecommunications Industry Berna Polat 7. Growth Paths and Economic Success Thomas Hutzschenreuter, Fabian Günther and Johannes Voll 8. Deploying Strategic Initiatives: Further Consideration of the Flexibility–Stability Balance Ronald Klingebiel 9. A Dynamic Capability Framework: Generic Types of Dynamic Capabilities and their Relationship to Entrepreneurship Einar Lier Madsen PART III: DYNAMIC CAPABILITIES IN PRACTICE 10. The Power of Fixed Mobile Convergence: The Changes in the Telecommunications Industry and the Role of Dynamic Capabilities Stefanie Düker, Silvia Boßow-Thies, Philipp Zimmermann and Dieter Lange 11. Strategic Value Chain Redefinitions: Operationalising the Dynamic Capability View Ronald Klingebiel and Dieter Lange Index

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Book SynopsisThis in-depth book explains how institutional changes such as the privatization and liberalization of network industries, for example transport, energy or telecommunications, can frequently be disappointing. The expected benefits such as lower prices, innovation and better services fail to materialize, often because the number of competitors is low. The authors demonstrate how strategic actor behaviour of one or more of the firms involved can help explain these disappointing results. This book elucidates the concept of 'strategic behaviour' and portrays it in real-life examples to aid our understanding of this important phenomenon in terms of policy and organizational decision-making. It clearly demonstrates the adverse effects strategic behaviour can exert on the quality of infrastructure provision after liberalization. The theoretical sections are backed by empirical examples from throughout the world.The unique multidisciplinary approach will ensure a broad readership among students, researchers and policy-makers with an interest in the economics, politics and management of infrastructure and network industries.Trade Review'This book convincingly argues that - from a theoretical point of view - present day network industries offer opportunities for strategic behaviour and that these opportunities are also actually utilized in practice. The authors show that this behaviour can be harmful to the realization of the expected positive effects of institutional changes such as liberalization and privatization (e.g., innovation and lower prices). The authors make their case in a solid theoretical way illustrated with insightful case studies. This book is a must for academics, managers and policy makers in today's network industries.' -- John Groenewegen, Delft University of Technology, The NetherlandsTable of ContentsContents: Foreword 1. Introduction 2. Defining Strategic Behaviour 3. General Breeding Grounds for Strategic Behaviour 4. Recent Trends in Infrastructure-based Sectors 5. The EU–US 2007 Open Skies Treaty 6. Enron by Mark de Bruijne 7. American Telephone and Telegraph Company 8. UMTS Spectrum Auctions in the EU 9. Microsoft 10. Analysis 11. Counterarrangements Index

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Book SynopsisThis groundbreaking book explores the relationship between organizational identity and strategy and proposes a practical strategy making process that helps to avoid the typical pitfalls in strategic change processes. In doing so, the author bridges an important gap in management and strategy literature and explains how to practically link content and process when designing market strategies. A new conceptual framework is also presented which emphasizes the importance and dynamics of organizational identity and corresponding time discrepancies for strategy making.Whilst most strategists use the economically and analytically 'best' strategy as a measure, Olaf Rughase introduces a new measure for strategy making that takes personal feelings, values and aspirations of organizational members into account. Claiming that individually desired organizational identities - which can be seen as individual visions - give direction, motivation and impetus for strategy action and development, he suggests reaching a shared desired organizational identity which should then be taken as a strategy measure. Using rational and analytical factors the shared desired identity is then challenged and evolved until an attainable market strategy that works in practice is reached. In this way he also shows how the organization's customers can be closely connected to organizational identity in practical strategy making.By weaving both practice and theory together, this fascinating book provides a fresh voice on compelling management issues and will be invaluable to academics, researchers, practitioners, consultants and students with an interest in strategic and organizational management.Trade Review'This book exemplifies one of the most complete and rigorous examples of scholarship relative to its subject matter that I have ever seen.' -- Russell L. Ackoff, University of Pennsylvania, US'This is a book written by someone who makes a living from helping organizations make strategy. It is also, though, written by a scholar - someone who has thought hard about the topic and knows what other scholars think. This mix makes a book that is both thorough, well argued, and yet of great significance for consultants and managers. It unashamedly takes an "inside-out" view of strategy making, and this is what makes it so practical. It focuses on what those who manage want to do with their organization, rather than on some notion of what they "should" do. The book takes the field of strategic management forward by bringing theory and practice together - more management writing needs to come from practitioner scholars.' -- Colin Eden, University of Strathclyde Graduate School of Business, UK'Olaf Rughase successfully unlocks important insights for creative market strategy development by linking it to central ideas about organizational identity. He provides a compelling theoretical rationale and useful practical process insights for how to induce creative market strategy formation through articulating current desired organizational identities. The book is clearly written, the claims well documented and well illustrated, providing a fresh and useful perspective on how to enable market strategies that work.' -- Jane E. Dutton, University of Michigan, US'In his well-researched book, Olaf Rughase introduces a new element into the concept of strategy which has so far been neglected to a surprising degree: the human factor. Strategy development certainly consists of data research, analysis and synthesis - but after all, it is at least as much driven by fear and hope, will and might, the vision and the experience of the people involved. Only approaches that take this into account can claim any relevance for real-life strategy making. Viewed in this light, Olaf Rughase's book fills a gaping hole in the existing world of strategic thinking.' -- Jorg Fengler, Management Consultancy, E.ON Ruhrgas AG, GermanyTable of ContentsContents: Foreword by Anne S. Huff Resurrecting the Future of Strategy Consulting by Franz Liebl Introduction 1. Identity as a Blind Spot in Strategy Making 2. What is Organizational Identity? 3. Identity and Strategy: A Dynamic Framework for Connecting the Past with the Future 4. The Impact of Desired Identities: What Does it Mean for Strategy Making in Practice? 5. How to Evolve a Desired and Attainable Market Strategy: Designing a Strategy Making Process 6. Designed Strategy Making in Practice: A Case Study 7. The Impact of Identity: Lessons Learned 8. Conclusions Bibliography Index

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Book SynopsisStrategic choices made by entrepreneurs have major consequences for SME performance. This book explores the factors that influence entrepreneurial strategic decisions using a cognitive theoretical framework.The proposed model, based on a dual processing approach, integrates motivation, emotions and information processing modes and is tested in several empirical studies. The results show the model's potential for furthering interesting research agendas in entrepreneurial cognition research. The authors also reveal that entrepreneurial cognitions can be elicited and represented in the form of cognitive maps. The structural complexity of the cognitive maps (cognitive complexity) is an important prerequisite of effective strategic decisions and is a core concept for the advancement of our knowledge in entrepreneurial cognition. The book is an informed and interesting exploration of entrepreneurial cognition with both theoretical and methodological contributions to this field of research.Entrepreneurial Strategic Decision-Making will be of great interest to undergraduate students and academics in the field of entrepreneurship. Policymakers will learn from this book to understand the distinctions between various types of entrepreneurial decision-makers and the way they make strategic decisions.Trade Review'This book is a commendable source of reference for entrepreneurship researchers. It offers insight into a number of focused research accounts that may assist other researchers in their entrepreneurship research proposals and execution. . . the literature review section will be of particular value to such early scholars of the field. The book is highly recommended for postgraduate entrepreneurship students and would be worthy of filling a space on any active entrepreneurship researcher's bookshelf.' -- David Douglas, International Journal of Entrepreneurial Behaviour and ResearchTable of ContentsContents: Preface 1. Entrepreneurs and Strategic Decisions Patrick A.M. Vermeulen and Petru L. Curseu PART I: OVERVIEW OF THE LITERATURE 2. The Decision-making Entrepreneur: A Literature Review Petra Gibcus, Patrick A.M. Vermeulen and Elissaveta Radulova 3. The Psychology of Entrepreneurial Strategic Decisions Petru L. Curseu, Patrick A.M. Vermeulen and René M. Bakker 4. The Role of Cognitive Complexity in Entrepreneurial Strategic Decision-making Petru L. Curseu PART II: EMPIRICAL STUDIES 5. Strategic Decision-making Processes in SMEs: An Exploratory Study Petru Gibcus and Peter van Hoesel 6. Entrepreneurial Decision Styles and Cognition in SMEs Gerardus J.M. Lucas, Patrick A.M. Vermeulen and Petru L. Curseu 7. Entrepreneurial Decision-makers and the Use of Biases and Heuristics Marijn J.J. de Kort and Patrick A.M. Vermeulen 8. Risk, Uncertainty and Stakeholder Involvement in Entrepreneurial Decision-making Jaap van den Elshout and Patrick A.M. Vermeulen 9. Entrepreneurial Experience and Innovation: The Mediating Role of Cognitive Complexity Petru L. Curseu and Dinie Louwers 10. Social Capital, Cognitive Complexity and the Innovative Performance of SMEs Daniëlle G.W.M. van Gestel 11. Cognitive Complexity, Industry Dynamism and Risk Taking in Entrepreneurial Decision-making Sjoerd Bosgra 12. Conclusions: An Outline of ESDM Research Petru L. Curseu and Patrick A.M. Vermeulen References Index

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Book SynopsisFirms adopt a wide variety of ecological strategies, ranging from the development of innovative products with reduced environmental impact to lobbying against governmental attempts to set standards for the way in which firms deal with the natural environment. This book explores this variety and is the first to provide a coherent evolutionary approach to the ecological strategies of firms. Drawing on insights from organization and management sciences and innovation studies, the author outlines an evolutionary framework enabling a deeper understanding of how firms shape ecological strategies and interact to create inertia or change at the level of systems of production and consumption. This framework is applied to the coffee and automobile production and consumption systems, yielding insight into the complex dynamics through which such systems evolve in dealing with ecological impact. The book advances theoretical insight into business strategies and the natural environment and illuminates the dynamics of production and consumption systems.Scholars, students and practitioners from organization and management sciences, innovation studies and industrial ecology interested in the relationship between business and the natural environment will find this book invaluable.Trade Review'Boons has produced a thoroughly well researched, informed and informative study on creating economic and ecological value. Written for those interested in business and sustainability whether they be academic faculty, students or business people who have both the interest and time, this book will repay some careful and close reading.' -- John Blewitt, Environmental Values'Creating Ecological Value is a timely contribution that matches recent trends in innovation economics suggesting that an evolutionary notion of system innovations and a sector-specific industrial dynamics perspective are a suitable analytical framework for the way in which firms address sustainability challenges through innovation.' -- Marcus Wagner, University of Wurzburg, Germany'We cannot expect to solve the environmental problems we face today by narrowing our focus on single firms. We need to think more systemically. In his book, Creating Ecological Value, Frank Boons takes on this challenge. While his research begins by exploring the diversity of environmental strategies adopted by companies, he moves his analysis next to the level of the production and consumption systems to understand how these strategies shape and alter them. His work considers how the diffusion of strategies and novel approaches can be facilitated but also finds that the systems into which these strategies are imposed are resilient and, at times, resistant to change. He offers plenty of ideas to ponder as we consider how the market system as a whole addresses environmental issues.' -- Andrew J. Hoffman, The University of Michigan, US'Humans as scientists and managers often draw on metaphors to help describe and understand the complex issues they observe or manage. As human activities begin to bump up against the constraints set by natural systems there is a tendency to search for metaphors from natural science - biomimicy or industrial ecology - have been around for some time now. In this book, Frank Boons explores the power of ideas from evolutionary science as metaphor to understand economic systems. This is complex work, but, he does it with skill; remembering that a metaphor is powerful not just in what it explains but even more in what it doesn't serve to explain.' -- Nigel Roome, Free University of Brussels, Belgium and TiasNimbas Business School, Tilburg, The NetherlandsTable of ContentsContents: Preface 1. How do Firms Create Ecological Value? 2. Definitions of Ecological Value: Patches of History 3. Technological Change and Strategic Perspectives 4. Elements of Strategic Perspectives and the Internal Dynamics of Firms 5. Shaping Strategic Perspectives through Resource Networks 6. The Coffee PCS 7. The Automobile PCS 8. An Evolutionary Approach Towards the Strategic Perspectives of Firms 9. The Future of Creating Ecological Value Bibliography Index

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Book SynopsisThe Handbook of Research on Strategy Process reveals the current state of the art of strategy process research as a whole as well as emerging research initiatives. It also discusses managerial and organizational factors affecting strategy implementation. Written by a blend of both leading researchers in the field and younger, emerging scholars, this insightful Handbook explores new directions in strategy process research. The authors examine family businesses, non-family firms, educational institutions, and government organizations and provide contextualized accounts of strategy process in specific organizational settings. to provide comprehensive coverage of strategy process, this book will prove inspirational to academics, students and researchers of entrepreneurship and strategic management. Practitioners and consultants will also find this volume thought-provoking.Trade Review’Strategy-making processes matter a great deal. They determine the content, scope and quality of a firm's strategic choices as well as their implementation. Mazzola and Kellermanns rejuvenate research on strategy-making processes by bringing an important set of perspectives together, providing an innovative view of the actors and processes involved in strategy-making processes in diverse settings. The volume highlights the role of imaginative strategy in altering competitive dynamics and creating value. It is an important contribution to the field.’ -- Shaker A. Zahra, University of MinnesotaTable of ContentsContents: Introduction Pietro Mazzola and Franz W. Kellermanns PART I: REFLECTIONS 1. The Development of Strategy Process Research and the Most Influential Articles and Authors Ofer H. Azar and David M. Brock 2. Shifting Focus from the Determinants to the Origin: The Foundations of a Dynamic View of Managerial Discretion Ingo Kleindienst and Thomas Hutzschenreuter 3. The Politics of Strategy Process Duane Windsor 4. The Strategic Arena Approach to Strategy Process Research Anders Melander, Leif Melin and Mattias Nordqvist 5. Strategy Process Research and the RBV: Social Barriers to Imitation Patrick Regnér 6. The Feedback Structure of the Strategy Process and Top Management’s Role in Shaping Emerging Strategic Behavior Vittorio Coda and Edoardo Mollona 7. Putting the Manager Back into the Picture: The Value of a Strategy Process Perspective Torsten Schmid, Steven W. Floyd and Bill Wooldridge PART II: DELIBERATE STRATEGIES 8. Making Strategy Work: A Literature Review on the Factors Influencing Strategy Implementation Li Yang, Guo-hui Sun and Martin J. Eppler 9. Five Alternative Approaches to the Strategic Reorientation Process Robert Chapman Wood and Osvald M. Bjelland 10. Managerial Interplay: Linking Intent to Realized Strategy Bill Wooldridge and J. Ignacio Canales 11. Banking on Ambidexterity: A Longitudinal Study of Ambidexterity, Volatility and Performance Amir Sasson and Mario Minoja 12. From Theory to Action: The Story of One Strategy Paul N. Friga PART III: EMERGING STRATEGIES 13. Strategic Initiatives: Past, Present and Future Christoph Lechner and Markus Kreutzer 14. The Risky Prospects of Entrepreneurial Initiatives: Bias Duality and Bias Reversal in Established Firms James J. Chrisman, Alain Verbeke and Erick P.C. Chang 15. Entrepreneurial Orientation: The Driving Force for Corporate Entrepreneurship Esra Memili, G.T. Lumpkin and Gregory G. Dess 16. A Complexity Perspective on Strategic Process Research Terry B. Porter PART IV: SPECIAL TOPICS 17. Strategic Decision Processes in the Realm of Strategic Alliances Jorge Walter 18. A Review of Research Progress in Understanding the Acquisition Integration Process: Building Directions for Future Research Annette L. Ranft, Frank C. Butler and Jennifer C. Sexton 19. Internationalization Process Alvaro Cuervo-Cazurra 20. Constructing Power to Drive Strategy Processes in Multinational Firms Markus Venzin 21. Perceptions, Processes and Performance During Organizational Decline Michael R. Braun and Scott F. Latham 22. An Institutional View of Process Strategy in the Public Sector P. Devereaux Jennings, Paul A. Zandbergen and Martin L. Martens 23. Public Sector and Strategic Management: The Case Study at the US Army Corps of Engineers Anil Patel 24. The OODA Loop: A New Strategic Management Approach for Family Business Joseph H. Astrachan, Chester W. Richards, Gaia G. Marchisio and George E. Manners Index

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Book SynopsisThe emergence of platforms is a novel phenomenon impacting most industries, from products to services. Industry platforms such as Microsoft Windows or Google, embedded within industrial ecosystems, have redesigned our industrial landscapes, upset the balance of power between firms, fostered innovation and raised new questions on competition and innovation. Annabelle Gawer presents cutting-edge contributions from 24 top international scholars from 19 universities across Europe, the USA and Asia, from the disciplines of strategy, economics, innovation, organization studies and knowledge management. The novel insights assembled in this volume constitute a fundamental step towards an empirically based, nuanced understanding of the nature of platforms and the implications they hold for the evolution of industrial innovation. The book provides an overview of platforms and discusses governance, management, design and knowledge issues.With a multidisciplinary approach, this book will strongly appeal to academics and advanced students in management, innovation, strategy, economics and design. It will also prove an enlightening read for business managers in IT industries.Trade Review'In her pioneering book Platform Leadership (with Michael Cusumano), Gawer gave us the strategy of building coalitions of customers, suppliers, and complementors. Now, she brings together a number of the leading researchers in the area of platform strategy to give us a book that will be a key reference for both practitioners and academics.' -- Adam Brandenburger, New York University, US'Annabelle Gawer's collected volume of research shows that a vibrant community of scholars has arisen around platforms and innovation. Each of the chapters is first rate, with top researchers offering some of their latest work. This will be an indispensable book for students of innovation and technology management everywhere.' -- Henry Chesbrough, University of California, Berkeley, US'Annabelle Gawer's Platforms, Markets and Innovation is the first serious exploration of the critical but subtle role that platforms play in business, society and our personal lives. As digital technologies penetrate every nook and cranny of the world around us, we rely on platforms to both help us use the new technologies, as well as to organize new markets of innovation that add applications on top of the platforms and make them far more valuable. Dr Gawer's excellent book is designed to help us understand the mysterious nature of platforms. It brings together the insights of twenty-four experts around the world who contributed to the fourteen chapters of the book. Dr Gawer's book is invaluable to anyone trying to understand the nuanced nature of platforms, and their implications for the evolution of innovation in the 21st century.' -- Irving Wladawsky-Berger, IBM Academy of Technology, USTable of ContentsContents: 1. Platforms, Markets and Innovation: An Introduction Annabelle Gawer PART I: PLATFORMS: OVERVIEW 2. The Architecture of Platforms: A Unified View Carliss Y. Baldwin and C. Jason Woodard 3. Platform Dynamics and Strategies: From Products to Services Annabelle Gawer 4. The Role of Services in Platform Markets Fernando F. Suarez and Michael A. Cusumano 5. How Catalysts Ignite: The Economics of Platform-Based Start-Ups David S. Evans PART II: PLATFORMS: OPEN, CLOSED AND GOVERNANCE ISSUES 6. Opening Platforms: How, When and Why? Thomas R. Eisenmann, Geoffrey Parker and Marshall Van Alstyne 7. Platform Rules: Multi-Sided Platforms as Regulators Kevin J. Boudreau and Andrei Hagiu 8. Protecting or Diffusing a Technology Platform: Tradeoffs in Appropriability, Network Externalities, and Architectural Control Melissa A. Schilling 9. Open Platform Development and the Commercial Internet Shane Greenstein PART III: PLATFORMS: MANAGEMENT, DESIGN AND KNOWLEDGE ISSUES 10. Outsourcing of Tasks and Outsourcing of Assets: Evidence from Automotive Supplier Parks in Brazil Mari Sako 11. Platforms for the Design of Platforms: Collaborating in the Unknown Pascal Le Masson, Benoit Weil and Armand Hatchuel 12. Design Rules for Platform Leaders Stefano Brusoni and Andrea Prencipe 13. Detecting Errors Early: Management of Problem Solving in Product Platform Projects Ramsin Yakob and Fredrik Tell 14. The Effect of Technological Platforms on the International Division of Labor: A Case Study of Intel’s Platform Business in the PC Industry Hirofumi Tatsumoto, Koichi Ogawa and Takahiro Fujimoto Index

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Book SynopsisThis research review is an essential guide to the most important research in the area of competitive strategy. This research review contains articles that contribute to the understanding of competitive effects at industry, firm, group and dyad levels and also focuses more deeply on the competitive capabilities of individual firms, including those required to succeed in dynamic competitive environments.Table of ContentsContents: Acknowledgements Introduction Catherine A. Maritan and Margaret A. Peteraf PART I INDUSTRY VERSUS FIRM-LEVEL EFFECTS 1. Richard P. Rumelt (1991), ‘How Much Does Industry Matter?’ 2. Anita M. McGahan and Michael E. Porter (1997), ‘How Much Does Industry Matter, Really?’ PART II COMPETITION IN INDUSTRIES 3. Marvin B. Lieberman (1987), ‘The Learning Curve, Diffusion, and Competitive Strategy’ 4. Marvin B. Lieberman and David B. Montgomery (1988), ‘First-Mover Advantages’ 5. Richard Makadok (1998), ‘Can First-Mover and Early-Mover Advantages Be Sustained in an Industry with Low Barriers to Entry/Imitation?’ 6. J. Myles Shaver and Fredrick Flyer (2000), ‘Agglomeration Economies, Firm Heterogeneity, and Foreign Direct Investment in the United States’ 7. Brian S. Silverman, Jackson A. Nickerson and John Freeman (1997), ‘Profitability, Transactional Alignment, and Organizational Mortality in the U.S. Trucking Industry’ 8. Tammy L. Madsen and Gordon Walker (2007), ‘Incumbent and Entrant Rivalry in a Deregulated Industry’ 9. Rajshree Agarwal, M.B. Sarkar and Raj Echambadi (2002), ‘The Conditioning Effect of Time on Firm Survival: An Industry Lifecycle Approach’ 10. Tomo Noda and David J. Collis (2001), ‘The Evolution of Intraindustry Firm Heterogeneity: Insights From a Process Study’ PART III COMPETITIVE INTERACTION 11. Ming-Jer Chen, Ken G. Smith and Curtis M. Grimm (1992), ‘Action Characteristics as Predictors of Competitive Responses’ 12. Danny Miller and Ming-Jer Chen (1994), ‘Sources and Consequences of Competitive Inertia: A Study of the U.S. Airline Industry’ 13. Ming-Jer Chen and Donald C. Hambrick (1995), ‘Speed, Stealth, and Selective Attack: How Small Firms Differ from Large Firms in Competitive Behavior’ 14. Ming-Jer Chen (1996), ‘Competitor Analysis and Interfirm Rivalry: Toward a Theoretical Integration’ 15. Joel A.C. Baum and Helaine J. Korn (1996), ‘Competitive Dynamics of Interfirm Rivalry’ 16. Javier Gimeno (1999), ‘Reciprocal Threats in Multimarket Rivalry: Staking Out “Spheres of Influence” in the U.S. Airline Industry’ 17. Colin F. Camerer (1991), ‘Does Strategy Research Need Game Theory?’ 18. Govert Vroom (2006), ‘Organizational Design and the Intensity of Rivalry’ 19. Glenn MacDonald and Michael D. Ryall (2004), ‘How do Value Creation and Competition Determine Whether a Firm Appropriates Value?’ 20. Edward J. Zajac and Max H. Bazerman (1991), ‘Blind Spots in Industry and Competitor Analysis: Implications of Interfirm (Mis)Perceptions for Strategic Decisions’ 21. Marvin B. Lieberman and Shigeru Asaba (2006), ‘Why Do Firms Imitate Each Other?’ 22. Jan W. Rivkin (2000), ‘Imitation of Complex Strategies’ 23. Henrich R. Greve (1996), ‘Patterns of Competition: The Diffusion of a Market Position in Radio Broadcasting’ PART IV COMPETITION AT THE GROUP LEVEL 24. John McGee and Howard Thomas (1986), ‘Strategic Groups: Theory, Research and Taxonomy’ 25. Jay B. Barney and Robert E. Hoskisson (1990), ‘Strategic Groups: Untested Assertions and Research Proposals’ 26. David Dranove, Margaret Peteraf and Mark Shanley (1998), ‘Do Strategic Groups Exist? An Economic Framework for Analysis’ 27. Karel O. Cool and Dan Schendel (1987), ‘Strategic Group Formation and Performance: The Case of the U.S. Pharmaceutical Industry, 1963–1982’ 28. Karel Cool and Ingemar Dierickx (1993), ‘Rivalry, Strategic Groups and Firm Profitability’ 29. Rhonda K. Reger and Anne Sigismund Huff (1993), ‘Strategic Groups: A Cognitive Perspective’ 30. Margaret Peteraf and Mark Shanley (1997), ‘Getting to Know You: A Theory of Strategic Group Identity’ 31. Joseph F. Porac, Howard Thomas, Fiona Wilson, Douglas Paton and Alaina Kanfer (1995), ‘Rivalry and the Industry Model of Scottish Knitwear Producers’ 32. Danny Miller (1996), ‘Configurations Revisited’ Volume II Acknowledgements An introduction to both volumes by the editors appears in Volume I PART I RESOURCES AND COMPETITIVE ADVANTAGE 1. Richard P. Rumelt (1984), ‘Towards a Strategic Theory of the Firm’ 2. Richard Reed and Robert J. DeFillippi (1990), ‘Causal Ambiguity, Barriers to Imitation, and Sustainable Competitive Advantage’ 3. Jay Barney (1991), ‘Firm Resources and Sustained Competitive Advantage’ 4. Margaret A. Peteraf (1993), ‘The Cornerstones of Competitive Advantage: A Resource-based View’ 5. Raphael Amit and Paul J.H. Schoemaker (1993), ‘Strategic Assets and Organizational Rent’ 6. Joseph T. Mahoney and J. Rajendran Pandian (1992), ‘The Resource-based View Within the Conversation of Strategic Management’ 7. Sidney G. Winter (1995), ‘Four Rs of Profitability: Rents, Resources, Routines, and Replication’ 8. Christine Oliver (1997), ‘Sustainable Competitive Advantage: Combining Institutional and Resource-based Views’ 9. Rebecca Henderson and Iain Cockburn (1994), ‘Measuring Competence? Exploring Firm Effects in Pharmaceutical Research’ 10. Danny Miller and Jamal Shamsie (1996), ‘The Resource-based View of the Firm in Two Environments: The Hollywood Film Studios from 1936 to 1965’ 11. Russell W. Coff (1999), ‘When Competitive Advantage Doesn't Lead to Performance: The Resource-Based View and Stakeholder Bargaining Power’ 12. Adelaide Wilcox King and Carl P. Zeithaml (2001), ‘Competencies and Firm Performance: Examining the Causal Ambiguity Paradox’ 13. Margaret A. Peteraf and Jay B. Barney (2003), ‘Unraveling the Resource-Based Tangle’ PART II RESOURCE ACQUISITION AND CAPABILITY DEVELOPMENT 14. Jay B. Barney (1986), ‘Strategic Factor Markets: Expectations, Luck, and Business Strategy’ 15. Ingemar Dierickx and Karel O. Cool (1989), ‘Asset Stock Accumulation and Sustainability of Competitive Advantage’ 16. Jerker Denrell, Christina Fang and Sidney G. Winter (2003), ‘The Economics of Strategic Opportunity’ 17. Anne Marie Knott, David J. Bryce and Hart E. Posen (2003), ‘On the Strategic Accumulation of Intangible Assets’ 18. Gonçalo Pacheco-de-Almeida, James E. Henderson and Karel O. Cool (2008), ‘Resolving the Commitment versus Flexibility Trade-off: The Role of Resource Accumulation Lags’ 19. Catherine A. Maritan (2001), ‘Capital Investment as Investing in Organizational Capabilities: An Empirically Grounded Process Model’ 20. Giovanni Dosi, Richard R. Nelson and Sidney G. Winter (2000), ‘Introduction: The Nature and Dynamics of Organizational Capabilities’ 21. Constance E. Helfat and Marvin B. Lieberman (2002), ‘The Birth of Capabilities: Market Entry and the Importance of Pre-History’ 22. Steven Klepper and Kenneth L. Simons (2000), ‘Dominance by Birthright: Entry of Prior Radio Producers and Competitive Ramifications in the U.S. Television Receiver Industry’ 23. Constance E. Helfat and Margaret A. Peteraf (2003), ‘The Dynamic Resource-Based View: Capability Lifecycles’ PART III DYNAMIC CAPABILITIES 24. David J. Teece, Gary Pisano and Amy Shuen (1997), ‘Dynamic Capabilities and Strategic Management’ 25. Kathleen M. Eisenhardt and Jeffrey A. Martin (2000), ‘Dynamic Capabilities: What Are They?’ 26. Maurizio Zollo and Sidney G. Winter (2002), ‘Deliberate Learning and the Evolution of Dynamic Capabilities’ 27. Constance E. Helfat (1997), ‘Know-How and Asset Complementarity and Dynamic Capability Accumulation: The Case of R&D’ 28. Chrisoph Zott (2003), ‘Dynamic Capabilities and the Emergence of Intraindustry Differential Firm Performance: Insights from a Simulation Study’ 29. Constance E. Helfat, Sydney Finkelstein, Will Mitchell, Margaret A. Peteraf, Harbir Singh, David J. Teece and Sidney G. Winter (2007), ‘Dynamic Capabilities Foundations’ 30. David J. Teece (2007), ‘Explicating Dynamic Capabilities: The Nature and Microfoundations of (Sustainable) Enterprise Performance’

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Book SynopsisThis authoritative collection, edited by a leading academic in the field of international and global strategy, brings together seminal papers published in the past 30 years. Areas covered in this important volume include the emergence of a global village, the advantages of a global strategy and the challenges of implementing it. This book, along with an original introduction by Professor Pedersen, will be of immense value to researchers, students and practitioners interested in international and global strategy. Table of ContentsContents Acknowledgements Introduction Torben Pedersen PART I THE EMERGENCE OF A GLOBAL VILLAGE 1. Theodore Levitt (1983), ‘The Globalization of Markets’ 2. Kenichi Ohmae (1989), ‘Managing in a Borderless World’ 3. Pankaj Ghemawat (2003), ‘Semiglobalization and International Business Strategy’ 4. Alan M. Rugman and Alain Verbeke (2004), ‘A Perspective on Regional and Global Strategies of Multinational Enterprises’ 5. Kwok Leung, Rabi S. Bhagat, Nancy R. Buchan, Miriam Erez and Cristina B. Gibson (2005), ‘Culture and International Business: Recent Advances and their Implications for Future Research’ 6. Alvaro Cuervo-Cazurra, Mary M. Maloney and Shalini Manrakhan (2007), ‘Causes of the Difficulties in Internationalization’ PART II ADVANTAGES OF A GLOBAL STRATEGY 7. Sumantra Ghoshal (1987), ‘Global Strategy: An Organizing Framework’ 8. Stephen B. Tallman (1992), ‘A Strategic Management Perspective on Host Country Structure of Multinational Enterprises’ 9. Christopher H. Lovelock and George S. Yip (1996), ‘Developing Global Strategies for Service Businesses’ 10. Tarun Khanna and Krishna Palepu (1997), ‘Why Focused Strategies May Be Wrong for Emerging Markets’ 11. Tony S. Frost (2001), ‘The Geographic Sources of Foreign Subsidiaries’ 12. C.K. Prahalad and Allen Hammond (2002), ‘Serving the World’s Poor, Profitably’ 13. Peter J. Buckley and Pervez N. Ghauri (2004), ‘Globalisation, Economic Geography and the Strategy of Multinational Enterprises’ 14. Ravi Aron and Jitendra V. Singh (2005), ‘Getting Offshoring Right’ 15. Ram Mudambi (2008), ‘Location, Control and Innovation in Knowledge-Intensive Industries’ 16. Christian Geisler Asmussen, Torben Pedersen and Charles Dhanaraj (2009), ‘Host-Country Environment and Subsidiary Competence: Extending the Diamond Network Model’ PART III CHALLENGES IN IMPLEMENTING A GLOBAL STRATEGY 17. Yves L. Doz (1980), ‘Strategic Management in Multinational Companies’ 18. Gunnar Hedlund (1986), ‘The Hypermodern MNC – A Heterarchy?’ 19. Sumantra Ghoshal and Christopher A. Bartlett (1990), ‘The Multinational Corporation as an Interorganizational Network’ 20. W. Chan Kim and Renée A. Mauborgne (1993), ‘Effectively Conceiving and Executing Multinationals’ Worldwide Strategies’ 21. Gunnar Hedlund (1994), ‘A Model of Knowledge Management and the N-Form Corporation’ 22. Harry G. Barkema, Oded Shenkar, Freek Vermeulen and John H.J. Bell (1997), ‘Working Abroad, Working with Others: How Firms Learn to Operate International Joint Ventures’ 23. Julian Birkinshaw and Neil Hood (1998), ‘Multinational Subsidiary Evolution: Capability and Charter Change in Foreign-Owned Subsidiary Companies’ 24. Tatiana Kostova and Srilata Zaheer (1999), ‘Organizational Legitimacy Under Conditions of Complexity: The Case of the Multinational Enterprise’ 25. Anil K. Gupta and Vijay Govindarajan (2000), ‘Knowledge Flows Within Multinational Corporations’ 26. Anil K. Gupta and Vijay Govindarajan (2000), ‘Managing Global Expansion: A Conceptual Framework’ 27. Timothy M. Devinney, David F. Midgley and Sunil Venaik (2000), ‘The Optimal Performance of the Global Firm: Formalizing and Extending the Integration-Responsiveness Framework’ 28. D. Minbaeva, T. Pedersen, I. Björkman, C.F. Fey and H.J. Park (2003), ‘MNC Knowledge Transfer, Subsidiary Absorptive Capacity, and HRM’ 29. Morten T. Hansen and Bjørn Løvås (2004), ‘How do Multinational Companies Leverage Technological Competencies? Moving from Single to Interdependent Explanations’ 30. John Cantwell and Ram Mudambi (2005), ‘MNE Competence-Creating Subsidiary Mandates’ 31. Orly Levy, Schon Beechler, Sully Taylor and Nakiye A. Boyacigiller (2007), ‘What We Talk About When We Talk About “Global Mindset”: Managerial Cognition in Multinational Corporations’

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Book SynopsisWhich strategy making approach works best in a crisis? In current literature, the recommendations oscillate between prediction, control, and practice, but this unique book focuses specifically on strategy making in a crisis. In a crisis, the business landscape is neither stable nor predictable, resources are scarce rather than abundant, customers disappear and shareholders revolt, all of which can make prediction and control very difficult. Drawing on evidence from philosophy, and on a multi-year case study of a major multinational, Michael Gibbert points to three different kinds of imaginations and proposes a three-step model for imaginative strategy making. Introducing new topics on this subject, Strategy Making in a Crisis will strongly appeal to top-level managers, including corporate development departments, and business-unit level strategy. Postgraduate students will also receive ideas for their own theses, not only from the content, but also from the approach - which is deductive and integrates management theories using social science literature - and methodology.Trade Review'Michael Gibbert presents a thoughtful theoretical framework allowing readers to critically think about imaginations related to strategy-making. His research is based on a highly complex case and diversified context allowing us to understand the use of different theories in an integrated way.' -- - Gilbert Probst, World Economic Forum, Geneva, Switzerland'Putting imagination center stage in strategy making is a long overdue perspective, one that can renew the field. Michael Gibbert makes an important contribution through this integrative framing.' -- - Yves Doz, INSEAD, France'If you can't imagine the future of your company, how are you supposed to shape it? This book helps appreciate and execute imaginative strategy making.' -- - Martin Hoegl, WHU Otto Beisheim Graduate School of Management, GermanyTable of ContentsContents: 1. Introduction 2. Imaginative Strategy Making: Existing Frameworks 3. The Three Imaginations Step by Step 4. The Three Imaginations in Practice 5. Conclusions and Implications References Index

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Book SynopsisThe evolving field of strategy process has witnessed many developments in recent years and attracted the attention of leading academics. Professor Olk, in this authoritative volume, has selected seminal papers which consider a number of important issues regarding strategy process. Beginning with a general overview, this indispensible collection covers important topics including stage models, goal oriented models, methodology and future direction. This timely volume, with an original introduction by the editor, is particularly well suited for scholars and students in the areas of strategy process and strategic management.Table of ContentsContents: Acknowledgements Introduction Paul Olk PART I INTRODUCTION 1. Moshe Farjoun (2002), ‘Towards an Organic Perspective on Strategy’ 2. James W. Fredrickson (1983), ‘Strategic Process Research: Questions and Recommendations’ 3. Anne S. Huff and Ronda Kay Reger (1987), ‘A Review of Strategic Process Research’ 4. Henry Mintzberg and Joseph Lampel (1999), ‘Reflecting on the Strategy Process’ 5. Andrew H. van de Ven (1992), ‘Suggestions for Studying Strategy Process: A Research Note’ PART II STAGE MODELS 6. V.K. Narayanan and Liam Fahey (1982), ‘The Micro-Politics of Strategy Formulation’ 7. Bill Wooldridge and Steven W. Floyd (1989), ‘Strategic Process Effects on Consensus’ 8. Yves L. Doz, Paul M. Olk and Peter Smith Ring (2000), ‘Formation Processes of R&D Consortia: Which Path to Take? Where Does it Lead?’ 9. Charles I. Stubbart and Roger D. Smalley (1999), ‘The Deceptive Allure of Stage Models of Strategic Processes’ PART III GOAL ORIENTED MODELS 10. James Brian Quinn (1981), ‘Formulating Strategy One Step at a Time’ 11. Henry Mintzberg and James A. Waters (1982), ‘Tracking Strategy in an Entrepreneurial Firm’ 12. David E.W. Marginson (2002), ‘Management Control Systems and their Effects on Strategy Formation at Middle-Management Levels: Evidence from a U.K. Organization’ 13. Peter Smith Ring and Andrew H. van de Ven (1994), ‘Developmental Processes of Cooperative Interorganizational Relationships’ PART IV DIALECTICAL MODELS 14. Andrew M. Pettigrew (1987), ‘Context and Action in the Transformation of the Firm’ 15. John Hendry (2000), ‘Strategic Decision Making, Discourse, and Strategy as Social Practice’ 16. Patrick Regnér (2003), ‘Strategy Creation in the Periphery: Inductive Versus Deductive Strategy Making’ 17. Alfred Marcus and Donald Geffen (1998), ‘The Dialectics of Competency Acquisition: Pollution Prevention in Electric Generation’ PART V EVOLUTIONARY AND SELECTION MODELS 18. Robert A. Burgelman (1983), ‘A Process Model of Internal Corporate Venturing in the Diversified Major Firm’ 19. Robert A. Burgelman (1991), ‘Intraorganizational Ecology of Strategy Making and Organizational Adaptation: Theory and Field Research’ 20. Tomo Noda and Joseph L. Bower (1996), ‘Strategy Making as Iterated Processes of Resource Allocation’ 21. Bjorn Lovas and Sumantra Ghoshal (2000), ‘Strategy as Guided Evolution’ PART VI METHODOLOGY 22. Andrew M. Pettigrew (1990), ‘Longitudinal Field Research on Change: Theory and Practice’ 23. Peter R. Monge (1990), ‘Theoretical and Analytical Issues in Studying Organizational Processes’ 24. Brian T. Pentland (1999), ‘Building Process Theory with Narrative: From Description to Explanation’ 25. Jane E. Dutton and Stephen A. Stumpf (1991), ‘Using Behavioral Simulations to Study Strategic Processes’ PART VII FUTURE DIRECTION 26. Thomas Hutzschenreuter and Ingo Kleindienst (2006), ‘Strategy-Process Research: What Have We Learned and What is Still to be Explored’ 27. Harry Sminia (2009), ‘Process Research in Strategy Formation: Theory, Methodology and Relevance’

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Book SynopsisAs an original strategic management perspective, coopetition has hitherto been underexploited in analysing contemporary firm strategies and behaviours and, more generally, managerial practices and processes. This innovative book provides both theoretical insights and empirical evidence on coopetition.Coopetition shows great interpretive and normative potential and is likely to be an increasingly important tool. This book is one of the first key contributions in shaping and systematizing a novel coopetition agenda in the field of strategy. The book argues that coopetition is neither an extension of competition theory, nor an extension of cooperative theory. It is in fact a specific and distinctive research object, which calls for dedicated theoretical investigation to develop questions for theory, method, and managerial practice.This book provides both practitioners and academic scholars with a milestone that brings together an active community of researchers expressly mobilized around the creative in-depth scrutiny of coopetition. It will greatly appeal to researchers, scholars, and graduate students of management, business strategy competitive dynamics, and international business, as well as practitioners such as managers and consultants.Trade Review‘This book provides a diverse set of perspectives on the topic. It is very useful reading for anyone interested in understanding coopetition in multiple contexts.’ -- Devi R. Gnyawali, Virginia Tech, USTable of ContentsContents: Introduction – Coopetition Strategies: Towards a New Form of Inter-organizational Dynamics? Saïd Yami, Sandro Castaldo, Giovanni Battista Dagnino, Frédéric Le Roy and Wojciech Czakon PART I: THE EMERGENCE AND RELEVANCE OF COOPETITION STRATEGY 1. Coopetition: New Ideas for a New Paradigm Maria Bengtsson, Jessica Eriksson and Joakim Wincent 2. The Promise of Coopetition as a New Theoretical Perspective in Strategic Management Marco Galvagno and Francesco Garraffo 3. Emerging Coopetition: An Empirical Investigation of Coopetition as Inter-organizational Relationship Instability Wojciech Czakon 4. Learning in Coopetitive Environments Philippe Baumard PART II: COOPETITION STRATEGY IN MULTIPLE CONTEXTS 5. Coopetitive Value Creation in Entrepreneurial Contexts: The Case of AlmaCube Giovanni Battista Dagnino and Marcello Mariani 6. The Role of Architectural Players in Coopetition: The Case of the US Defense Industry Colette Depeyre and Hervé Dumez 7. Exploring How Third-Party Organizations Facilitate Coopetition Management in Buyer–Seller Relationships Sandro Castaldo, Guido Möllering, Monica Grosso and Fabrizio Zerbini 8. Coopetition Among Nature-based Tourism Firms: Competition at Local Level and Cooperation at Destination Level Ossi Pesämaa and Per-Erik Eriksson PART III: COOPETITION STRATEGIES AT THE AGGREGATE LEVEL 9. Coopetition Within an Oligopoly: Impacts of a Disruptive Strategy Pierre Roy and Saïd Yami 10. Strategic Management of Coopetitive Relationships in CoPS-Related Industries Thomas Herzog 11. Coopetition Dynamics in Convergent Industries: Designing Scope Connections to Combine Heterogeneous Resources Fabio Ancarani and Michele Costabile 12. Successful Strategy for Challengers: Competition or Coopetition with Dominant Firms? Frédéric Le Roy and Patrice Guillotreau Index

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Book SynopsisThis unique book focuses on the link between different types of culture (national, corporate, professional) and the success of strategic alliances, mergers and acquisitions. Over the past decades we have seen a significant increase in the number of strategic alliances, mergers and acquisitions. Despite this proliferation many recent studies have reported high failure rates. This failure is often attributed to cultural differences between partners, which has led to a growing body of literature on the subject. To date, most of these studies have focused on national and corporate culture, whereas this book also places particular emphasis on the importance of culture at the professional level. The authors clearly show that all three levels of culture may have a profound impact upon the ultimate success or failure of alliances, mergers and acquisitions. Researchers in the field of international business, strategic management, and strategic alliances, mergers and acquisitions will find this book to be of invaluable interest. Managers in multinational corporations and international business students should also not be without this important resource.Trade Review‘Organizational flirts and marriages - alliances, mergers and acquisitions - are dramatic examples of how soft cultures can produce hard facts of success or failure. Decisions born from human vanity can lead to destruction of human capital. The chapters selected by Ulijn, Duysters and Meijer illustrate the many facets of organizational family life for the scholar and, hopefully, for the decision-maker who considers another move.’ -- Geert Hofstede, author of Culture’s ConsequencesTable of ContentsContents: Preface: Filling the Gap in Strategic Alliances, Mergers and Acquisitions Cary L. Cooper Culture, Strategic Alliances, Mergers and Acquisitions: An Introduction Elise Meijer, Geert Duysters and Jan Ulijn 1. Strategic Alliances and Culture in a Globalizing World Rajesh Kumar and T.K Das 2. Why do International Alliances Fail? Some Insights from Culture and Human Social Biology Gert Jan Hofstede 3. Creating a Supportive Culture for Corporate Entrepreneurship: Balancing Creativity and Discipline for the Development of Radical Innovation by Interfirm Cooperation Bob Walrave, Victor A. Gilsing and Michiel F. de Jager 4. Culture and its Perception in Strategic Alliances: Does it Affect Performance? An Exploratory Study into Dutch–German Ventures Jan Ulijn, Geert Duysters and Jean-Marie Fèvre 5. Cultural Differences and Homogeneity in Strategic Alliances: The Case of Trimo Trebnje (Slovenia) and Trimo VSK (Russia) Metka Tekavčič, Vlado Dimovski, Darja Peljhan and Miha Škerlavaj 6. Strategic Importance of Organizational Culture in the Context of Organizational Growth through Acquisitions: The Case of the Helios Group Nada Zupan and Robert Kaše 7. Cross-border Marriages: Dutch–Japanese and Dutch–American Combinations Frits Grotenhuis 8. Managing Potential Conflicts in a European Banking Alliance in ICT: Study of Intro- and Mutual Perception Combined for a Cultural Fit Jan Eppink, Jan Ulijn and Beatrice van der Heijden 9. Portrait of an Odd-eyed Cat: Cultural Crossing as a Trademark for a Dutch–Thai Strategic Alliance Nantawan Noi Kwanjai and J. Friso den Hertog 10. Resistance to the Transfer of Management Knowledge in International Ventures: Steps Towards a Pathologic Interpretation Gerard Fink and Nigel J. Holden Index

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Book SynopsisThis book comprises eighteen cutting edge chapters by emerging scholars in international strategy, offering a variety of fresh perspectives on critical issues that the field will face in the near future. These young scholars have unique and innovative thoughts about international strategy, which are well ahead of the mainstream of international business academics.Various topics are addressed, including the rise of outsourcing and the global spread of research and development activities; structural innovations by multinational firms, with particular attention to organizing for the efficient transfer of knowledge resources within networks of alliances; and new ways of considering the effects of location, focusing on the relative importance of regional clusters and countries and the impact of geographical and cultural distance on international strategies. Stephen Tallman has geared the book to an academic audience, specifically faculty and graduate students in international business, international management, and global strategy. Sophisticated international business practitioners will also find it an interesting read.Trade Review'Stephen Tallman has put together an excellent tome by high-quality emerging scholars that provides cutting edge knowledge on the field of international strategy. The coverage is thorough, including more traditional topics such as the outcomes of internationalization (e.g., performance, innovation, risk reduction) and market entry modes of cross-border M&As and alliances, while also exploring unique and important topics such as investment in global cities and the development of new organizational forms. It is a must read for graduate students and scholars interested in international strategy.'BR>- Michael A. Hitt, Texas A&M University, USTable of ContentsContents: Preface PART I: NEW APPROACHES TO INTERNATIONAL STRATEGY 1. Peripheral Vision for International Strategy: Exploring Vistas of the Field’s Future Luis Vives and Silviya Svejenova 2. Geographic Diversification: Risk Reduction or Operational Flexibility Seung-Hyun Lee and Chris Changwha Chung 3. Is ‘Do What You Do Best and Outsource the Rest’ an Appropriate Technology Sourcing Strategy? Brent B. Allred and K. Scott Swan 4. Types of Difficulties in Internationalization and their Consequences Alvaro Cuervo-Cazurra and C. Annique Un 5. R&D Internationalization: Building Organizational Capabilities to Balance Exploration and Exploitation Gurneeta Vasudeva and Petra Sonderegger 6. Real Options Theory and International Strategic Management Jing Li and Tony W. Tong PART II: NEW ORGANIZATIONAL FORMS FOR MULTINATIONAL COMPANIES 7. International Business Theory, Multinational Enterprise, and New Organizational Forms Jonathan Doh 8. Organizing for Discontinuous Knowledge Flows: A New Perspective on the Management of Knowledge and Innovation in MNCs Björn Ambos and Tina C. Ambos 9. Building and Leveraging Knowledge Capabilities through Cross-border Acquisitions Manuel Portugal Ferreira 10. Non-transitive Decision Making About Partner Selection in International R&D Alliances Dan Li 11. Evolution of Outcomes in International Strategic Alliances Anupama Phene PART III: LOCATION IN THE MODERN GLOBALIZING WORLD 12. Is it all a Matter of Grouping? Examining the Regional Effect in Global Strategy Research Ruth V. Aguilera, Ricardo G. Flores and Paul Vaaler 13. Global Cities and Multinational Corporation Investment Anthony Goerzen 14: Cultural and Institutional Determinants of Agglomeration Robert Salomon and Zheying Wu 15. Local Clusters with Non-local Demand: An Exploratory Study of Small Ethnic Worlds in the Indian IT Industry Florian A. Täube 16. Technology as a Remedy for Political Risks Veneta Andonova 17. The Role of Geographic Distance in FDI Roberto Ragozzino 18. Psychic Distance and Directional Equivalence: A Theoretical Framework Ronaldo Parente, Daniel W. Baack and Victor Almeida Index

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Book SynopsisThis authoritative title, co-edited by an internationally recognised expert on corporate strategy, includes seminal articles on the theory underlying corporate strategy, the empirical evidence linking corporate strategy to firm performance and the influence of the firm's upper echelon on corporate strategy. In addition, the collection includes key articles addressing methodological issues of concern to strategy researchers. This indispensable research review, with an original introduction by the editors, will be of immense value to academicians doing research in the field of corporate strategy.Trade Review‘An impressive collection of 39 classical articles on strategy. . . An invaluable reference volume.’Table of ContentsContents: Acknowledgements Introduction Margarethe Wiersema and Joseph Beck PART I CONCEPT OF STRATEGY 1. Michael E. Porter (1996), ‘What is Strategy?’ PART II THEORY OF CORPORATE STRATEGY 2. R.H. Coase (1937), ‘The Nature of the Firm’ 3. Edith Penrose (1955), ‘Limits to the Growth and Size of Firms’ 4. Oliver E. Williamson (1967), ‘Hierarchical Control and Optimum Firm Size’ 5. David J. Teece (1982), ‘Towards an Economic Theory of the Multiproduct Firm’ 6. Gareth R. Jones and Charles W.L. Hill (1988), ‘Transaction Cost Analysis of Strategy-Structure Choice’ PART III RESOURCE-BASED AND KNOWLEDGE-BASED VIEWS OF THE FIRM 7. Robert M. Grant (1996), ‘Toward a Knowledge-based Theory of the Firm’ 8. Julia Porter Liebeskind (1996), ‘Knowledge, Strategy, and the Theory of the Firm’ 9. Kathleen R. Conner and C.K. Prahalad (1996), ‘A Resource-based Theory of the Firm: Knowledge Versus Opportunism’ PART IV INDUSTRY VERSUS BUSINESS PERFORMANCE EFFECTS 10. Gary S. Hansen and Birger Wernerfelt (1989), ‘Determinants of Firm Performance: The Relative Importance of Economic and Organizational Factors’ 11. Richard P. Rumelt (1991), ‘How Much Does Industry Matter?’ 12. Thomas H. Brush and Philip Bromiley (1997), ‘What Does A Small Corporate Effect Mean? A Variance Components Simulation of Corporate and Business Effects’ 13. Edward H. Bowman and Constance E. Helfat (2001), ‘Does Corporate Strategy Matter?’ PART V CORPORATE DIVERSIFICATION 14. Michael C. Jensen (1986), ‘Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers’ 15. Birger Wernerfelt and Cynthia A. Montgomery (1988), ‘Tobin’s q and the Importance of Focus in Firm Performance’ 16. Larry H.P. Lang and René M. Stulz (1994), ‘Tobin’s q, Corporate Diversification, and Firm Performance’ 17. Philip G. Berger and Eli Ofek (1995), ‘Diversification’s Effect on Firm Value’ 18. Robert Comment and Gregg A. Jarrell (1995), ‘Corporate Focus and Stock Returns’ 19. C.K. Prahalad and Richard A. Bettis (1986), ‘The Dominant Logic: A New Linkage Between Diversity and Performance’ 20. David J. Collins and Cynthia A. Montgomery (1998), ‘Creating Corporate Advantage’ 21. Brian S. Silverman (1999), ‘Technological Resources and the Direction of Corporate Diversification: Toward an Integration of the Resource-Based View and Transaction Cost Economics’ 22. James Robins and Margarethe F. Wiersema (1995), ‘A Resource-Based Approach to the Multibusiness Firm: Empirical Analysis of Portfolio Interrelationships and Corporate Financial Performance’ 23. Belén Villalonga (2004), ‘Diversification Discount or Premium? New Evidence from the Business Information Tracking Series’ 24. Constantinos C. Markides and Peter J. Williamson (1994), ‘Related Diversification, Core Competencies and Corporate Performance’ 25. Harry P. Bowen and Margarethe F. Wiersema (2005), ‘Foreign-Based Competition and Corporate Diversification Strategy’ 26. Donald D. Bergh and Michael W. Lawless (1998), ‘Portfolio Restructuring and Limits to Hierarchical Governance: The Effects of Environmental Uncertainty and Diversification Strategy’ 27. Leslie E. Palich, Laura B. Cardinal and C. Chet Miller (2000), ‘Curvilinearity in the Diversification-Performance Linkage: An Examination of Over Three Decades of Research’ PART VI MEASUREMENT AND METHODOLOGICAL ISSUES 28. Ernest H. Hall, Jr. and Caron H. St. John (1994), ‘A Methodological Note on Diversity Measurement’ 29. Rachel Davis and Irene M. Duhaime (1992), ‘Diversification, Vertical Integration, and Industry Analysis: New Perspectives and Measurement’ 30. James A. Robins and Margarethe F. Wiersema (2003), ‘The Measurement of Corporate Portfolio Strategy: Analysis of the Content Validity of Related Diversification Indexes’ 31. Harry P. Bowen and Margarethe F. Wiersema (1999), ‘Matching Method to Paradigm in Strategy Research Limitations of Cross-Sectional Analysis and Some Methodological Alternatives’ 32. Barton H. Hamilton and Jackson A. Nickerson (2003), ‘Correcting for Endogeniety in Strategic Management Research’ PART VII DYNAMIC CAPABILITIES 33. David J. Teece, Gary Pisano and Amy Shuen (1997), ‘Dynamic Capabilities and Strategic Management’ 34. Kathleen M. Eisenhardt and Jeffrey A. Martin (2000), ‘Dynamic Capabilities: What Are They?’ PART VIII UPPER ECHELONS AND CORPORATE STRATEGY 35. Donald C. Hambrick and Phyllis A. Mason (1984), ‘Upper Echelons: The Organization as a Reflection of its Top Managers’ 36. Donald C. Hambrick (1989), ‘Putting Top Managers Back in the Strategy Picture’ 37. Marta A. Geletkanycz and Donald C. Hambrick (1997), ‘The External Ties of Top Executives: Implications for Strategic Choice and Performance’ 38. Margarethe F. Wiersema and Karen A. Bantel (1992), ‘Top Management Team Demography and Corporate Strategic Change’ 39. Ken G. Smith, Ken A. Smith, Judy D. Olian, Henry P. Sims, Jr., Douglas P. O’Bannon and Judith A. Scully (1994), ‘Top Management Team Demography and Process: The Role of Social Integration and Communication’

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Book SynopsisHonoring the twenty-fifth anniversary of one of the most influential books in the history of business strategy and ethics, R. Edward Freeman's Strategic Management: A Stakeholder Approach, this work assembles a collection of contributions by the most influential and widely cited scholars working in the area of stakeholder scholarship today.The analyses collected here comment on the impact Freeman's book - and stakeholder theory more generally - has had upon the fields of management and organizational ethics. This study also includes original responses from Freeman himself. As the conversation about stakeholders hits its academic and popular stride, this timely volume provides both a retrospective of stakeholder theory's history as well as a guide to the questions that are likely to emerge during the next quarter century, providing a new foundation for future theory and practice. This volume will be an indispensible resource for any serious scholar working in the area of stakeholder theory. Additionally, because the language of managing stakeholder relationships is becoming increasingly popular, practicing executives and NGO members will find this an exceptional and informative reference. Contributors include: S.L. Berman, D.A. Bosse, T. Donaldson, H. Elms, R.E. Freeman, J.S. Harrison, E.M. Hartman, M.E. Johnson-Cramer, T.M. Jones, M. Patzer, A.G. Scherer, P.H. WerhaneTable of ContentsContents: Preface 1. Bounding the World’s Miseries: Corporate Responsibility and Freeman’s Stakeholder Theory Heather Elms, Michael E. Johnson-Cramer and Shawn L. Berman 2. The Nature of Firm–Stakeholder Relationships: Realizing the Potential of an Underappreciated Contribution of Freeman’s 25-Year-Old Classic Thomas M. Jones 3. Freeman: Win–Win and the Common Good Edwin M. Hartman 4. Stakeholder Theory in Strategic Management: A Retrospective Jeffrey S. Harrison 5. Globalization, Mental Models and Decentering Stakeholder Approaches Patricia H. Werhane 6. The Inescapability of a Minimal Version of Normative Stakeholder Theory Thomas Donaldson 7. Where is the Theory in Stakeholder Theory? A Meta-analysis of the Pluralism in Stakeholder Theory Andreas Georg Scherer and Moritz Patzer 8. Stakeholder Orientation, Managerial Discretion and Nexus Rents Robert A. Phillips, Shawn L. Berman, Heather Elms and Michael E. Johnson-Cramer 9. Stakeholders, Entrepreneurial Rent and Bounded Self-interest Douglas A. Bosse and Jeffrey S. Harrison 10. Some Thoughts on the Development of Stakeholder Theory R. Edward Freeman Index

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Book SynopsisIt is apparent that environmental issues affect the livelihoods and well being of individuals, communities and businesses the world over. In that vein, this book examines the impact that climate change and other environmental factors have on business. The effect of climate change, while a significant factor, will influence business slowly, but inexorably. Executives should manage environmental risk at three levels: regulatory compliance, potential liability from industrial accidents, and pollutant release mitigation.Companies that are proactive in mitigating their exposure to climate-change risks will not only generate new profitable opportunities, but also gain competitive advantage over their rivals in a carbon-constrained future. Enhancing Global Competitiveness through Sustainable Environmental Stewardship provides frameworks for identifying how climate change might affect a business, and suggests strategy guidelines to manage the risks and seek opportunities.This seminal collection of research will be of particular interest to students and scholars of sustainability studies, business and management, and business professionals concerned with the role they will play in the changing and challenging times that lie ahead for business growth and environmental consciousness.Table of ContentsContents: Preface PART I: PERSPECTIVES ON SUSTAINABILITY 1. Climate Change and Global Business: Challenges, Opportunities and Research Guidelines Subhash C. Jain PART II: UNDERSTANDING SUSTAINABILITY CONCERNS 2. Sustainable Enterprises: Addressing Management Challenges in the Twenty-first Century Paul Shrivastava and Raymond Paquin 3. Globalization, Environmental Sustainability, and System Equilibrium John Alexander 4. Institutions, MNEs, and Sustainable Development Ben L. Kedia, Jack Clampit and Nolan Gaffney 5. The Effect of Technology Type on the Adoption and Effectiveness of Global Environmental Standards Glen Dowell and Ben Lewis PART III: STRATEGIC APPROACHES TO SUSTAINABILITY 6. The Global Reporting Initiative: Collaboration and Conflict in the Development of Non-Financial Reporting David L. Levy and Halina Szejnwald Brown 7. Driving to Distraction or Disclosure? Shareholder Activism, Institutional Investors and Firms’ Environmental Transparency R. Scott Marshall, Darrell Brown and Marlene Plumlee 8. Dynamic Networks and Successful Social Action: A Theoretical Framework to Examine the Coca-Cola Controversy in Kerala, India Sridevi Shivarajan 9. How Can Sustainable Environmental Stewardship Enhance Global Competitiveness? Irene Henriques Index

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Book SynopsisMona Ericson conceptualizes business growth using a participatory narrative approach, adopting story-like representations of growth activity. This approach emphasizes the use of description, conceptualization, knowledge sharing and interpretation. It connects the subject and the researcher allowing the latter to better understand the actual practice of growing a business, while also extending the study to the novice and general reader alike.The book aims to open up previously marginalized perspectives in research on growth through this incoporation of storytelling-one of the most fundamental features of human life. Thus, the concepts of business growth and entrepreneurial activity described in this book are brought to life for the student, scholar and reader in a way that more conventional analyses cannot achieve. The author also uses the concept of `plot' as a means to interconnect practitioners' growth-related activities and concomitant changes. The firm becomes a living and evolving concept rather than a singular unit to be studied. A Narrative Approach to Business Growth offers a detailed study that illustrates the value of this increasingly important approach to the study of business growth.The rich, empirically oriented material in this book allows the reader to make sense of, learn about and vicariously experience a variety of growth activities and their dynamic relationships. Scholars and students of business growth, entrepreneurship and strategy will find this book compelling and eye-opening.Table of ContentsContents: Foreword by Daniel Hjorth 1. Toward a Narrative Dynamic Conceptualization 2. Toward Implicates From 3. Weaving Narrative Bits and Pieces 4. To Begin the Business Growth Narrative 5. Involvement in Merger Activities 6. Building a Brand Portfolio 7. Hilding Anders for Sale 8. Pattern, Plot and Narrative Rationality References Index

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Book SynopsisStrategic choices made by entrepreneurs have major consequences for SME performance. This book explores the factors that influence entrepreneurial strategic decisions using a cognitive theoretical framework.The proposed model, based on a dual processing approach, integrates motivation, emotions and information processing modes and is tested in several empirical studies. The results show the model's potential for furthering interesting research agendas in entrepreneurial cognition research. The authors also reveal that entrepreneurial cognitions can be elicited and represented in the form of cognitive maps. The structural complexity of the cognitive maps (cognitive complexity) is an important prerequisite of effective strategic decisions and is a core concept for the advancement of our knowledge in entrepreneurial cognition. The book is an informed and interesting exploration of entrepreneurial cognition with both theoretical and methodological contributions to this field of research.Entrepreneurial Strategic Decision-Making will be of great interest to undergraduate students and academics in the field of entrepreneurship. Policymakers will learn from this book to understand the distinctions between various types of entrepreneurial decision-makers and the way they make strategic decisions.Trade Review'This book is a commendable source of reference for entrepreneurship researchers. It offers insight into a number of focused research accounts that may assist other researchers in their entrepreneurship research proposals and execution. . . the literature review section will be of particular value to such early scholars of the field. The book is highly recommended for postgraduate entrepreneurship students and would be worthy of filling a space on any active entrepreneurship researcher's bookshelf.' -- David Douglas, International Journal of Entrepreneurial Behaviour and ResearchTable of ContentsContents: Preface 1. Entrepreneurs and Strategic Decisions Patrick A.M. Vermeulen and Petru L. Curseu PART I: OVERVIEW OF THE LITERATURE 2. The Decision-making Entrepreneur: A Literature Review Petra Gibcus, Patrick A.M. Vermeulen and Elissaveta Radulova 3. The Psychology of Entrepreneurial Strategic Decisions Petru L. Curseu, Patrick A.M. Vermeulen and René M. Bakker 4. The Role of Cognitive Complexity in Entrepreneurial Strategic Decision-making Petru L. Curseu PART II: EMPIRICAL STUDIES 5. Strategic Decision-making Processes in SMEs: An Exploratory Study Petru Gibcus and Peter van Hoesel 6. Entrepreneurial Decision Styles and Cognition in SMEs Gerardus J.M. Lucas, Patrick A.M. Vermeulen and Petru L. Curseu 7. Entrepreneurial Decision-makers and the Use of Biases and Heuristics Marijn J.J. de Kort and Patrick A.M. Vermeulen 8. Risk, Uncertainty and Stakeholder Involvement in Entrepreneurial Decision-making Jaap van den Elshout and Patrick A.M. Vermeulen 9. Entrepreneurial Experience and Innovation: The Mediating Role of Cognitive Complexity Petru L. Curseu and Dinie Louwers 10. Social Capital, Cognitive Complexity and the Innovative Performance of SMEs Daniëlle G.W.M. van Gestel 11. Cognitive Complexity, Industry Dynamism and Risk Taking in Entrepreneurial Decision-making Sjoerd Bosgra 12. Conclusions: An Outline of ESDM Research Petru L. Curseu and Patrick A.M. Vermeulen References Index

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Book SynopsisThis important Handbook explores and evaluates dynamic environments and the appropriate strategic responses to them in the 21st century. Drawing together a collection of 29 original chapters, the Handbook makes an invaluable contribution to theory and practice by stimulating disciplined, rigorous and imaginative enquiry into the relationship between strategy and foresight. Leading scholars in the field of strategic management are brought together to offer innovative and multi-disciplinary perspectives on the past, present and future of strategy formation and foresight. In so doing, they challenge research in four key areas: strategy and foresight processes; strategy innovation for the future; understanding the future; and strategically responding to the future.The Handbook of Research on Strategy and Foresight is a comprehensive resource that will be invaluable for academics, students and practitioners interested in this important phenomenon.Table of ContentsContents: Introduction Robert Bradley MacKay and Laura A. Costanzo PART I: PROBING THE FUTURE: CULTIVATING STRATEGIC FORESIGHT 1. Redefining Strategic Foresight: ‘Fast’ and ‘Far’ Sight via Complexity Science Bill McKelvey and Max Boisot 2. Anticipating Critique and Occasional Reason: Modes of Reasoning in the Face of a Radically Open Future David Seidl and Dominik van Aaken 3. Strategic Foresight Ajit Nayak 4. The Symbolism of Foresight Processes in Organizations Jan Oliver Schwarz 5. Strategic Foresight: Counterfactual and Prospective Sensemaking in Enacted Environments Robert Bradley MacKay 6. Modal Narratives, Possible Worlds and Strategic Foresight Charles Booth, Peter Clark, Agnès Delahaye-Dado, Stephen Procter and Michael Rowlinson 7. Scenarios as Knowledge Transformed into Strategic ‘Re-presentations’: The Use of Foresight Studies to Help Shape and Implement Strategy Thomas Durand 8. Researching the Organization–Environment Relationship George Burt PART II: FORESIGHT AND ORGANIZATIONAL BECOMING: STRATEGY PROCESS, PRACTICE AND CHANGE 9. Strategizing as Practising: Strategic Learning as a Source of Connection Elena P. Antonacopoulou 10. Improvisational Bricolage: A Practice-based Approach to Strategy and Foresight Miguel Pina e Cunha, João Vieira Da Cunha and Stewart R. Clegg 11. Micro-political Strategies and Strategizing in Multinational Corporations: The Case of Subsidiary Mandate Change Christoph Dörrenbächer and Mike Geppert 12. How Organizational DNA Works David Weir, Craig Marsh and Wilf Greenwood 13. Making Sense of Organizational Becoming: The Need for Essential Stabilities in Organizational Change Ian Colville 14. Agency in Management of Change: Bringing in Relationality, Situatedness and Foresight Ahu Tatli and Mustafa F. Özbilgin 15. The Role of Resources in Institutional Entrepreneurship: Insights for an Approach to Strategic Management that Combines Agency and Institution Julie Battilana and Bernard Leca PART III: SHAPING THE FUTURE: STRATEGIZING AND INNOVATION 16. The Role of Middle Managers in Enabling Foresight Laura A. Costanza and Vicky Tzoumpa 17. Hollow at the Top: (Re)claiming the Responsibilities of Leadership in Strategizing C. Marlene Fiol and Edward J. O’Connor 18. Visions and Innovation Strategy Jonathan Sapsed 19. Innovation through Ambidexterity: How to Achieve the Ambidextrous Organization Constantinos Markides and Wenyi Chu 20. Fast Cycle Capability: A Conceptual Integration V.K. Narayanan 21. Interactions with Customers for Innovation C. Annique Un and Alvaro Cuervo-Cazurra 22. Organizational Innovation of the Toyota Group Faith Hatani PART IV: RESPONDING TO THE FUTURE: INTUITION, INERTIA AND STRATEGIC FLEXIBILITY 23. The Role of Intuition in Strategic Decision Making Marta Sinclair, Eugene Sadler-Smith and Gerard P. Hodgkinson 24. (Un) Great Expectations: Effects of Underestimations and Self-perception on Performance Rodolphe Durand 25. Strategic Foresight and the Role of Organizational Memory Within a Punctuated Equilibrium Framework Stelios C. Zyglidopoulos and Stephanie W.J.C. Schreven 26. Adaptation, Inertia and the Flexible Organization: A Study of the Determinants of Organizational Flexibility in an Emerging Economy Andrés Hatum and Andrew M. Pettigrew 27. Addressing Path Dependency in the Capabilities Approach: Historicism and Foresight Meet on the ‘Road Less Travelled’ Swapnesh K. Masrani and Peter McKiernan 28. Dynamic Knowledge Creation Taman H. Powell and Howard Thomas 29. Foreseeing the Problem of Conformity in Strategy Teaching, Research and Practice Gregory B. Vit Index

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Book SynopsisThis fascinating, close range look at the co-evolution of a Chinese joint venture port operator and the dynamic political and economic environment in which it is embedded demonstrates yet again that in the right hands, theory and practice can and do inform and infuse each other. In the haystack of contemporary China books, this is a precious needle.'- Oded Shenkar, Ohio State University, US'This work is an excellent example of a joint business-academic collaboration on telling the story of how a major business evolved successfully with its environment - an environment in which most businesses have found it difficult to operate and most researchers have found it a challenge to explain. Through meticulous research, the research team explains with solid facts and strong theory how a business influenced its highly complex and ambiguous political environment through developing strategic relationships. This project is a model for conducting relevant research that the management field desperately needs. It is exemplary of engaged scholarship that merges the best of scholarship and practice. Both academics and executives will find this book a treasure of ideas.'- Anne Tsui, Arizona State University, US'The Dynamics of Corporate Co-evolution provides an excellent exploration of co-evolution from the perspective of power relations within a hierarchical system. It is relevant not only to firms working within a political environment, but also useful for people working in think tanks and policy analysis. Its treatment of relationship management has universal implications.'- Huijiong Wang, The State Council, PRCOffering insights of unusual richness, this book examines one of the world's most important business environments to determine the way that organizations can develop through interaction with their environments. It fills a gap in our understanding of the evolution of the Chinese business environment and throws light on the theory of co-evolution in order to inspire management practice.Written on the basis of a collaboration between a leading business manager and renowned university scholars, this groundbreaking book makes a significant contribution both to theory and practice of competitive strategy.Contents: Part I: Introduction, Perspective and Method 1. Introduction 2. The Co-evolutionary Perspective 3. Research Design and Methodology Part II: Environment, Evolution and Managerial Initiative 4. Yantian Port and its Changing Environment 5. The Evolution of a World-Class Port 6. Innovations in Management Practice 7. Relationship Management - Creating a Relational Framework Part III: Co-evolution: Theory and Practice 8. Forms of Co-evolution 9. The Political Dynamics of Corporate Co-evolution 10. Lessons for Managers Operating in a Complex Environment IndexTrade Review‘This work is an excellent example of a joint business–academic collaboration on telling the story of how a major business evolved successfully with its environment – an environment in which most businesses have found it difficult to operate and most researchers have found it a challenge to explain. Through meticulous research, the research team explains with solid facts and strong theory how a business influenced its highly complex and ambiguous political environment through developing strategic relationships. This project is a model for conducting relevant research that the management field desperately needs. It is exemplary of engaged scholarship that merges the best of scholarship and practice. Both academics and executives will find this book a treasure of ideas.’ -- Anne Tsui, Arizona State University, US and President, Academy of Management 2012‘This book gives full due to two areas which were totally under-researched in earlier work, namely how corporate evolution takes place and how it can proceed within a highly politicized as well as institutionalized environment. The Dynamics of Corporate Co-evolution is a remarkable statement of facts, a solid perspective on co-evolution – the way the relationships between YICT and its environments evolved together. It is an invaluable source of data on how a new container terminal became, after an initially difficult period, one of the world top-class ports largely through the initiatives of its management.’ -- Gustaaf De Monie University of Antwerp, Belgium‘There are two reasons for recommending this highly readable book. It offers a careful explanation of how interaction between investors, operating firms, local politicians and central administrators shapes the corporate governance of new Chinese multinationals and their contracts in a highly regulated infrastructure industry such as ports. Based on the outcome of the empirical study of China’s largest container terminal, the book further convincingly argues how the interaction between firms and local politicians or central administrators specifies the missing link in co-evolution theory, namely the mechanism by which firms can convert their demand for a better fitting business environment into corresponding institutional policies. In short the book offers both additional insights into the new business system in China (and suggestions for foreign firms how to better cope with such a system), and the process by which good theory gets refined.’ -- Barbara Krug, Erasmus University, The Netherlands‘The dramatic progress of many societies in recent decades has rested – often without full acknowledgement – on the hybridizing of different business systems, and secondly on the flowing together of the resulting blended organizations with their political social and cultural surroundings. This is nowhere better illustrated than in China’s Pearl River Delta where the long heritage of Hong Kong as a western trading outpost meets the longer heritage of China as a state-dominated society. In this book the co-evolution of the world's largest matrix of transport hubs is analysed in fine detail by another hybrid: that of world class exponents of both organization theory and the practical managing of complexity.’ -- Gordon Redding, INSEAD, France‘This fascinating, close range look at the co-evolution of a Chinese joint venture port operator and the dynamic political and economic environment in which it is embedded demonstrates yet again that in the right hands, theory and practice can and do inform and infuse each other. In the haystack of contemporary China books, this is a precious needle.’ -- Oded Shenkar, Ohio State University, US‘The Dynamics of Corporate Co-evolution provides an excellent exploration of co-evolution from the perspective of power relations within a hierarchical system. It is relevant not only to firms working within a political environment, but also useful for people working in think tanks and policy analysis. Its treatment of relationship management has universal implications.’ -- Huijiong Wang, The State Council, PRC‘This is a fascinating book on the interdependencies between business and government within the context of Yantian International Container Terminals (YICT). . . The book will delight academics and academic minded practitioners with an interest in how ports evolve together with their political environment. . . the level of detail in theory development is a delight and will inspire repeat reads for those that wish to take the work further.’ -- Andrew Grainger, International Journal of Maritime HistoryTable of ContentsContents: Part I: Introduction, Perspective and Method 1. Introduction 2. The Co-evolutionary Perspective 3. Research Design and Methodology Part II: Environment, Evolution and Managerial Initiative 4. Yantian Port and its Changing Environment 5. The Evolution of a World-Class Port 6. Innovations in Management Practice 7. Relationship Management – Creating a Relational Framework Part III: Co-evolution: Theory and Practice 8. Forms of Co-evolution 9. The Political Dynamics of Corporate Co-evolution 10. Lessons for Managers Operating in a Complex Environment Index

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Book SynopsisThis essential collection of papers by David J. Teece explores ideas of both theoretical and practical significance in the field of strategic management, particularly the importance of dynamic capabilities for organizations in industries undergoing change.In an era of global specialization, mainstream theories of the firm that obsess on contracts and production functions, knowledge accumulations, and knowledge dispersion are poor abstractions of reality. The author's understanding of contemporary realities is well reflected and clearly articulated in this critical volume. Topics addressed include the development and elaboration of the dynamic capabilities framework (with an emphasis on the orchestration of resources both inside and outside the firm to capture value), as well as the theoretical and conceptual understanding of the essence of the firm.Students, professors and researchers working in economics, business and management, organization studies and innovation studies will find this book an invaluable resource.Trade Review'Religion, Rights and Secular Society by Peter Cumper and Tom Lewis is a both timely and important publication. In a series of highly interesting and well-written essays - some of which are case studies covering many different European nations whereas others are more theoretical - the book looks at a key paradox in contemporary Europe: the relatively high levels of secularity in most European countries on the one hand, and the marked resurgence of religion in public debates on the other. While never pretending that there are ready answers to the problems of reconciling secular and religious values in Europe, the contributors make it quite clear that Europeans need to return to questions about religion that they had previously regarded as being settled. This is food for thought at a very high level!' --- Helle Porsdam, University of Copenhagen, DenmarkTable of ContentsContents: Acknowledgements Introduction David J. Teece PART I FOUNDATIONS OF STRATEGY 1. David J. Teece (2010), ‘Alfred Chandler and “Capabilities” Theories of Strategy and Management’ 2. David J. Teece (2010), ‘Business Models, Business Strategy and Innovation’ 3. Mie Augier and David J. Teece (2008), ‘Strategy as Evolution with Design: The Foundations of Dynamic Capabilities and the Role of Managers in the Economic System’ 4. David Teece (2003), ‘Knowledge and Competence as Strategic Assets’ PART II INNOVATION 5. David J. Teece (2003), ‘Industrial Research’ 6. David J. Teece (2005), ‘Technology and Technology Transfer: Mansfieldian Inspirations and Subsequent Developments’ 7. David J. Teece (2006), ‘Reflections on “Profiting from Innovation”’ 8. Gary P. Pisano and David J. Teece (2007), ‘How to Capture Value from Innovation: Shaping Intellectual Property and Industry Architecture’ 9. David J. Teece (2010), ‘Technological Innovation and the Theory of the Firm’ 10. David J. Teece (2008), ‘Dosi’s Technological Paradigms and Trajectories: Insights for Economics and Management’ 11. Mie Augier and David J. Teece (2005), ‘An Economics Perspective on Intellectual Capital’ 12. David J. Teece and Sidney G. Winter (1984), ‘The Limits of Neoclassical Theory in Management Education’ PART III INNOVATION AND THE THEORY OF THE FIRM A Boundaries 13. Henry Ogden Armour and David J. Teece (1980), ‘Vertical Integration and Technological Innovation’ 14. David J. Teece (2005), ‘Technological Know-How, Property Rights, and Enterprise Boundaries: The Contribution of Arora and Merges’ B Cooperation, Contracts and Licensing 15. David J. Teece (1989), ‘Inter-Organizational Requirements of the Innovation Process’ 16. Kyle J. Mayer and David J. Teece (2008), ‘Unpacking Strategic Alliances: The Structure and Purpose of Alliance Versus Supplier Relationships’ 17. Chris Pleatsikas and David Teece (2001), ‘The Competitive Assessment of Vertical Long-Term Contracts’ 18. Edward F. Sherry and David J. Teece (2004), ‘Contractual Hazards and Long-Term Contracting: A TCE View from the Petroleum Industry’ C Internationalization 19. David J. Teece (2006), ‘Reflections on the Hymer Thesis and the Multinational Enterprise’ 20. Mie Augier and David J. Teece (2007), ‘Dynamic Capabilities and Multinational Enterprise: Penrosean Insights and Omissions’ 21. Christos N. Pitelis and David J. Teece (2010), ‘Cross-Border Market Co-Creation, Dynamic Capabilities and the Entrepreneurial Theory of the Multinational Enterprise’ D Capabilities 22. Mie Augier and David J. Teece (2006), ‘Understanding Complex Organization: The Role of Know-How, Internal Structure, and Human Behavior in the Evolution of Capabilities’ 23. Valery S. Katkalo, Christos N. Pitelis and David J. Teece (2010), ‘Introduction: On the Nature and Scope of Dynamic Capabilities’ 24. David J. Teece (2007), ‘Explicating Dynamic Capabilities: The Nature and Microfoundations of (Sustainable) Enterprise Performance’ 25. David J. Teece (2007), ‘Managers, Markets, and Dynamic Capabilities’ 26. David J. Teece (2010), ‘Technological Innovation and the Theory of the Firm: Towards a Theory of the Innovating Firm’

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Book SynopsisFirms adopt a wide variety of ecological strategies, ranging from the development of innovative products with reduced environmental impact to lobbying against governmental attempts to set standards for the way in which firms deal with the natural environment. This book explores this variety and is the first to provide a coherent evolutionary approach to the ecological strategies of firms. Drawing on insights from organization and management sciences and innovation studies, the author outlines an evolutionary framework enabling a deeper understanding of how firms shape ecological strategies and interact to create inertia or change at the level of systems of production and consumption. This framework is applied to the coffee and automobile production and consumption systems, yielding insight into the complex dynamics through which such systems evolve in dealing with ecological impact. The book advances theoretical insight into business strategies and the natural environment and illuminates the dynamics of production and consumption systems.Scholars, students and practitioners from organization and management sciences, innovation studies and industrial ecology interested in the relationship between business and the natural environment will find this book invaluable.Trade Review'Boons has produced a thoroughly well researched, informed and informative study on creating economic and ecological value. Written for those interested in business and sustainability whether they be academic faculty, students or business people who have both the interest and time, this book will repay some careful and close reading.' -- John Blewitt, Environmental Values'Creating Ecological Value is a timely contribution that matches recent trends in innovation economics suggesting that an evolutionary notion of system innovations and a sector-specific industrial dynamics perspective are a suitable analytical framework for the way in which firms address sustainability challenges through innovation.' -- Marcus Wagner, University of Wurzburg, Germany'We cannot expect to solve the environmental problems we face today by narrowing our focus on single firms. We need to think more systemically. In his book, Creating Ecological Value, Frank Boons takes on this challenge. While his research begins by exploring the diversity of environmental strategies adopted by companies, he moves his analysis next to the level of the production and consumption systems to understand how these strategies shape and alter them. His work considers how the diffusion of strategies and novel approaches can be facilitated but also finds that the systems into which these strategies are imposed are resilient and, at times, resistant to change. He offers plenty of ideas to ponder as we consider how the market system as a whole addresses environmental issues.' -- Andrew J. Hoffman, The University of Michigan, US'Humans as scientists and managers often draw on metaphors to help describe and understand the complex issues they observe or manage. As human activities begin to bump up against the constraints set by natural systems there is a tendency to search for metaphors from natural science - biomimicy or industrial ecology - have been around for some time now. In this book, Frank Boons explores the power of ideas from evolutionary science as metaphor to understand economic systems. This is complex work, but, he does it with skill; remembering that a metaphor is powerful not just in what it explains but even more in what it doesn't serve to explain.' -- Nigel Roome, Free University of Brussels, Belgium and TiasNimbas Business School, Tilburg, The NetherlandsTable of ContentsContents: Preface 1. How do Firms Create Ecological Value? 2. Definitions of Ecological Value: Patches of History 3. Technological Change and Strategic Perspectives 4. Elements of Strategic Perspectives and the Internal Dynamics of Firms 5. Shaping Strategic Perspectives through Resource Networks 6. The Coffee PCS 7. The Automobile PCS 8. An Evolutionary Approach Towards the Strategic Perspectives of Firms 9. The Future of Creating Ecological Value Bibliography Index

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Book SynopsisAs leading enterprises increasingly recognize the need for global strategy in the face of a continually competitive business environment, they also need to assess a greater heterogeneous range of possible paths to growth. This accomplished book offers an empirical analysis of some of these possibilities.Drawing on a large database of multinational firms, it investigates, for the first time, a series of important issues within an internally consistent ideological framework. It tests the determinants of the internationalization of sales by analysing overseas production ratio, parent export ratio, overseas sales ratio and sourcing ratio. It also analyses industrial diversification as an alternative route to growth.The Growth and Evolution of Multinational Enterprise will be of great interest to researchers and professional economists specializing in multinational companies, industrial economics and international business.Table of ContentsIntroduction; determinants of internationalization; overseas production and exporting performance; the determinants of industrial diversification; industrial and geographical diversification; complements or substitutes?; summary and conclusions.

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Book SynopsisThis volume contains a selection of the most influential literature on the historical evolution of collaborative agreements in international business. Strategic alliances and other forms of collaboration are prominent features of contemporary business life, but it is seldom realized that such strategies have been extensively employed by firms throughout the twentieth century. This collection of papers - drawn from all periods of the last hundred years to the present day - seeks to explore this rich experience and highlight its importance to present-day debates and to consider the strategies of a wide range of American, Japanese and European firms and industries.Trade Review'This collection of articles will be welcomed by both parts and should be well-used in both the business courses and history courses. . . . The collection is especially useful since several of the individual items have appeared in volumes that are not readily accessible.’ -- Forrest Capie, Business HistoryTable of ContentsContents: 1. Concepts 2. International Cartels 3. Non-Equity Forms of International Collaboration 4. Joint Ventures and Equity Forms of International Collaboration

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Book SynopsisIn interaction with their environment, firms change constantly; in trying to reduce uncertainties, they influence both their markets and the wider socio-political environment. Dynamics of the Firm addresses theoretical, empirical and policy issues concerned with the changing structure of firms. This book seeks to develop a theory of the dynamics of the firm which contrasts with the neoclassical view of the firm as a static production function in a world of given technology and institutions. Papers discussing new institutional theories of the firm in relation to sociological approaches, in which power and trust play an important role, are followed by contributions which focus on empirical issues such as pricing strategies, industrial groups and networking. The public policy implications are discussed extensively.Offering an original analysis of the organizational structures of firms operating in changing environments, this volume of essays by a distinguished group of economists will be welcomed by students, teachers and researchers in the areas of industrial organization and organizational economics.Trade Review’. . . This is therefore a useful and interesting book.’ -- David Young, The Manchester SchoolTable of ContentsContents: Introduction 1. Networks and Transactions: Do they Connect? (B. Nooteboom) 2. Facts, Theory and the Pricing Foundation of Post Keynesian Price Theory (F. Lee) 3. Corporate Networks: A US Case Study (F.G. Hayden and K. Stephenson) 4. The Japanese Group (J. Groenewegen) 5. Dynamics of Enterprises; (R)evolution of a Large Enterprise: A case study of Philips Electronics N.V. (P. Merkelbach) 6. The Holding Company in Belgium: A Case Study of the Société Générale (F. Buelens) 7. Policy Implications of Industrial Transformation (J. Donders and E. van Kooij) Index

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Book SynopsisThe Economics of Business Strategy is an authoritative collection of the most important published articles on the economic basis of business strategy. John Kay - who himself has made seminal contributions to the field - has selected articles that illustrate the origins of familiar concepts in business strategy - the experience curve, the portfolio matrix, the 'five forces' while also presenting the foundations of the modern resource based theory of strategy.The volume will be of particular interest to economists who wish to learn how the subject has been used in business and to people working in business who wish to learn of the economic basis of the concepts used.Table of ContentsContents: Acknowledgements Introduction John Kay PART I INTRODUCTION 1. John Kay (1993), ‘A Brief History of Business Strategy’ 2. Fiona Scott Morton (2000), ‘Why Economics has been Fruitful for Strategy’ 3. Henry Mintzberg and James A. Waters (1990), ‘Of Strategies, Deliberate and Emergent’ PART II THE COMPETITIVE ENVIRONMENT 4. Michael E. Porter (1997), ‘How Competitive Forces Shape Strategy’ 5. R.E. Caves and M.E. Porter (1977), ‘From Entry Barriers to Mobility Barriers: Conjectural Decisions and Contrived Deterrence to New Competition’ 6. Joe S. Bain (1951), ‘Relation of Profit Rate to Industry Concentration: American Manufacturing, 1936–1940’ 7. Bradley T. Gale (1972), ‘Market Share and Rate of Return’ 8. Pankaj Ghemawat (1985), ‘Building Strategy on the Experience Curve’ 9. Richard P. Rumelt (1991), ‘How Much Does Industry Matter?’ PART III THE CAPABILITIES OF FIRMS 10. Alfred D. Chandler (1992), ‘Organizational Capabilities and the Economic History of the Industrial Enterprise’ 11. Edith Penrose (1955), ‘Limits to the Growth and Size of Firms’ 12. G.B. Richardson (1972), ‘The Organisation of Industry’ 13. C.K. Prahalad and Gary Hamel (1990), ‘The Core Competence of the Corporation’ 14. David Teece and Gary Pisano (1994), ‘The Dynamic Capabilities of Firms: An Introduction’ 15. Richard R. Nelson and Sidney G. Winter (1973), ‘Toward an Evolutionary Theory of Economic Capabilities’ PART IV THE RESOURCE BASED THEORY OF STRATEGY 16. S.A. Lippman and R.P. Rumelt (1982), ‘Uncertain Imitability: An Analysis of Interfirm Differences in Efficiency Under Competition’ 17. Birger Wernerfelt (1984), ‘A Resource-based View of the Firm’ 18. Jay B. Barney (1986), ‘Strategic Factor Markets: Expectations, Luck, and Business Strategy’ 19. Ingemar Dierickx and Karel Cool (1989), ‘Asset Stock Accumulation and Sustainability of Competitive Advantage’ 20. Margaret A. Peteraf (1993), ‘The Cornerstones of Competitive Advantage: A Resource-based View’ 21. Sidney G. Winter (1995), ‘Four Rs of Profitability: Rents, Resources, Routines, and Replication’ PART V THE FIRM AS A NEXUS OF CONTRACTS 22. Armen A. Alchian and Harold Demsetz (1972), ‘Production, Information Costs, and Economic Organization’ 23. Oliver E. Williamson (1979), ‘Transaction-cost Economics: The Governance of Contractual Relations’ 24. Sanford J. Grossman and Oliver D. Hart (1986), ‘The Costs and Benefits of Ownership: A Theory of Vertical and Lateral Integration’ PART VI CORPORATE STRATEGY AND DIVERSIFICATION 25. Theodore Levitt (1975), ‘Marketing Myopia’ 26. John C. Panzar and Robert D. Willig (1981), ‘Economies of Scope’ 27. Philippe Haspeslagh (1982), ‘Portfolio Planning: Uses and Limits’ 28. David J. Teece, Richard Rumelt, Giovanni Dosi and Sidney Winter (1994), ‘Understanding Corporate Coherence: Theory and Evidence’ PART VII CORPORATE STRATEGY AND CORPORATE FINANCE 29. Merton H. Miller and Franco Modigliani (1961), ‘Dividend Policy, Growth, and the Valuation of Shares’ 30. Franco Modigliani and Merton H. Miller (1958), ‘The Cost of Capital, Corporation Finance and the Theory of Investment’ 31. J.A. Kay and C.P. Mayer (1986), ‘On the Application of Accounting Rates of Return’ 32. Avinash K. Dixit and Robert S. Pindyck (1995), ‘The Options Approach to Capital Investment’ PART VIII COMPETITIVE STRATEGY 33. Edward H. Chamberlin (1937), ‘Monopolistic or Imperfect Competition?’ 34. Paul A. David (1985), ‘Clio and the Economics of QWERTY’ 35. Pankaj Ghemawat (1984), ‘Capacity Expansion in the Titanium Dioxide Industry’ 36. Drew Fudenberg and Jean Tirole (1984), ‘The Fat-Cat Effect, The Puppy-Dog Ploy, and the Lean and Hungry Look’ 37. Judith R. Gelman and Steven C. Salop (1983), ‘Judo Economics: Capacity Limitation and Coupon Competition’ 38. Richard Schmalensee (1978), ‘Entry Deterrence in the Ready-to-eat Breakfast Cereal Industry’ 39. Paul Klemperer (1987), ‘Markets with Consumer Switching Costs’ 40. Harold Hotelling (1929), ‘Stability in Competition’ 41. John Sutton (1997), ‘Game-theoretic Models of Market Structure’ Name Index

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Book SynopsisIndustrial innovation is essential for national and corporate competitiveness. Understanding the nature, determinants and consequences of innovation is a key task of managers, public policymakers and all students of industry and business. This major new reference book brings together specially commissioned contributions by many leading world experts on a wide range of issues concerning innovation. The first section provides an introduction to the significance and process of industrial innovation, and to the contexts or 'systems' within which it occurs. A series of sectoral and industrial studies is followed by assessments of the key issues affecting innovation. Another section examines one of the main constraints on successful innovation: the strategic management of technology in both products and processes. As well as the benefits of innovation, the problems and challenges of the processes, management and outcomes of innovation are raised throughout the book. Select bibliographies chosen by international experts are included to ensure that this comprehensive reference tool is an indispensable guide for students, scholars, innovators and policymakers.Trade Review'I highly recommend this volume to academic scholars and policy makers in both industry and government. It contains a wealth of valuable material on industrial innovation presented authoritatively and concisely.'Table of ContentsContents: Preface Part I: The Nature, Sources and Outcomes of Industrial Innovation Part II: Sectoral and Industrial Studies of Innovation Part III: Key Issues Affecting Innovation Part IV: The Strategic Management of Innovation Part V: Future Challenges of Innovation in a Global Perspective Index

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Book SynopsisWhat skill-development strategies should developing countries adopt to compete successfully in the international markets of the 21st century? This innovative new book provides a blend of theory and case studies which shed new light on this important question. It approaches the question from two angles. It considers, first, how skill development affects a country's international competitiveness and, secondly, what a government should do to develop a country's skills. It concludes that development of skills is necessary for a country to make the transition from primary exports to manufactures and from labour-intensive to skill-intensive manufacturing. For this purpose, it is argued an education system that recognizes the return to improvements in quality, and a training system that internalizes externalities and prevents market failure are needed. Issues explored include: the arguments for an activist skill-development policy (with particular emphasis on education of girls and women); the transition from cheap labour to skill-based competitiveness; human resources and structural adjustment; and different approaches to training for countries and enterprises at different levels of technological development.Skill Development for International Competitiveness will be of interest to academics, students and researchers in the fields of development studies, development economics, the economics of education and training and labour economics. Policymakers and planners responsible for policies on human resource development and employment and overall development strategy will also find this a vital source of information.Trade Review'This is an important and timely book which has dealt with most debated issues on skill development. In the present context of globalization, this book with a theoretical perspective, strongly supported by empirical evidence on role of skill based manpower is very appropriate for the developing countries. It has very meticulously dealt with the strategies necessary for developing skill to be a global partner. This is an important book for the policymakers, industry, and researchers in international trade.' -- N. Mrinalini, Journal of Scientific and Industrial ResearchTable of ContentsContents: Introduction (M. Godfrey) Part I: Theoretical Framework Part II: Labour-Market Issues Part III: The Role of Education and Training Part IV: Structural Adjustment Part V: The View from the Enterprise Index

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Book SynopsisInnovation in East Asia is the first book to show how 'latecomer' firms from Taiwan, South Korea, Hong Kong and Singapore have caught up technologically with Japan and learned to innovate. Mike Hobday examines the technology acquisition strategies of these firms, their strengths and weaknesses, and the origin and extent of latecomer innovation in the region.A series of detailed case studies is used to show how individual companies developed and how large groups of firms formed industrial clusters from behind the technology frontier. Taiwan, South Korea, Hong Kong and Singapore have emerged as dynamic and distinct forces for growth and innovation. Increasingly the competitive challenge to Japan comes from these countries rather than from Europe and America. The book extends conventional innovation theory to develop an analytical framework for understanding the strengths, weaknesses and future prospects of latecomer firms. The book will be welcomed by academics, policymakers, students, government bodies and companies concerned with the rise of East Asia. It will be of particular interest to countries facing the competitive challenge of East Asia (the US and Europe) as well as Japan and the individual countries of the Asian region.Trade Review'Hobday provides an extraordinary interesting blow-by-blow account of how East Asian firms developed their present formidable competencies in electronics technology. . . . he also provides a fascinatingly detailed account of a large number of East Asian companies that currently are quite sophisticated in electronics.'Table of ContentsContents: Acknowledgements Foreword by Chris Freeman Part I: Introduction: East Asia’s Technological Development Part II: East Asian Regional Dynamics Part III: The Latecomer Firm Part IV: The Republic of Korea: Catching up in Large Corporations Part V: Taiwan: Small Firms Innovation Clusters Part VI: Singapore: A Test Case of Leapfrogging Part VII: Hong Kong: Laissez-faire Techological Development Part VIII: Conclusions and Implications Bibliography Index

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Book SynopsisThis book examines corporate strategies which are driving the processes of globalization. These strategies are evolving under the influence of national policies and of various patterns of cooperation between governments. The authors study the effects of different policy environments on the management of corporate operations. The interdependencies between countries are analysed as determinants of policies, with efforts to assess ways in which the activities of firms affect those interdependencies. Attention is given to the structural consequences of corporate strategies for decision makers shaping fiscal, monetary, financial, trade, industrial, foreign direct investment and competition policies. The authors aim to identify requirements and opportunities for cooperation between firms and governments, across borders and sectors. Concerted entrepreneurship and collaborative policy making are advocated.Trade Review'. . . a useful reference for trade policy scholars, as well as policymakers in search of guidance regarding the institutional and economic forces likely to condition the policy making environment over the foreseeable future.' -- Steven Globerman, Journal of International Business StudiesTable of ContentsContents: 1. Economic Cooperation: Summitry, Institutions and Structural Change 2. Corporations and Structural Change in the World Economy 3. Contestability and Concentration in World Markets 4. Structural Competitiveness and Interdependencies: Regional Patterns 5. Governments, Macroorganizational Policies and Structural Change: Contrasts within the Triad 6. Technocratic-Corporate Partnering: Extending Alliance Capitalism 7. Organizational Efficiency and Structural Change: A Meso-Level Analysis 8. Trade Policy and Competition Law: Issues for Developing Countries 9. Promoting North–South Complementarities 10. Corporate Strategies and the Environment 11. Advanced Political Development and Collective Management Index

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Book SynopsisThe Economics of Marketing is an authoritative collection of previously published articles which demonstrates the contribution of economics to the field of marketing. It includes articles that deal with the economic history of marketing practices and contains both classical and contemporary economic analyses relevant to marketing management.Topics covered include the history of marketing, channels of distribution, product strategies, promotion and advertising, pricing policy and limiting competition.This volume will be of interest to economists and those academics working in the field of business and management studies and will contribute to a new dialogue between the two disciplines.Table of ContentsContents: Introduction Part I: History of Marketing Part II: Channels of Distribution Part III: Product Strategies Part IV: Promotion: Advertising and the Diffusion of Product Information Part V: Price Part VI: Limiting Competition: Barriers to Entry

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Book SynopsisEconomic Games and Strategic Behaviour is a seminal volume which introduces a model providing solutions to economic games subject to repeated play. It develops a link between strategic bargaining and the theory of self-enforcing contracts to give insights into the long-term relationships between two parties, such as firms or governments, who meet in a negotiating situation.The author provides an original approach to strategic bargaining to find a solution to economic games in which cooperation cannot be enforced by a third party. He then applies this approach to a wide range of real life situations including international environmental agreements, bilateral trade agreements, collusion between firms in industry and bargaining between buyers and sellers in the market place. The author also discusses important policy implications as well as setting an agenda for future research.Economic Games and Strategic Behaviour is an original contribution to the existing literature which will be welcomed for providing accurate outcomes for situations in which conventional theories produce ambiguous results. It will be of great interest to students and scholars of microeconomics, game theory and industrial economics.Trade Review'Researchers should find plenty of material of interest and certainly a perusal of at least the first three chapters and the concluding one should be rewarding and may well tempt one to go through the entire work.' -- S. Das Gupta, Zentralblatt fur Mathematik und ihre Grenzgebiete'In closing, allow me to shamelessly steal a Woody Allen joke which should not be a stranger to many readers of Kyklos. This is a forceful book, which is seriously written, well formatted, rich in economic applications and policy implications (to lesser extent, however), and just can not be read as fast (although great readability or light reading might be what the author takes pride to offer). One should not flip through it from cover to cover in one day and conclude: "It is about two-person repeated games with self-enforcing agreements'. Incidentally, I just reveal, in my humblest opinion, the most appropriate title of this interesting and most welcome monograph (Calling this Economic Games and Strategic Behaviour resembles renaming "Mighty Aphrodite" as "A Film by Woody Allen".' -- Jong-Shin Wei, KyklosTable of ContentsContents: Preface 1. Preview 2. Strategic Bargaining and Self-enforcing Contracts 3. Bargaining for a Collective Good without Transfers 4. Bargaining for a Collective Good with Transfers 5. Bargaining between Buyer and Seller 6. Concluding Remarks 7. Appendix References Index

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Book SynopsisThis unique book - informed by ten years' research - focuses on intellectual property and charts the global transition towards intellectual capitalism with technology-based corporations as prime movers. The book gives a comprehensive overview of the history and fundamentals of intellectual property as well as a textbook introduction to the field.The book sheds new light on the economics and management of intellectual property in large corporations in Europe, Japan and the US. Special emphasis is given to strategies for the acquisition and commercialization of new technologies, patent strategies and strategies for secrecy and trademark, technology intelligence and corporate management of intellectual property. It includes an in-depth study of leading large corporations in Japan - including Canon, Hitachi, Toshiba and Sony. In conclusion, it explores the possible evolution of intellectual property management towards a distributed intellectual capital management in the context of a wider transition to intellectual capitalism, fueled by new technologies in general and new infocom technologies in particular.The book will have particular appeal to practitioners such as managers, economists, engineers and lawyers as well as students and scholars of industrial organization, economics of innovation and technical change, and management of technology.Trade Review'It is recommended to managers, economists, engineers and lawyers and for the students and academics researching in the area.' -- The Computer Law and Security Report'. . . Professor Granstrand has achieved a lot in this volume. . . it contains a wealth of very useful material to feed graduate students, particularly those involved in industrial economics MBA courses and other postgraduate economics and management study, as well as offering a detailed look at the realities of IP management for professional managers and policymakers.' -- Christine Greenhalgh, The Economic Journal'As well as all the other fine things in this book, Professor Granstrand has given us a working vocabulary for the debate on these larger issues which is now getting under way, and I have no doubt that it will have wide influence, which it richly deserves.' -- W. Kingston, Journal of Economics/Zeitschrift fur Nationalokonomie'Throughout the book, [Granstrand] instructively compares and contrasts the management of intellectual property in the US, Japan and Europe. The first section, on the philosophy, history and economics of intellectual property, is very detailed and displays an excellent grasp of the many strands of literature on this subject. . . . Granstrand does an excellent job of organizing an immense quantity of material on intellectual property.' -- M. Perelman, Choice'Professor Ove Granstrand furnishes us with useful suggestions for effective intellectual property (IP) management using the detailed analysis of data and facts on the Japanese industries which have successfully developed since World War II. He repeatedly visited Japan and conducted many interviews with corporate IP experts and top management. This book is really informative for not only those interested in IP but also R&D leaders and those in top business management.' -- Akira Mifune, TheraTech Japan Inc., Japan'Ove Granstrand's book takes the reader into uncharted waters: the waters of an Intellectual Capitalism that promises to restructure the organization of economic life in the 21st century. In the course of his examination he shines the spotlight on recent developments in Japanese corporate capitalism that will prove to be highly illuminating to western readers.' -- Nathan Rosenberg, Stanford University, US'This insightful book analyzes developments in Japan, Sweden, and the United States to illuminate the increasing emphasis placed on intellectual property in corporate strategies.' -- F.M. Scherer, Harvard University and Princeton University, USTable of ContentsContents: Preface 1. From Intellectual Property to Intellectual Capitalism 2. Philosophy and History of Intellectual Property 3. Patents and Intellectual Property: A General Framework 4. The Technology-Based Firm: A General Framework 5. Japanese Patenting – An Overview 6. Technology and Commercialization Strategies 7. Intellectual Property Policies and Strategies 8. Intellectual Property Organization and Management 9. Analysis of Patent Information 10. Intellectual Capitalism and Beyond Index

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Book SynopsisBlending the hot topics of new technology, market spaces, competitive strategy and customer behaviour, Customer Capitalism stands conventional wisdom on its head by introducing a new business model which shows how any business can generate increasing returns and gain a massive competitive advantage. Taking examples from companies as diverse as Amazon.com and Mondex, Microsoft and Monsanto, the author explains how businesses can escape the traps of a traditional mindset and originate for the customer rather than the product. These entreprises transform classic product/service categories, moving them away from market share into new "market spaces" where they find new ways of doing for customers. Customer Capitalism does what old capitalism could never do - it gives corporations a sustainable edge. Sandra Vandermerwe shows how to relate the ten principles of customer capitalism to your business and achieve the multiple and exponential rewards of increasing returns. Customer Capitalism generates growing customer value streams from ever-deepening and expanding relationships with individuals who lock-on to an organisation. These customers become an "installed customer base" who want the organisation as their dominant or sole choice on an ongoing basis. The new enterprise becomes the standard for these new ways of doing things by gathering market momentum. A growing number of individuals see and use the new way of doing things, making the enterprise ever more prevalent, and its brand increasingly infectious to others. Central to the concept of customer capitalism are six positive feedback loops which ensure customer lock-on and accelerating growth. Once the loops go into motion as one interlinking, reiterative system then the real forces of the new market and economic dynamics of customer capitalism come into play. Customers become the competitive barrier. Advantage leads to more advantage, success to more success, accumulating increasing returns in new market spaces.Table of ContentsAcknowledgements. Prologue: Changing the Business Model. 1. The Ten Principles of Customer Capitalism. Part One: New Ways of Doing Things. 2. Punctuating the Equilibrium. 3. The Power of to Revolutionize. 4. Becoming the Standard for New Ways of Doing Things. Part Two: The Time Value of Customers. 5. Learning to Customer Originate. 6. Customers as Lifelong Investfments. 7. Giving Margins a Break. Part Three: From Market Share to Market Spaces. 8. One More Time: What's Wrong with Market Share? 9. Market Spaces and Customer Capitalism. 10. Converging Industries and New Market Spaces. Part Four: Getting in Sooner, Staying in Longer. 11. Opportunity Managing in the Customer Activity Cycle. 12. On Higher Ground. 13. The New Electronic Go-between Service Proider. Part Five: Customers as Competitive Barriers. 14. Making Intention the Lever. 15. Getting Personal. 16. Moving to the Point of Acceleration. Part Six: New Competitive Wholes. 17. The Art of Connectivity. 18. Leading to Win-Win. 19. Practiving Complementarity. Part Seven: Locking on and Rolling Out. 20. First Prevalence then Profits. 21. Investing Up Front for Increasing Returns. 22. The Critical Value of Critical Mass. Part Eight: It's the Thought that Counts. 23. The Incredible Weight of Intangibles. 24. The Abundance Factor. 25. Mobilizing Mindpower. Part Nine: Economics of Customer Capitalism. 26 . Spreading the Cost of Learning. 27. The 'Falling Cost per Unit' Phenomenon. Part Ten: Scoring to Win. 29. Pricing for Time. 30. Valuing for Increasing Returns. References, Notes and Points of Departure. Index.

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Book SynopsisInside the Tornado teaches a startling lesson. As markets change, the very skills that you've just perfected become your biggest liabilities, and if you can't put them aside to acquire new ones you're in for tough times. This is a challenging lesson to apply but Geoffrey Moore uses inspiring examples from market-leading firms to illuminate every dimension of managing a market-focused business strategy. All industries which rely on technology - not just computer hardware, software and telecommunications, but entertainment, publishing, broadcasting, banking, insurance,healthcare, aerospace, defence, utilities, pharmaceuticals, retail and pretty well every other type of industry - must learn to thrive Inside the Tornado.Table of ContentsPart 1 The Development of Hypergrowth Markets Chapter 1 The Land of Oz Chapter 2 Crossing the Chasm—and Beyond Chapter 3 In the Bowling Alley Chapter 4 Inside the Tornado Chapter 5 On Main Street Chapter 6 Finding Your Place Part 2 Implications for Strategy Chapter 7 Strategic Partnerships Chapter 8 Competitive Advantage Chapter 9 Positioning Chapter 10 Organizational Leadership Index

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Book SynopsisProjects are a part of everyday life in an organization. Tools and procedures for project management are well understood and applied. However, the management of projects by an organization for substantial transformation is less certain in both practice and study. An awareness of how to manage increasingly complex projects, and collections of projects, to achieve the benefits of organizational transformation becomes ever more crucial in the implementation of new strategies.This book goes beyond a simple review of tools and techniques common in most publications of project management. We illustrate how the traditional practice of project management advances to handle the more complex problems inherent to strategic organizational transformation. The linkages among projects, operations, and the foundations of an organization provide a perspective of how an organization might pursue the difficult changes required of comprehensive transformation. The fashion in which the project world interacts with the executive world through successive layers of project management principles is prelude to operational benefits realization.

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Book SynopsisThe force-multiplying power of business-technology alignment is acknowledged among the biggest contributors to enterprise success in the digital age. Even so, it is a missed opportunity in most organizations, or at best, restricted to a unidimensional coalition. Successful digital enterprises define alignment between business and technology along multiple dimensions. They invest in this alignment at the level of their culture, strategy, structure, process, intellect (innovation), function, and tactics. A systematic understanding and embracement of these seven dimensions of Business Technology Alignment is at the core of a successful digital enterprise. Using familiar workplace paradigms and relatable examples, this book builds on each dimension of business-technology alignment towards strengthening the foundation on which a successful digital enterprise stands, using tricks and tips not found in textbooks and classrooms. If you are, or aspire to be, in an organization that relies on a convergence of business and technology to achieve success, this book is meant for you. It builds upon fundamental ideas in a manner designed to strike a chord in everyone—from interns to entrepreneurs.

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Book SynopsisThis book is companion to Volumes I and III in the series. Volume I covers managing strategy through capital project portfolios; Volume III is a complete case study. This volume describes the strategic challenge of adding real economic value, properly and rigorously defined. The author explains how this is accomplished through the capital budgeting process; discusses the importance of free cash flow and finally, capital projects, as financial options, are discussed, as a way to manage risk while enhancing the likelihood of project approval.The author is a retired business professor; his research interest has been the management of technology and innovation. For this book, he double-checked none of the 1,250 media items collected, accepting their overall veracity at face value. This approach advocates no one person, no one company, no one technology, and no portion of the global automobile industry. Analysis and practical application came foremost.

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Book SynopsisAs an extension of Volumes I and II of this series, this book contains a detailed elaboration of the Tesla story, in a way that also serves to examine the interaction of technology and economic forces that determine the structural profitability of any industry, especially capital-intense industries. The economics are the “five forces” introduced to the management lexicon by strategic management scholars. Here there is strong emphasis on the interplay among product technology, production and supply chains, and “Wall Street.”The author is a retired business professor; his research interest has been the management of technology and innovation. For this book, he double-checked none of the 1,250 media items collected, accepting their overall veracity at face value. This approach advocates no one person, no one company, no one technology, and no portion of the global automobile industry. Analysis and practical application came foremost.

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