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| Author: | Ferrary, M. |
| Title: | Specialized organizations and ambidextrous clusters in the open innovation paradigm |
| Journal: | European Management Journal
2011 : JUN, VOL 29:3 p. 181-192 |
| Index terms: | MERGERS development cluster analysis high technology venture capital companies |
| Language: | eng |
| Abstract: | After comparing Lucent Technologies and Cisco Systems over twenty years, it is illustrated that a firm which outsources exploration through an Acquisition and Development (A&D) strategy of start-ups and exploitation specialization can be more innovative and competitive than an ambidextrous organization. The success of an A&D strategy depends on the embeddedness of the firm in the network of organizations comprised of an open innovation system and supported by an inter-organizational process of innovation. The spreading of this kind of strategy among large companies reinforces the dynamics of the open innovation system and nurtures the cluster's ambidexterity. |
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