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| Author: | Adner, R. Kapoor, R. |
| Title: | Value creation in innovation ecosystems: how the structure of technological interdependence affects firm performance in new technology generations |
| Journal: | Strategic Management Journal
2010 : MAR, VOL 31:3, p. 306-333 |
| Index terms: | innovation company performance interdependency technology |
| Language: | eng |
| Abstract: | The article discusses the question how the challenges of external innovators influence firm outcomes? An asymmetry created by the location of challenges associated with the focal firm is found: upstream innovation challenges seem to augment the benefits for a technology leader, whereas downstream innovation challenges diminish these benefits. The effectiveness of vertical innovation strategy in managing ecosystem interdependence is proposed to increase during technology life cycle. A framework is developed based on these arguments, which is further supported by an empirical examination of global semiconductor lithography equipment industry. |
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