George Day, Geoffrey T. Boisi Professor Emeritus, The Wharton School, Paul J. H. Schoemaker, Q2 Technologies LLC, and Govi Rao, Phase Change Solutions Strategy & Leadership, 2020 The case of Philips Lighting shows how management coped with the ambiguous but real threats and opportunities of a highly disruptive emerging technology…Read More
Mandy Birch, head of engineering strategy at Rigetti Computing, talks about how businesses can use the power of quantum computing to gain competitive advantages.…Read More
Previous research has analyzed the imprinting effect associated with the firm’s international expansion without considering the full range of differences between home and host countries. These differences are important because, depending on the development gap, and the direction of the difference, learning opportunities and the possibility of upgrading firm’s capabilities will be vastly different. …Read More
“Disrupt yourself or be disrupted!” is the relentless message company leaders hear. If we only incrementally improve current products, we’re told, we’re doomed to failure. What should innovators do – incrementally enhance current products or swing for the fences? …Read More
In knowledge-based industries, continuous human-capital investments are essential for firms to enhance capabilities and sustain competitive advantage. However, such investments present a dilemma for firms, because human resources are mobile.…Read More
While much is understood about the general pattern of industry dynamics, a critical element underlying these dynamics, the rate of the expansion of individual firms, has been largely overlooked. We argue that the rate at which firms can reliably increase their scale of operations is a critical factor in understanding the structure of industries.…Read More
This paper shows how idiosyncratic resources can drive sustained profitability and persistent heterogeneity under competitive conditions. Generic inputs purchased in the market become idiosyncratic resources as the result of firms’ investments in customization.…Read More
This dissertation studies firm strategy to gain technological knowledge from external sources in dynamic industries and the performance implications of these strategies. In dynamic industries, firms need to integrate new knowledge, and build new resources and capabilities to maintain competitive advantage.…Read More
