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Firms often lose their competitive advantage when a technological change renders their existing capabilities obsolete. An important question that has received little or no attention is, what happens to these firms’ competitive advantage when the technological change instead renders obsolete the capabilities of their co-opetitors—the suppliers, customers,(More)
While a lot of attention has been paid to those characteristics of capabilities that give firms a competitive advantage, a lot less attention has been given to supporting empirical evidence and to the deployment of these capabilities. This paper presents a model for mapping firm capabilities into customer value and competitive advantage in different(More)
In exploring why innovators often do not profit from their innovations, researchers concentrate on innovators versus imitators and the extent to which owners of complementary assets capture profits from innovations. The literature provides scant attention to factors that sap profits from innovations. This paper argues that an innovator’s positioning(More)
Social entrepreneurship—the process of employing market-based methods to solve social problems—continues to grow in popularity but remains poorly understood. Researchers have justifiably expressed a growing desire to leave behind definitional debates regarding social entrepreneurship and instead focus on its antecedents and consequences. Arend’s (2013)(More)
Innovation has frequently been categorized as either radical, incremental, architectural, modular or niche, based on the effects which it has on the competence, other products, and investment decisions of the innovating entity. Often, however, an innovation which is, say, architectural at the innovator/manufacturer level, may turn out to be radical to(More)
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