Adaptive selection

, 19

Ad hoc research

, vii

Agents

, 60

Agreement on Trade Related Aspects of Intellectual Property Rights (TRIPS)

, 54

Apple

, 22

Appropriation of value

, 70

Asset specificity

, 12–13

Autonomy

, 11, 18, 94

Bargaining transactions

, 7

Behavioral patterns, and free revealing

, 78

Behavioral uncertainty

, 10, 11, 12

Bounded rationality

, 8, 10, 19

Business angels

, 48, 49

Capabilities

, 40, 41, 42–43

Capital

cost

, 5

venture

, 48–49

Commons-based method of production

, 72

Competition

, 19, 27, 30, 40, 42, 46, 58, 63, 67, 77, 78, 93–94

ex ante

, 11

ex post

, 11, 12

perfect

, 9, 41

Competitive advantage

, 3–5, 26, 31, 34, 38, 40–42, 45, 46, 51, 58, 67, 71, 72, 75, 81, 95

Complexity

, 10

deterministic

, 10

Contract(s/ing)

, 10

relational

, 12

Coordination

, 17–18, 19

Corporate venture capital (CVC)

, 50–51

Corporate ventures

, 73

Cost

, 1–2

capital

, 5

efficiency

, 39

ex ante

, 9–11

ex post

, 9–12

fixed

, 2

productive

, 19

purchase

, 2

transaction

, 7–15

variable

, 2

Cost-benefit analysis

, 43

Economic analysis approach

, 1–6

Economies of information

, 21

Economies of scale, exploitation of

, 41

Efficiency

, 37

cost

, 39

production

, 28

transactional

, 20

Encryption software industry (ESI)

, 61, 62

Environmental uncertainty

, 10

Established companies

, 48–51

Evolutionary theory

, 19–20

Ex ante costs

, 9–11

Exchange

, 9, 72–81

exFAT (Extended File Allocation Table)

, 56

Experience curves

, 39

Ex post costs

, 9–12

Facebook

, 59, 72

Firm’s performance, pervasive models of

, 93–96

Fixed cost

, 2

Free revealing

, 69–72

Future research

, 98–99

General Agreement on Tariffs and Trade (GATT)

, 54

Google

, 59, 76

GoPro

, 56–58

Governance

and technological performance, connection between

, 27–28

trilateral

, 12

Homo economicus

, 10–11

Imitation

, ix, 64

competitors

, 81

and protection of value

, 65–69

Implications for practice

, 98–99

Incentives

extrinsic

, 64

intrinsic

, 64

Industry-based perspective of management science

, 40

Innovation

, vii–x, 18, 22, 39, 58, 64–65, 73

creation of

, 85

diffusion of

, 85

institutionalization of

, 79

open

, 65, 71

pervasive models of

, 93–96

and protection of value

, 65–69

strategic innovation, technology as source of

, 29–35

Innovative effort, sharing

, 26–29

Innovative knowledge

, 62

Institutionalization of innovation

, 79

Intellectual property (IP)

, 57, 58

Intellectual Property Rights (IPRs)

, 46, 59, 62

within developing economies

, 54–56

Inter-organizational relationships

, 18

Inventions

, 64

Investment specificity

, 14

Invisible hand

, 68

Kabel Deutschland

, 22

Knowledge

, vii–x, 11, 17, 21, 22, 26, 28, 43

-based approach

, 28–35

economy

, 87

exploration

, 49

innovative

, 62

reproduction

, 47

tacit

, 70

transfer

, 47

Linux

, 72, 75

“Make or buy” decisions

internal or external resource sourcing

, 37–46

economic analysis approach to

, 1–6

transaction cost model

, 7–23

Management science, advances in

, 38–43

Managerial transactions

, 7–8

Market(s)

choice of

, 42

established companies

, 48–51

incentives

, 13

new ventures

, 48–51

for patents

, 52–62

power

, 37

superiority

, 13

for technology

, 52–62

Media

, 60

Methodological reductionism

, 16

Microsoft

, 22

GoPro

, 56–58

Mozilla

, 76

Neo-classic theory

, 10, 16

New ventures

, 48–51

Nokia

, 22

Open innovation

, 65, 71

Open source

, 75–76

Opportunism

, 10–11

Optimal size

, 14–15, 21

Organization

, 15–18

Organizational boundaries

, 29, 30

Organizational morphogenesis

, 19

Organizational power

, 18, 19

Outsourcing strategy

, 31

Patent(s)

markets for

, 52–62

rights

, 62

Performance intensification

, ix

Private goods

, 75

Production efficiency

, 28

Productive costs

, 19

Protection of value, innovation/imitation and

, 65–69

Public

, 91

Public goods

, 75

Purchase cost

, 2

Quadruple Helix (QH) model

, 90–93, 96, 98–99

Rationing transactions

, 7

Reductionism

, 7

Relational contracts

, 12

Resource-based approach

, 28

Resource-based perspective of management science

, 40, 41

“Resource dependence” approach

, 18

Samsung

, 22

SD Card Association

, 56

Smart cities

, 86–90

Stakeholders’ expectations against survival and development

, 37

Strategic behavior

, 19, 90

Strategic flexibility

, 37

Strategic formulation framework

, 3

Strategic innovation, technology as source of

, 29–35

Strategic planning model

, 4

Strategic uncertainty

, 12

Subjective motivation

, 18

Subsidiarity

, 74

Survival

, 19

Synergy

, 4, 5, 34

Tacit knowledge

, 70

Technological evolution

, 84

Technological performance and governance, connection between

, 27–28

Technological uncertainty

, 19

Technology

, 20

defined

, 59

markets for

, 52–62

as source of strategic innovation

, 29–35

transfer

, 54–55, 59

Theory of economic organization

, 14

Theory of transaction costs

, 6

criticism of

, 15–23

3M, CVC operations of

, 50, 51

Transactional efficiency

, 20

Transaction cost economics (TCE)

, 6

Transaction cost model

, 7–15

Trilateral governance

, 12

Triple Helix model

, 86–90

institutional orders in evolution of

, 89

Uncertainty

, 40

behavioral

, 10, 12

effect on economic transactions

, 12

environmental

, 10

primary

, 12

secondary

, 12

strategic

, 12

technological

, 19

Users

, 91–93

Variable cost

, 2

Venture capital

, 48–51

Verizon

, 22

Vertical integration

, 43–44

Vodaphone

, 22

Wikipedia

, 72

World Trade Organization (WTO)

, 54