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This book offers a fresh approach to strategy by examining the idea
of Optionality. Optionality is the right, but not the obligation,
to take an action. Built on historic military tactics, static
engineering principles, and equilibrium-seeking economics,
conventional strategic-thinking suffers some weaknesses, principal
of which is its inability to deal with conditions of high
uncertainty. This book begins by dividing the business landscape
into three distinct domains; (1) Fragile, (2) Robust, and (3)
Long-shot (FRL), which alert us to the context-specificity of
strategy tools, before suggesting that theoretical lenses are
required to understand and implement strategy in VUCA (Volatile,
Uncertain, Complex, and Ambiguous) domains. The authors explore the
concept and methodology of Optionality in order to demonstrate how
it can be used in conjunction with existing strategy tools in order
to achieve competitive success. It will be of great interest to
academics and students of strategy and innovation.
This new book explores how firms achieve competitive advantage in a
disruptive, digital and globalized business landscape. An
integrative framework, 'The Four Rs of Competitive Success', is
introduced, which covers the four core pillars of global strategy:
resources and capabilities, technology and innovation
(recombination), internationalization and international markets
(reach), and physical and virtual location (roots). It then
explains how competitive advantage is achieved through an
interaction of these four drivers against the backdrop of a
globalized and digitized world. It is uniquely practical in its
approach, combining theoretical understanding with international
case studies and real-life examples throughout each chapter,
including Apple, IKEA and Microsoft. Unlocking Strategic Innovation
is concise, applied reading for postgraduate students studying
international business, corporate strategy, innovation and digital
strategy, as well as academics in the field. It will also be
important reading for practitioners looking to gain further
understanding of how firms compete and flourish in a global and
technology-driven environment.
This book explores the idea of the 'Entrepreneurial University'
within the institutional environment that focuses on the
production, dissemination, and exploitation of knowledge. Keeping
its gaze firmly on the constitutive elements of the knowledge-based
institutional environment - the key actors and their interactions -
the book makes important theoretical and empirical contributions to
the burgeoning literature on academic entrepreneurship. The
contributing chapters in the book draw insights from a range of
disciplines including history, institutional and evolutionary
economics, strategic management, entrepreneurship, and innovation
studies to explore how institutions can create new business
opportunities in turbulent times. This interdisciplinary approach
has generated a rich and diverse set of insights on the idea of
Entrepreneurial Universities for students, researchers,
practitioners and policymakers interested in innovation and
technology studies, entrepreneurship, and knowledge management.
This new book explores how firms achieve competitive advantage in a
disruptive, digital and globalized business landscape. An
integrative framework, 'The Four Rs of Competitive Success', is
introduced, which covers the four core pillars of global strategy:
resources and capabilities, technology and innovation
(recombination), internationalization and international markets
(reach), and physical and virtual location (roots). It then
explains how competitive advantage is achieved through an
interaction of these four drivers against the backdrop of a
globalized and digitized world. It is uniquely practical in its
approach, combining theoretical understanding with international
case studies and real-life examples throughout each chapter,
including Apple, IKEA and Microsoft. Unlocking Strategic Innovation
is concise, applied reading for postgraduate students studying
international business, corporate strategy, innovation and digital
strategy, as well as academics in the field. It will also be
important reading for practitioners looking to gain further
understanding of how firms compete and flourish in a global and
technology-driven environment.
This book provides an explanation of the nature of the Indian
university system, including its specificities and its
peculiarities as well as exploring how they developed. It offers a
historical and institutional perspective by singling out the forces
that have shaped the present Indian higher education system.
Bridging the pre-independence and the post-independence eras, the
book illustrates the continuities as well as the differences
between the two epochs. It makes a compelling case for the idea
that history matters, and an understanding of India's history is
crucial to understanding the present day Indian university scene.
Using multiple paradigmatic case studies, based on the University
of Calcutta, the Indian Institute of Science, and the Indian
Statistical Institute, the book highlights the dominant ideologies
and interests that have shaped the university system since its
inception in 1857. It will be of great importance to students and
scholars of history and education, particularly those with an
interest in the history of India and its education system.
This book explores the idea of the 'Entrepreneurial University'
within the institutional environment that focuses on the
production, dissemination, and exploitation of knowledge. Keeping
its gaze firmly on the constitutive elements of the knowledge-based
institutional environment - the key actors and their interactions -
the book makes important theoretical and empirical contributions to
the burgeoning literature on academic entrepreneurship. The
contributing chapters in the book draw insights from a range of
disciplines including history, institutional and evolutionary
economics, strategic management, entrepreneurship, and innovation
studies to explore how institutions can create new business
opportunities in turbulent times. This interdisciplinary approach
has generated a rich and diverse set of insights on the idea of
Entrepreneurial Universities for students, researchers,
practitioners and policymakers interested in innovation and
technology studies, entrepreneurship, and knowledge management.
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