About the subject
Innovation strategy involves considering how the locus of knowledge and learning changes when firms change their boundaries, adapting to the evolving market as innovation reshapes industries, and understanding the role that startup acquisitions play in balancing the innovation vs. efficiency trade-off.
Related questions
to consider
- How does the locus of knowledge and learning change when firms change their boundaries?
- How do firms sustain and leverage existing competitive advantages to maximize corporate growth?
- As innovation changes industry, how do firms evolve in line with the market’s changes?
- What role do startup acquisitions play in balancing the innovation vs. efficiency trade-off?
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The big six questions
of strategic management
This is one question in a series, the Big Six Questions of Strategic Management, aimed at bridging the worlds of scholarship and practice. These questions serve as an inspiration to guide the development of actionable insights, frameworks, tools, and resources for the SMS community.