Our aim is to describe and explain how digitization can enable servitization for manufacturers.• We perform a multiple-case study at four manufacturing companies that have developed and exploited digital means for service infusion.• Three pathways for digitally-enabled servitization are identified: industrial servitization, commercial servitization and value servitization.• Dynamic resource configurations are assigned to overcome barriers specific to each pathway.• Competitive benefits include expansion of market reach and further integration into customers' processes.

No abstract

Past research indicates that the effect of TMT functional diversity on firm performance is equivocal. We address this issue by focusing on the integrative role of the CEO, postulating that the CEO's expertise and background characteristics affect the TMT functional diversity–firm performance relationship, because of their impact on the exchange and integration of distributed knowledge within the TMT. Using a dataset of 33 Dutch and Belgian Information Technology firms we investigate the moderating role of three sets of CEO characteristics (functional background, status as founder, and shared experience with the other TMT members) on the relationship between TMT functional diversity and firm performance. Our results reveal that CEO and TMT characteristics do interact in realizing the potential advantages of distributed TMT functional expertise.

Business incubators guide starting enterprises through their growth process and as such constitute a strong instrument to promote innovation and entrepreneurship. In this article we sketch the European business incubator landscape. Then we describe screening practices by European business incubators in 2003 and compare these results with the American incubators in the eighties. In the last phase a cautious link between screening practices and performance, measured in terms of tenant failure, is established. Most incubators do not screen potential tenants on a balanced set of factors, but concentrate either on the characteristics of the tenant's market or on the characteristics of the tenant's management team. However, we found that the tenant survival rate is positively related to a more balanced screening profile. Based on our study results, we propose some recommendations for the main stakeholders in the field: authorities, incubators and innovative entrepreneurs.

This paper proffers the viewpoint that existing theory in internationalization is insufficient to explain the currently observed behaviors of firms in the international business marketplace. It examines the impact of the global economy, the service economy, the new economy, the high technology and connected knowledge/network economy, and the value economy on the changing shape of international business behavior. Drawbacks to traditional theories are explored in terms of the speed of internationalization, the limits of psychic distance, the range of entry modes accommodated, the unit of analysis used, the absence of portfolio logic, experiential learning, manufacturing focus, undervaluing managers and incorporating customer value, while encouraging theorists to both adapt current models and develop new ones.Can we explain internationalization today? Not really. This article takes the position that existing internationalization theories are inadequate to explain, let alone predict, the behavior actually observed in firms today. Over the past half century many theories have been developed to explain the observed behaviors of firms in the international arena:(1) in terms of increasing expansion in export markets;(2) in terms of increasing capital investments across the globe; and(3) in terms of the decisions made by firms in choosing between the increasing number of entry modes available to them in accessing foreign markets.These theories, and the vast body of literature that has evolved to explore and test them, have changed over time; but probably not enough. Today, firms are internationalizing in greater numbers than ever before and they are internationalizing faster than ever before. Therefore, internationalization theories that can provide practical guidance to firms are more critical than ever before. However, companies are internationalizing in more different ways than ever before, often using combinations of entry and exit strategies. Often smaller firms, especially high tech companies, practice advanced entry modes from their outset. Services and know-how are traded

No abstract

General rightsCopyright and moral rights for the publications made accessible in the public portal are retained by the authors and/or other copyright owners and it is a condition of accessing publications that users recognise and abide by the legal requirements associated with these rights.• Users may download and print one copy of any publication from the public portal for the purpose of private study or research. • You may not further distribute the material or use it for any profit-making activity or commercial gain • You may freely distribute the URL identifying the publication in the public portal ? Take down policyIf you believe that this document breaches copyright please contact us providing details, and we will remove access to the work immediately and investigate your claim.

If you would like to write for this, or any other Emerald publication, then please use our Emerald for Authors service information about how to choose which publication to write for and submission guidelines are available for all. Please visit www.emeraldinsight.com/authors for more information. About Emerald www.emeraldinsight.comEmerald is a global publisher linking research and practice to the benefit of society. The company manages a portfolio of more than 290 journals and over 2,350 books and book series volumes, as well as providing an extensive range of online products and additional customer resources and services.Emerald is both COUNTER 4 and TRANSFER compliant. The organization is a partner of the Committee on Publication Ethics (COPE) and also works with Portico and the LOCKSS initiative for digital archive preservation.