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  • 2012
  • Chapter

Schumpeterian Competition and Diseconomies of Scope: Illustrations from the Histories of Microsoft and IBM

By: Timothy F. Bresnahan, Shane Greenstein and Rebecca M. Henderson
We address a longstanding question about the causes of creative destruction. Dominant incumbent firms, long successful in an existing technology, are often much less successful in new technological eras. This is puzzling, since a cursory analysis would suggest that... View Details
Keywords: Technological Innovation; Opportunities; Competition; Information Technology; Innovation and Management; Organizations; Relationships; Information Technology Industry
Related

    Robert C. Merton

    Robert C. Merton is the School of Management Distinguished Professor of Finance at the MIT Sloan School of Management.

    Merton is University Professor Emeritus at Harvard University and was the George Fisher Baker Professor of... View Details

    Keywords: banking; brokerage; financial services; insurance industry; investment banking industry; retail financial services
    • May 2009
    • Article

    The Empirical Impact of Intellectual Property Rights on Innovation: Puzzles and Clues

    By: Josh Lerner
    Economists have long seen the patent system as a crucial lever through which policymakers affect the speed and nature of innovation in the economy. It is not surprising, then, that the profound changes which have roiled the global patent system over the past 20 years... View Details
    Keywords: Economy; Policy; Innovation and Invention; Intellectual Property; Rights; Business and Government Relations
    Related
    • 31 Aug 2016
    • News

    Obama to guest-edit Wired magazine's November issue

    • 01 Mar 2019
    • News

    Building a Movement

    • 02 Jul 2022
    • News

    Zeroing Out on Zero-COVID

    • 04 Jun 2007
    • Research & Ideas

    Is Health Care Making You Better—or Dead?

    the needs of human beings, not around the needs of the status quo, didn't happen. Consumer-Driven Health Care was another book that I wrote to help change the demand for health care, to get innovation in the insurance industry. That was... View Details
    Keywords: by Sean Silverthorne; Health
    • Web

    Podcast - Business & Environment

    climate action. How Public Policy Can Drive Climate Innovation and Business Opportunities: A Conversation with USEPA’s David Cash 30 OCT 2024 | Climate Rising David Cash, the Regional Director of the U.S. Environmental Protection Agency... View Details
    • January–February 2019
    • Article

    Cracking Frontier Markets

    By: Clayton M. Christensen, Efosa Ojomo and Karen Dillon
    Executive Summary:
    With emerging-market giants such as Brazil, Russia, India, and China experiencing slowdowns, investors, entrepreneurs, and multinationals are looking elsewhere. They’ve been eyeing frontier economies such as Nigeria and Pakistan with great... View Details
    Keywords: Emerging Markets; Market Entry and Exit; Growth and Development Strategy; Demand and Consumers; Innovation and Invention; Development Economics
    Related
    • 15 Apr 2016
    • News

    How America Grew

    • 25 Jul 2014
    • News

    Expensive Small Business Lenders Are Unregulated. Should They Be?

    • 26 Sep 2023
    • Book

    Digital Strategy: A Handbook for Managing a Moving Target

    ever-increasing number of sectors, to the point that the digital-based economy will soon become the new normal (Adner et al., 2019; Cennamo et al., 2020; Dagnino & Resciniti, 2021). Concepts such as big data, artificial intelligence... View Details
    Keywords: by Dina Gerdeman; Information Technology; Technology

      Shane M. Greenstein

      Shane Greenstein is the Martin Marshall Professor of Business Administration. He teaches in the Technology, Operations and Management Unit. 

      Encompassing a wide array of questions about computing, communication, and Internet markets, Professor Greenstein’s... View Details

      Keywords: computer; information technology industry; electronics; information; e-commerce industry; internet; software
      • July 2020
      • Case

      Michael Solomonov: Jerusalem in a Bowl

      By: Boris Groysberg, Evan M.S. Hecht and Katherine Connolly Baden
      Before the COVID-19 pandemic hit, Michael Solomonov and Steven Cook had begun to wonder whether it might be time to rethink their opportunistic approach to the expansion of their small restaurant empire in Philadelphia, CooknSolo. The pandemic, however, caused an... View Details
      Keywords: Restaurant Industry; Entrepreneur; COVID-19; Crisis; Crisis Response Plans; Entrepreneurship; Food; Health Pandemics; Crisis Management; Innovation and Invention; Leadership; Creativity; Strategy; Ownership; Problems and Challenges; Risk and Uncertainty; Situation or Environment; Food and Beverage Industry; United States
      Related

        Felix Oberholzer-Gee

        Felix Oberholzer-Gee is the Andreas Andresen Professor of Business Administration at Harvard Business School. An award-winning instructor, his academic work and consulting are focused on competitive strategy and the effects of digital technology on corporate... View Details

        Keywords: media; professional services; manufacturing; advertising
        • Web

        Named Fellowship Funds - Alumni

        and telecommunications, and real estate. A widely respected business leader, entrepreneur, and philanthropist, Blavatnik is well known for his interest and investments in the nexus between scientific innovation and business. Through the... View Details
        • 25 Sep 2018
        • First Look

        New Research and Ideas, September 25, 2018

        Taxation and Innovation in the 20th Century By: Akcigit, Ufuk, John Grigsby, Tom Nicholas, and Stefanie Stantcheva Abstract—This paper studies the effect of corporate and personal taxes on innovation in the... View Details
        Keywords: Dina Gerdeman
        • 18 Jun 2021
        • News

        Who do we invent for? Patents by women focus more on women’s health, but few women get to invent

        • Web

        Strategy - Faculty & Research

        of scaling its lending operations and achieving profitability in an evolving fintech landscape. It explores Tonik's journey from its launch in 2018 to early 2024, highlighting the company's innovative approach to digital banking, its... View Details
        • 18 Mar 2011
        • Working Paper Summaries

        Schumpeterian Competition and Diseconomies of Scope: Illustrations from the Histories of Microsoft and IBM

        Keywords: by Timothy Bresnahan, Shane Greenstein & Rebecca Henderson