This paper contains a theory review of value creation and the implementation of next-
generation sustainable business models to profit in the circular economy. While previous …

Research summary: T his article provides a review of real options theory (ROT) in strategic
management research. We review the fundamentals of ROT and provide a taxonomy of this …

The recent emergence of blockchains may be considered a critical turning point in
organizing collaborations. We outline the historical background and the fundamental …

Abstract Research Summary Ownership is fundamental to firm strategy, organization, and
governance. Standard ownership concepts—mainly derived from agency and incomplete …

Research Summary: Platform owners sometimes enter complementors' product spaces and
compete against them. Using data from Amazon. com to study Amazon's entry pattern into …

We argue that under certain circumstances crowdsourcing transforms distant search into
local search, improving the efficiency and effectiveness of problem solving. Under such …

The logit and probit models have become critical parts of the management researcher's
analytical arsenal, growing rapidly from almost no use in the 1980s to appearing in 15% of …

abstract The outsourcing of research and development (R&D) activities has frequently been
characterized as an important instrument to acquire external technological knowledge that is …

A significant amount of empirical work has examined the role of alliances in enhancing firms'
innovative output and economic performance. Most of this research directly relates …

Since the publication of Williamson's Markets and Hierarchies, many empirical articles have
investigated the tenets of transaction cost theory. Using meta-analytic techniques, we …