Conceptual Framework

Caroline M. Sipp and Elias G. Carayannis
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Caroline M. Sipp: Inter-American Development Bank
Elias G. Carayannis: The George Washington University

Chapter Chapter 1 in Real Options and Strategic Technology Venturing, 2013, pp 1-14 from Springer

Abstract: Abstract In today’s hypercompetitive and glocalized marketplace, firms need to systematically leverage and arbitrage strategic knowledge to create sustainable entrepreneurship and robust competitiveness (E. G. Carayannis 2008, 2009). The nature and dynamics of choice evolve with time, driven both by intrinsic and extrinsic factors. In this context, co-opetition, coevolution, and co-specialization events and processes, as well as strategic knowledge arbitrage and serendipity (SKARSETM) (E. G. Carayannis 2008) “conspire” to continually recast and reshape the landscape within which choices are made.

Keywords: Real Option; Creative Destruction; Technology Investment; Strategic Knowledge; Discount Cash Flow (search for similar items in EconPapers)
Date: 2013
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Persistent link: https://EconPapers.repec.org/RePEc:spr:spbrcp:978-1-4614-5814-2_1

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DOI: 10.1007/978-1-4614-5814-2_1

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