Over the last 15 years, business model innovation (BMI) has gained an increasing amount of attention in management research and among practitioners. The emerging BMI literature addresses important phenomenon but lacks theoretical underpinning, empirical inquiry is not cumulative. Thus, a concerted effort seems warranted. Accordingly, we take stock extant on BMI. We identify analyze 150 peer-reviewed scholarly articles published between 2000 2015. provide first comprehensive systematic review...

The purpose of this perspective paper is to advance understanding absorptive capacity, its underlying dimensions, multilevel antecedents, impact on firm performance, and the contextual factors that affect capacity. Twenty years after Cohen Levinthal 1990 paper, field characterized by a wide array theoretical perspectives wealth empirical evidence. In we first review these theories studies Given size diversity capacity literature, subsequently map existing terrain research through...

Organizations are made up of individuals, and there is no organization without individuals. There nothing quite as elementary; yet this elementary truth seems to have been lost in the increasing focus on structure, routines, capabilities, culture, institutions various other collective conceptualizations much recent strategic research. It not overstating matter too say that ‘organization’ has generally entered field strategy form aggregate concepts. This editorial essay born out a frustration...

Microfoundations have received increased attention in strategy and organization theory over the past decade. In this paper, we take stock of microfoundations movement, its origins history, disparate forms. We briefly touch on similar micro movements disciplines such as economics sociology. However, our particular focus is unique features movement macro management. While management does seek to link with more psychology organizational behavior, it also a set questions, assumptions,...

The past decade has witnessed a surge of research interest in social entrepreneurship (SE). This resulted important insights concerning the role SE fostering inclusive growth and institutional change. However, rapid research, emerging nature literature, fact that builds on different disciplines fields (e.g., entrepreneurship, sociology, economics, ethics) have led to rather fragmented literature without dominant frameworks. situation risks leading duplication efforts hampers cumulative...

The notion that firms can improve their innovativeness by tapping users and customers for knowledge has become prominent in innovation studies. Similar arguments have been made the marketing literature. We argue neither literatures take sufficient account of firm organization. Specifically, attempt to leverage user customer context must design an internal organization appropriate support it. This be achieved particular through use new organizational practices, notably, intensive vertical...

It is argued that Kogut and Zander (Kogut, B., U. Zander. 1992. Knowledge of the firm, combinative capabilities, replication technology. Organ. Sci. 3 383–397.) Conner (Conner, K. R. 1991. A historical comparison resource-based theory five schools thought within industrial organization economics: Do we have a new firm? J. Management 17 121–154.) erred in specific way which they claimed distinct multi-person firm can be constructed on basis organizational knowledge or from insights. not...

Contrasting views exist on how network characteristics predict knowledge sharing. Although large, open egocentric networks foster positions that provide access to nonredundant knowledge, critics have noted such impair sharing, because trust and reciprocity do not thrive in them. This problem may, however, be resolved by including motivation ability share as moderators of the association between position Our analysis 705 employees a consultancy shows employees' acquisition provision are...

Infusing hierarchies with elements of market control has become a much-used way simultaneously increasing entrepreneurialism and motivation in firms. However, this paper argues that such “internal hybrids,” particularly their radical forms, are inherently hard to successfully design implement because fundamental incentive problem establishing credible managerial commitments not intervene delegated decision making. This theme is developed illustrated, using the case world-leading hearing aids...

Research highlights the role of external knowledge sources in recognition strategic opportunities but is less forthcoming with respect to such during process exploiting or realizing opportunities. We build on knowledge‐based view propose that often involves significant interactions sources. Organizational design can facilitate a firm's these sources, while achieving coordination among organizational members engaged opportunity exploitation. Our analysis double‐respondent survey involving 536...

Property rights economics furthers the resource-based view of strategic management in a number ways. First, resources are conceptualized as being composed multiple attributes for which property may be held. Second, resource owner's ability to create, appropriate, and sustain value from depends on that he or she holds transaction costs exchanging, defining, protecting them. While major source dissipation, reducing such dissipation create value. Implications RBV analysis sustained competitive...

The ‘knowledge governance approach’ is characterized as a distinctive, emerging approach that cuts across the fields of knowledge management, organization studies, strategy and human resource management. Knowledge taken up with how deployment mechanisms influences processes, such sharing, retaining creating knowledge. It insists on clear micro (behavioural) foundations, adopts an economizing perspective, examines links between knowledge-based units analysis diverse characteristics...

One of the important events in development resource-based theory (RBT) over past decade has been call for establishing micro-foundations RBT. However, project is still largely an unfulfilled promise. This article clarifies nature project, discusses what it may add terms additional explanatory leverage, and specifically addresses context knowledge-based value creation, a key theme

The economics of growth has shown that countries grow by better allocating whatever resources are at their disposal and introducing productivity‐enhancing innovations. Strategic entrepreneurship plays a key role in this process searching for, combining, trying out, etc., new resource combinations the pursuit profits under uncertainty. Institutions support economic freedom allow such experimentation to take place low transaction costs, positively influencing total factor productivity. We test...

Scholars increasingly seek to proffer microfoundations for macro management theory, notably strategic theory. These naturally revolve around human resources. We argue that proper theory must recognize the of motivation is first and foremost a matter cognitions organizational members, an insight we found in goal-framing emerging perspective based on cognitive science, behavioral economics, social psychology. Building this insight, key reason why goals firm performance—that is, firm-level...