Reflections on “Profiting from Innovation”
نویسندگان
چکیده
How innovators capture value from innovation is an enduring question. Two decades ago an effort was made in “Profiting rom Innovation” to unlock this conundrum. This paper reflects on the framework offered, identifies and reviews the analytical oundations of the theory, and recognizes subsequent contributions and advancements. Linkages are also made to the strategic anagement literature on “resources” and “dynamic capabilities”. Elements of a Schumpeterian theory of the firm are outlined, long with a framework to assist management in designing technology commercialization strategies. 2006 Published by Elsevier B.V.
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