Technology Acquisitions: Classic Strategic Management Questions in a New Light

A central and long-standing question for strategy as for innovation management is where to source technology (e.g., Pisano, 1990). Under which conditions should firms conduct R&D internally, and when should they rely on external sources? There is no simple answer to this question, but there has been a clear trend toward a greater emphasis on external technology sourcing, as seen in the growing resonance and popularity of the concepts of markets...