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Technology Strategy and Innovation Management
This essential volume brings together contributions by leading scholars in strategic management, which analyse contemporary thought in complex, knowledge-intensive and dynamic environments. This set of scholarly articles examines the unique challenges posed in these settings and explores the logic that may be used to evaluate innovative investment proposals. It also considers how to capture value from assets in product or knowledge markets, and how to design organizations to assemble resources in innovative settings.
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Critical Acclaim
Contributors
Contents
More Information
This essential volume brings together contributions by leading scholars in strategic management, which analyse contemporary thought in complex, knowledge-intensive and dynamic environments. This set of scholarly articles examines the unique challenges posed in these settings and explores the logic that may be used to evaluate innovative investment proposals. It also considers how to capture value from assets in product or knowledge markets, and how to design organizations to assemble resources in innovative settings.
This important collection, with an original introduction by the editors, will be of great value to academics and practitioners interested in technology strategy and innovation management.
This important collection, with an original introduction by the editors, will be of great value to academics and practitioners interested in technology strategy and innovation management.
Critical Acclaim
‘The topics of technology strategy and innovation management are highly complex, often misunderstood, and frequently over-simplified. However, that is not because they are understudied. Precisely because these topics are so important, given their central role in competition, productivity, and economic growth, they have received a great deal of attention from management scholars, economists, sociologists, and other social scientists. Unfortunately, much of this research remains in academic journals, without context and meaning as an aggregate body of work. Professors Leiblein and Ziedonis have carefully articulated the key findings from this literature, organizing them around three general themes: creating, capturing, and delivering value, in a way that makes this important line of inquiry much more meaningful and accessible to practitioners and scholars alike. This is a timely and important book.’
– Ajay K. Agrawal, University of Toronto, Canada
‘In Technology Strategy and Innovation Management, Leiblein and Ziedonis have done a thorough job assembling a collection of papers at the heart of technology strategy and innovation management. The collection provides many of the seminal articles in technology and innovation and across multiple research arenas, including innovation typologies, value creation and capture, resource allocation, organizational and inter-organizational approaches and real options. The collection will certainly become a “must-have” for anyone interested in better understanding technology strategy and innovation management.’
– Jeffrey Macher, Georgetown University, US
‘A timely, well considered collection of influential articles that have, and continue to, shape the conversation in strategy and innovation.’
– Ron Adner, Tuck Business School, Dartmouth College, US
‘This volume should be on every professor’s and PhD student’s book shelf! Leiblein and Ziedonis have carefully covered the field with the most classic and important articles published in the last twenty years. Thus, Technology Strategy and Innovation Management will be the key reference source for this exciting field for years to come.’
– Christopher L. Tucci, École Polytechnique Fédérale de Lausanne, Switzerland
– Ajay K. Agrawal, University of Toronto, Canada
‘In Technology Strategy and Innovation Management, Leiblein and Ziedonis have done a thorough job assembling a collection of papers at the heart of technology strategy and innovation management. The collection provides many of the seminal articles in technology and innovation and across multiple research arenas, including innovation typologies, value creation and capture, resource allocation, organizational and inter-organizational approaches and real options. The collection will certainly become a “must-have” for anyone interested in better understanding technology strategy and innovation management.’
– Jeffrey Macher, Georgetown University, US
‘A timely, well considered collection of influential articles that have, and continue to, shape the conversation in strategy and innovation.’
– Ron Adner, Tuck Business School, Dartmouth College, US
‘This volume should be on every professor’s and PhD student’s book shelf! Leiblein and Ziedonis have carefully covered the field with the most classic and important articles published in the last twenty years. Thus, Technology Strategy and Innovation Management will be the key reference source for this exciting field for years to come.’
– Christopher L. Tucci, École Polytechnique Fédérale de Lausanne, Switzerland
Contributors
25 articles, dating from 1986 to 2007
Contributors include: C. Christensen, R. Henderson, D. Levinthal, D. Mowery, J. Nickerson, D. Teece, M. Tripsas, M. Tushman, S. Winter, T. Zenger
Contributors include: C. Christensen, R. Henderson, D. Levinthal, D. Mowery, J. Nickerson, D. Teece, M. Tripsas, M. Tushman, S. Winter, T. Zenger
Contents
Contents:
Acknowledgements
Introduction Michael J. Leiblein and Arvids A. Ziedonis
PART I TYPES OF INNOVATION
1. Michael L. Tushman and Philip Anderson (1986), ‘Technological Discontinuities and Organizational Environments’
2. Rebecca M. Henderson and Kim B. Clark (1990), ‘Architectural Innovation: The Reconfiguration of Existing Product Technologies and the Failure of Established Firms’
3. Clayton M. Christensen and Joseph L. Bower (1996), ‘Customer Power, Strategic Investment, and the Failure of Leading Firms’
PART II CAPTURING VALUE FROM INNOVATION
4. David J. Teece (1986), ‘Profiting from Technological Innovation: Implications for Integration, Collaboration, Licensing, and Public Policy’
5. Richard C. Levin, Alvin K. Klevorick, Richard R. Nelson and Sidney G. Winter (1987), ‘Appropriating the Returns from Industrial Research and Development’
6. Sidney G. Winter (2000), ‘Appropriating the Gains from Innovation’
7. Joshua S. Gans and Scott Stern (2003), ‘The Product Market and the Market for “Ideas”: Commercialization Strategies for Technology Entrepreneurs’
8. Ashish Arora and Marco Ceccagnoli (2006), ‘Patent Protection, Complementary Assets, and Firms’ Incentives for Technology Licensing’
9. Mary Tripsas (1997), ‘Unraveling the Process of Creative Destruction: Complementary Assets and Incumbent Survival in the Typesetter Industry’
PART III DELIVERING INNOVATIVE VALUE THROUGH RESOURCE ALLOCATION AND ORGANIZATION ACTIVITY
10. Wesley M. Cohen and Daniel A. Levinthal (1990), ‘Absorptive Capacity: A New Perspective on Learning and Innovation’
11. Lee Fleming and Olav Sorenson (2004), ‘Science as a Map in Technological Search’
12. Jack A. Nickerson and Todd R. Zenger (2004), ‘A Knowledge-based Theory of the Firm – The Problem-Solving Perspective’
13. Iain M. Cockburn, Rebecca M. Henderson and Scott Stern (2000), ‘Untangling the Origins of Competitive Advantage’
PART IV DELIVERING INNOVATIVE VALUE THROUGH INTER-ORGANIZATIONAL DRIVERS
14. Gary P. Pisano (1990), ‘The R&D Boundaries of the Firm: An Empirical Analysis’
15. Walter W. Powell, Kenneth W. Koput and Laurel Smith-Doerr (1996), ‘Interorganizational Collaboration and the Locus of Innovation: Networks of Learning in Biotechnology’
16. David C. Mowery, Joanne E. Oxley and Brian S. Silverman (1996), ‘Strategic Alliances and Interfirm Knowledge Transfer’
17. Michael J. Leiblein, Jeffrey J. Reuer and Frédéric Dalsace (2002), ‘Do Make or Buy Decisions Matter? The Influence of Organizational Governance on Technological Performance’
18. Joanne E. Oxley and Rachelle C. Sampson (2004), ‘The Scope and Governance of International R&D Alliances’
19. Gautam Ahuja and Riitta Katilla (2001), ‘Technological Acquisitions and the Innovation Performance of Acquiring Firms: A Longitudinal Study’
PART V REAL OPTIONS
20. Rita Gunther McGrath (1997), ‘A Real Options Logic for Initiating Technology Positioning Investments’
21. Bruce Kogut and Nalin Kulatilaka (2001), ‘Capabilities as Real Options’
22. Timothy B. Folta and Jonathan P. O’Brien (2004), ‘Entry in the Presence of Dueling Options’
23. Michael J. Leiblein and Arvids A. Ziedonis (2007), ‘Deferral and Growth Options Under Sequential Innovation’
24. Arvids A. Ziedonis (2007), ‘Real Options in Technology Licensing’
25. Ron Adner and Daniel A. Levinthal (2004), ‘What Is Not A Real Option: Considering Boundaries for the Application of Real Options to Business Strategy’
Acknowledgements
Introduction Michael J. Leiblein and Arvids A. Ziedonis
PART I TYPES OF INNOVATION
1. Michael L. Tushman and Philip Anderson (1986), ‘Technological Discontinuities and Organizational Environments’
2. Rebecca M. Henderson and Kim B. Clark (1990), ‘Architectural Innovation: The Reconfiguration of Existing Product Technologies and the Failure of Established Firms’
3. Clayton M. Christensen and Joseph L. Bower (1996), ‘Customer Power, Strategic Investment, and the Failure of Leading Firms’
PART II CAPTURING VALUE FROM INNOVATION
4. David J. Teece (1986), ‘Profiting from Technological Innovation: Implications for Integration, Collaboration, Licensing, and Public Policy’
5. Richard C. Levin, Alvin K. Klevorick, Richard R. Nelson and Sidney G. Winter (1987), ‘Appropriating the Returns from Industrial Research and Development’
6. Sidney G. Winter (2000), ‘Appropriating the Gains from Innovation’
7. Joshua S. Gans and Scott Stern (2003), ‘The Product Market and the Market for “Ideas”: Commercialization Strategies for Technology Entrepreneurs’
8. Ashish Arora and Marco Ceccagnoli (2006), ‘Patent Protection, Complementary Assets, and Firms’ Incentives for Technology Licensing’
9. Mary Tripsas (1997), ‘Unraveling the Process of Creative Destruction: Complementary Assets and Incumbent Survival in the Typesetter Industry’
PART III DELIVERING INNOVATIVE VALUE THROUGH RESOURCE ALLOCATION AND ORGANIZATION ACTIVITY
10. Wesley M. Cohen and Daniel A. Levinthal (1990), ‘Absorptive Capacity: A New Perspective on Learning and Innovation’
11. Lee Fleming and Olav Sorenson (2004), ‘Science as a Map in Technological Search’
12. Jack A. Nickerson and Todd R. Zenger (2004), ‘A Knowledge-based Theory of the Firm – The Problem-Solving Perspective’
13. Iain M. Cockburn, Rebecca M. Henderson and Scott Stern (2000), ‘Untangling the Origins of Competitive Advantage’
PART IV DELIVERING INNOVATIVE VALUE THROUGH INTER-ORGANIZATIONAL DRIVERS
14. Gary P. Pisano (1990), ‘The R&D Boundaries of the Firm: An Empirical Analysis’
15. Walter W. Powell, Kenneth W. Koput and Laurel Smith-Doerr (1996), ‘Interorganizational Collaboration and the Locus of Innovation: Networks of Learning in Biotechnology’
16. David C. Mowery, Joanne E. Oxley and Brian S. Silverman (1996), ‘Strategic Alliances and Interfirm Knowledge Transfer’
17. Michael J. Leiblein, Jeffrey J. Reuer and Frédéric Dalsace (2002), ‘Do Make or Buy Decisions Matter? The Influence of Organizational Governance on Technological Performance’
18. Joanne E. Oxley and Rachelle C. Sampson (2004), ‘The Scope and Governance of International R&D Alliances’
19. Gautam Ahuja and Riitta Katilla (2001), ‘Technological Acquisitions and the Innovation Performance of Acquiring Firms: A Longitudinal Study’
PART V REAL OPTIONS
20. Rita Gunther McGrath (1997), ‘A Real Options Logic for Initiating Technology Positioning Investments’
21. Bruce Kogut and Nalin Kulatilaka (2001), ‘Capabilities as Real Options’
22. Timothy B. Folta and Jonathan P. O’Brien (2004), ‘Entry in the Presence of Dueling Options’
23. Michael J. Leiblein and Arvids A. Ziedonis (2007), ‘Deferral and Growth Options Under Sequential Innovation’
24. Arvids A. Ziedonis (2007), ‘Real Options in Technology Licensing’
25. Ron Adner and Daniel A. Levinthal (2004), ‘What Is Not A Real Option: Considering Boundaries for the Application of Real Options to Business Strategy’