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ALLIANCES FOR INNOVATIONS Michael A. Einhorn, Ph.D. Rothman Institute for Entrepreneurship.

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Presentation on theme: "ALLIANCES FOR INNOVATIONS Michael A. Einhorn, Ph.D. Rothman Institute for Entrepreneurship."— Presentation transcript:

1 ALLIANCES FOR INNOVATIONS Michael A. Einhorn, Ph.D. Rothman Institute for Entrepreneurship

2 EXPLICIT KNOWLEDGE ExpressableTeachableAppropriableProtectable

3 TACIT KNOWLEDGE Routines, know-how, norms Often not expressable or teachable Often not appropriable Often not protectable

4 SENSEMAKING Searching, Learning by Doing Adaptable to Feedback Incipient Innovation & More Tacit Knowledge T1 + T2 = T1 + T2 + T1T2

5 STRATEGY Differentiated Product Nonappropriable Competence Innovationability Economic Rents and Profits

6 ORGANIZATIONAL NETWORK Bolshevik Model Star Network Open Source Skunkworks

7 WHEN TO MERGE? Market and Information Ecology Economies of Scale and Scope Information Synergies Outside of JV When Cisco Calls

8 Michael A. Einhorn, Ph.D. Rothman Institute of Entrepreneurship y y y


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