Management Insights

Why Do Rival Firms Join Forces? A New Study Unpacks the Power of Business Collective Action 

Why Do Rival Firms Join Forces? A New Study Unpacks the Power of Business Collective Action 

In today’s competitive markets, it may seem surprising that rival companies would choose to collaborate—but they do, and often with significant impact. Business collective action (BCA)—the coordinated efforts of competing firms to pursue shared interests—has become a...

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Unlocking the power of innovation: Why your business units—and star talent—hold the key to competitive advantage 

Unlocking the power of innovation: Why your business units—and star talent—hold the key to competitive advantage 

A group of light bulbs sitting on top of a blue table photo – Wallpaper Image on Unsplash Abstract: What truly drives innovation performance—and does it differ by innovation outcome? Analyzing 43 years of U.S. patent data, our study, recently published in the Journal...

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