Scholarly Contribution to Database/Website

Relying On External Knowledge For Competitive Advantage

Hari Bapuji, David Loree, Mary Crossan

Published : 2011

Abstract

While existing research suggests that firms create breakthrough innovations by acquiring external knowledge and applying it to their particular situation, it also underscores the difficulties in doing so. The question for managers is this: Does applying knowledge that has not been created by their organizations enhance or diminish a firm's performance? Managers whose firms make strategic decisions about their product portfolio will find helpful guidance in this article

University of Melbourne Researchers