K. Dittrich and G.M. Duysters (The Netherlands)
Strategic alliances, Learning, Innovation networks, IBM.
Firms are increasingly embedded in innovation networks that cross border and industries. This paper explores innovation networks by investigating two strategies of acquiring technological capabilities, exploration and exploitation, by analyzing a large database on strategic technology alliances. The results indicate that innovation networks are indeed of growing importance, especially for the business transformation that has taken place at IBM. Thanks to its innovation networks, IBM has been able to transform from a computer manufacturing to a global service provider and software company.
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