By Michael A. Zaggl, Arvind Malhotra, Oliver Alexy, Ann Majchrzak Crowdsourcing is a popular innovation method for problem-solving. To use crowdsourcing successfully, firms often constrain their problems by narrowing the problem formulation and thus pre-specifying the problem. The constraining sets a focus for the crowd’s … Continue reading Governing crowdsourcing for unconstrained innovation problems
What insights does strategy research offer to practitioners interested in nurturing the creation and ongoing development of a range of different types of ecosystems? In our introduction to an SMS Collection, we distill relevant findings and outline four strategies for … Continue reading How to nurture and develop your ecosystem: Insights for ecosystem architects
In a growing number of settings, product development is based on standardized tools that make it easier than ever to create a product and bring it to market. In the context of software development, no-code or low-code tools are increasingly … Continue reading Development Tools: Enabling Innovation, but at What Cost?
By Haram Seo, Jiao Luo, and Aseem Kaul. “Jack of all trades”, the saying goes, “is a master of none”. Yet when it comes to corporate philanthropy, being a jack of all trades may in fact be the dominant strategy. … Continue reading Why Charity is More Profitable if you Spread it Around
By Heather Berry, Aseem Kaul and Narae Lee The pollution haven effect—firms taking advantage of lax environmental standards in foreign countries by shifting their manufacturing activities there—has been extensively documented in both economics and management as governments and firms consider … Continue reading How Firms Take Advantage of Pollution Havens through Global Sourcing