Scientific Strengths Department of Strategy and Entrepreneurship

Research within the Strategy and Entrepreneurship department focuses on New Dynamics in Strategy, Entrepreneurship, and Innovation. Companies face increasingly turbulent operating conditions. Global competition, rapid technological change, and geopolitical changes call for a new perspective on strategy and entrepreneurship. Core competencies have become liabilities in rapidly changing environments. A firm’s long-term viability has become dependent on its ability to reposition itself, change its business model, and learn and innovate effectively. This requires established all types of organizations to become more entrepreneurial, to set up ventures, and to innovate by a mix of internal learning, acquisitions, and alliances.
Specifically, our research covers two major themes:

• Strategy and Performance
  We focus on firms’ strategic choices and performance from a relational perspective. We explore how firms and other organizations are embedded in bilateral and multilateral collaborations, as well as networks and ecosystems. 
• Entrepreneurship and Innovation
  We focus on how companies learn and innovate by creating an entrepreneurial mindset and by acting on new opportunities. We do so for start-ups and established organizations alike,. In the domain of established organizations particular attention is paid to corporate venturing. This is where large firms invest in, or enter into a joint venture with, emerging and innovative firms to gain a competitive advantage in terms of growth or innovation.