Session 102
Networks, Alliances and Entrepreneurship
Track K |
Date: Monday, October 12, 2009 |
Time: 12:45 – 14:00 |
|
Paper |
Room: Meeting Room5 |
- Session Chair:
- Ronaldo Parente, Florida International University
Abstract: In many countries marked by deep poverty, such as Africa, entrepreneurs have the desire to build world-class businesses. These entrepreneurs face a multitude of barriers. How can multinational corporations assist entrepreneurs and still make profits? We propose a strategic alliance framework where each partner contributes a strength that creates a mutual gain for the other partners--the NGO (non-governmental organization) has an understanding of the local conditions, the corporation uses resources to assist the entrepreneur and purchase their product, and the university can measure and assess the results on successes and failures of the entrepreneurial projects. These strategic alliances encourage long-term sustainability with economic returns as well as social development goals.
Abstract: Strategic alliances and organizational collaborations have become a prevalent phenomenon among a number of industries—especially within the high-technology industries, yet we make assumptions about their influence on innovation. This paper studies how a firm’s social capital (embedded within the larger network) influences its technological diversification. We propose that a firm can expand its technological breadth through its ability to internalize resources captured through exploratory strategies and accessed through two dimensions of its social capital. We also suggest that exploitative strategies will lead to a narrow technological breadth. This study contributes to the ambidexterity (exploration versus exploitation) literature through the extension of Koka and Prescott’s (2002) multidimensional construct of social capital in examining the differential effects of social capital. Such clarification also offers better prescriptions for managers in managing the firm’s network structure.
Abstract: How does breakthrough innovation emerge in response to complex problems such as those found in biotechnology? While much research into information technology and digital convergence has been undertaken, currently, the path to technology convergence in the biosciences, which is rapidly emerging as the largest industry in the world, is poorly understood. Using wound healing products as an example, we examine the role of diversity in early-stage innovation, when varied disciplines develop multiple solutions independently which increases the diversity of the innovation system and probability of a convergent breakthrough. Our analysis suggests that a stage-based model based on both market demand and the emergence of a significant catalyst, which converts weak redundant ties into strong unique ties, is needed to describe technology convergence in the life sciences.
All Sessions in Track K...
- Sun: 10:00 – 11:30
- Session 254: Developing a Game Plan for Strategy Research on Social Entrepreneurship
- Sun: 13:00 – 14:30
- Session 253: Knowledge Spillovers and Strategic Entrepreneurship
- Sun: 15:00 – 16:30
- Session 252: Key Issues and Emerging Questions in Entrepreneurial Strategy Research
- Sun: 16:30 – 17:30
- Session 315: Entrepreneurship & Strategy, IG Meeting
- Mon: 12:45 – 14:00
- Session 102: Networks, Alliances and Entrepreneurship
- Session 244: Entrepreneurship in Emerging and Transition Economies
- Mon: 15:45 – 17:00
- Session 100: Founders, Founding Conditions and Human Capital
- Session 249: Examining Entrepreneurial Phenomena at Multiple Levels
- Mon: 17:15 – 18:30
- Session 101: Opportunities & Founders
- Session 248: Issues in Governance and Technology Commercialization in New Ventures
- Tue: 10:00 – 11:15
- Session 107: Current Thoughts on Entrepreneurship in Emerging and Transition Economies
- Session 111: Opportunties, Uncertainty & Innovation in Entrepreneurial Ventures
- Tue: 11:30 – 12:45
- Session 106: Current Thoughts on Signaling and Venture Capital
- Tue: 14:30 – 15:45
- Session 108: The Impact of Institutions, Regions and Countries on Entrepreneurial Ventures
- Wed: 10:00 – 11:15
- Session 105: Current Research on Serial Entrepreneurs and Market Makers
- Session 112: The Impacts of Diversification on Entrepreneurial Ventures
- Wed: 11:30 – 12:45
- Session 104: Employees Mobility and Corporate Entrepreneurship
- Session 109: Current Research on Uncertainty and Entrepreneurship