This study examines the extent to which firms that are collaborating with other firms in a particular area of business subsequently change modes of governance and undertake independent activities in the same area of business. …Read More
Saikat Chaudhuri and Harbir Singh discuss why companies need to cultivate their own innovation ecosystem in this interview on Wharton’s Business Radio.…Read More
Mack Institute senior fellow Charlotte Ren researches how a firm’s past experience can impact their present performance. In her article “Does Experience Imply Learning?” with Louis Mulotte and Jaideep Anand, Ren emphasizes that activities which led to previous success, while tempting for firms to repeat, may actually prove detrimental. This so-called “competency trap” distracts firms from exploring new opportunities.…Read More
