Reviews economic institutional approach to business and corporate strategy bringing together the disparate strands of institutional economics-based strategy research. This book focuses on institutional economics' insights regarding diversification, alliances, franchising, geographic location, innovation, and other strategic choices.

In this volume, strategy scholars, business historians, and economic historians are brought together to develop a volume that explores the complementarities of approaches.

The research featured in this volume is devoted to understanding the competitive and collaborative challenges that firms face as they manage interactions with different actors in dynamic environments, in what are coming to be referred to as business or innovation 'ecosystems'. Rapid technological change, globalization, and recent financial turbulence have brought us to a point where managers are painfully aware that 'no man or firm] is an island.' Success in business, in both the profit and non-profit sectors, increasingly relies upon collaboration with upstream suppliers, alliance partners,...