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Strategy, Innovation and the Theory of the Firm

Strategy, Innovation and the Theory of the Firm
Author: David J. Teece
Publisher: Edward Elgar Publishing
Total Pages: 0
Release: 2012
Genre: Business planning
ISBN: 9781849808644

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David Teece is one of the leading thinkers on issues of strategic management, particularly the importance of dynamic capabilities for organizations in industries undergoing change. This collection of his papers explores ideas of both theoretical and practical significance. 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. Another area of focus is the theoretical and conceptual understanding of the essence of the firm. In an era of global specialization, mainstream theories about contracts and production functions fall short of the reality that managers confront every day. David Teece's understanding of these realities is well reflected and clearly articulated in this book.


Theory of the Firm for Strategic Management

Theory of the Firm for Strategic Management
Author: Manuel Becerra
Publisher: Cambridge University Press
Total Pages: 310
Release: 2009-02-05
Genre: Business & Economics
ISBN: 0521863341

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Develops a value-based theory of the firm specifically aimed at strategic decision-making.


Sustainable Growth Through Strategic Innovation

Sustainable Growth Through Strategic Innovation
Author: Mitsuru Kodama
Publisher: Edward Elgar Publishing
Total Pages: 332
Release: 2018
Genre: Business & Economics
ISBN: 1785366386

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From detailed reviews of existing dynamic capabilities, this book presents a theoretical model of a strategic innovation system as a corporate system capability to enable a large company to achieve strategic innovation. The book includes in-depth case studies to illustrate the importance of strategic innovation capabilities.


Business Model Innovation Strategy

Business Model Innovation Strategy
Author: Raphael Amit
Publisher: John Wiley & Sons
Total Pages: 400
Release: 2020-09-01
Genre: Business & Economics
ISBN: 111968966X

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The most comprehensive, global guide to business model design and innovation for academic and business audiences. Business Model Innovation Strategy: Transformational Concepts and Tools for Entrepreneurial Leaders is centered on a timely, mission-critical strategic issue that both founders of new firms and senior managers of incumbent firms globally need to address as they reimagine their firms in the post COVID-19 world. The book, which draws on over 20 years of the authors collaborative theoretical and rigorous empirical research, has a pragmatic orientation and is filled with examples and illustrations from around the world. This action-oriented book provides leaders with a rigorous and detailed guide to the design and implementation of innovative, and scalable business models for their companies. Faculty and students can use Business Model Innovation Strategy as a textbook in undergraduate, MBA, and EMBA degree courses as well as in executive courses of various designs and lengths. The content of the book has been tested in both degree and non-degree courses at some of the world's leading business schools and has helped students and firm leaders to develop ground-breaking business model innovations. This book will help you: Learn the basics of business model innovation ̄including the latest developments in the field Learn how business model innovation presents new and profitable business opportunities in industries that were considered all but immune to attacks from newcomers Learn how to determine the viability of your current business model Explore new possibilities for value creation by redesigning your firm's business model Receive practical, step-by-step guidance on how to introduce business model innovation in your own company Become well-versed in an important area of business strategy and entrepreneurship Authors Amit and Zott anchored the book on their pioneering research and extensive scholarly and practitioner-oriented publications on the design, implementation, and performance implications of innovative business models. They are the most widely cited researchers in the field of business model innovation, and they teach at the top-ranked Wharton School of the University of Pennsylvania and the prestigious global business school IESE with campuses in Barcelona, Madrid, Munich, New York, and São Paulo.


The Strategic Management of Innovation

The Strategic Management of Innovation
Author: Jon Sundbo
Publisher: Edward Elgar Publishing
Total Pages: 240
Release: 2001
Genre: Business & Economics
ISBN:

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Following two 1998 publications in which he first reviewed and analyzed innovation theory, then identified three paradigms and presented an empirical analysis of innovation in services, Sundbo (business administration, innovation, and technology development, Roskilde U., Denmark) takes his study to a third stage by using empirical results as a basis for developing the contemporary paradigm identified--but developed only in a preliminary stage--in the first book. His long-term goal is to understand what innovation is in contemporary firms and societies, and to develop a new theoretical understanding of it. Annotation copyrighted by Book News, Inc., Portland, OR


Handbook of Entrepreneurship Research

Handbook of Entrepreneurship Research
Author: Sharon A. Alvarez
Publisher: Springer Science & Business Media
Total Pages: 286
Release: 2006-03-30
Genre: Business & Economics
ISBN: 0387236228

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early economic thinkers and classic works such as Cantillon (1755), Knight (1921), and Kirzner (1973). The paper opens by explaining how uncertainty and thus entrepreneurship disappeared from microeconomic theory as it became increasingly formalized (and stylized). It then goes on to bring the entrepreneur and entrepreneurial decision-making back into economic theory by focusing on the interrelationships among actors, knowledge, and perceived economic opportunities using a resource-based framework. The third paper in this section (Chapter 4) is by Foss and Klein, "Entrepreneurship and the Economic Theory of the Firm: Any Gains from Trade?" Foss and Klein strongly link theories of the firm to entrepreneurship, arguing a fundamental and intrinsic connection between the two. They, like Mahoney and Michael, explain how entrepreneurship became less important in economic models as the general equilibrium model became dominant. Foss and Klein ask: Does the entrepreneur need a firm? They focus on the judgment of the entrepreneur and suggest that this judgment is exercised through asset ownership and starting a firm. Foss and Klein further argue that it is through this notion of judgment that heterogeneous assets combine to meet future wants.


Design Thinking for Strategic Innovation

Design Thinking for Strategic Innovation
Author: Idris Mootee
Publisher: John Wiley & Sons
Total Pages: 228
Release: 2013-08-12
Genre: Business & Economics
ISBN: 1118620127

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A comprehensive playbook for applied design thinking in business and management, complete with concepts and toolkits As many companies have lost confidence in the traditional ways of running a business, design thinking has entered the mix. Design Thinking for Strategic Innovation presents a framework for design thinking that is relevant to business management, marketing, and design strategies and also provides a toolkit to apply concepts for immediate use in everyday work. It explains how design thinking can bring about creative solutions to solve complex business problems. Organized into five sections, this book provides an introduction to the values and applications of design thinking, explains design thinking approaches for eight key challenges that most businesses face, and offers an application framework for these business challenges through exercises, activities, and resources. An essential guide for any business seeking to use design thinking as a problem-solving tool as well as a business method to transform companies and cultures The framework is based on work developed by the author for an executive program in Design Thinking taught in Harvard Graduate School of Design Author Idris Mootee is a management guru and a leading expert on applied design thinking Revolutionize your approach to solving your business's greatest challenges through the power of Design Thinking for Strategic Innovation.


The Theory of Innovation

The Theory of Innovation
Author: Jon Sundbo
Publisher: Edward Elgar Publishing
Total Pages: 232
Release: 1998-01-01
Genre: Business & Economics
ISBN: 9781781008898

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This book presents for the first time a coherent analysis of the development of innovation theory from the nineteenth century to the present day. It examines the emergence of different theories of innovation in different periods, and how they compete for dominance today. Specifically, it looks at three paradigms within innovation theory - entrepreneurship, the rise of technology and strategic behaviour. This book will be essential reading for academics interested in innovation, technology and industrial organization.


Beyond Competitive Advantage

Beyond Competitive Advantage
Author: Todd Zenger
Publisher: Harvard Business Review Press
Total Pages: 221
Release: 2016-05-24
Genre: Business & Economics
ISBN: 1633690016

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A competitive advantage just isn't enough. Your company is turning in regular profits every year, and its market share is only getting bigger. Competitors can’t touch you. So why is your stock price so sluggish? The answer is as simple as it is cruel: investors aren’t interested in history, and they already know you’re profitable and competitive—that knowledge is baked into your stock price. The hard reality is that a competitive advantage just isn’t enough. Investors want companies to surprise them with unexpected value, which means that you can outperform market expectations only if you as a leader know how to find, create, and deliver a series of multiple competitive advantages. This is why a corporate theory is so important. A good corporate theory provides a compass for those at the strategic helm, guiding their decisions about what assets and activities to pursue, what investments to make, and what strategies to adopt. Behind every long-term corporate success story lies a basic theory about how that company creates value. In Beyond Competitive Advantage, strategy professor Todd Zenger describes what makes a great corporate theory and helps readers understand the many tensions and trade-offs they’ll face as they apply the theory to meet the challenge of market expectations. Based on years of research and analysis, Beyond Competitive Advantage provides managers and executives with a framework for both sustaining value and creating growth.


The Theory of the Firm

The Theory of the Firm
Author: Daniel F. Spulber
Publisher: Cambridge University Press
Total Pages: 542
Release: 2009-04-13
Genre: Business & Economics
ISBN: 0521517389

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The Theory of the Firm presents an innovative general analysis of the economics of the firm.