Dear Colleagues
We are delighted to invite you to:
SMS 2016 London Extension
Innovation in an Interconnected World: The Impact of Institutions, Governance, and Competition on the Rate and Direction of the Innovative Effort
Friday, September 16, 2016 - 9am-5pm
Cass Business School, City University London
106 Bunhill Row, EC1Y8TZ London UK

Igor Filatotchev<>, Cass Business School, City University London
Elena Novelli<>, Cass Business School, City University London

Gautam Ahuja, University of Michigan; Garry Bruton, Texas Christian University; Gary Dushnitsky, London Business School; Sendil Ethiraj, London Business School; Igor Filatotchev, City University of London; Jan Hendrik Fisch, Vienna University of Economics and Business; Elena Novelli, City University of London; Gianvito Lanzolla, City University of London; Matthew Semadeni, Arizona State University; Mike Wright, Imperial College London

Please click here<> for further information and registration<>

The Extensions are separate, topical workshops organized in cities that can be conveniently reached from the main conference location. The London extension will be held the day before the main SMS conference, at Cass Business School, in the heart of the City of London. The workshop will be co-organized in partnership with the Cass Centre for Research in Corporate Governance. The School is easily accessible from all international airports in London and from King's Cross St. Pancras international railway station. London is well connected to all main cities in Europe and it is a convenient stopover location for scholars travelling to Berlin from the US. The workshop will include coffee breaks and a luncheon.

In the last few decades many new phenomena, such as globalization and digitization, have changed the world by enabling the connection between organizations and individuals across geographies, institutions and industries. The resulting complex nexus of interdependent relationships has dramatically changed the way in which firms operate. As a consequence of this fast- changing world, innovation becomes a strategic priority. Being a fundamental antecedent of competitive advantage, the ability to innovate determines the fate of firms and countries. The aim of this extension is to bring together leading scholars in the field of strategy and innovation to discuss the extent to which the institutional, organizational and competitive environments in which firms operate have changed and the implications of these changes on the direction and quality of the innovative efforts of organizations. The workshop will be organized as a sequence of three panel sessions focused around key subthemes: Institutions, Governance, and Competitive Environment.
PANEL 1: Institutions and Innovation. By determining the level and quality of regulation, economic infrastructure, and strategic factor markets, institutions can exert a significant impact on the firm- and industry- level innovation processes. In the last few decades, most firms have expanded their activities across institutional environments. This raises interesting questions regarding the scalability and robustness of innovative business ideas across institutional settings.
PANEL 2: Governance and Innovation. Existing research suggests that corporate governance exerts a relevant impact in determining firms' Research & Development (R&D) activities by affecting the level of risk/return that managers are willing to take and their short- versus long- term incentives. In the last decades, many changes have occurred in the way in which individuals or organizations fund their R&D expenditures, with the emergence and global expansion of new phenomena such as open innovation and crowd funding. These phenomena raise several issues regarding the control and monitoring of the R&D investment that will be discussed in this session.
PANEL 3: Competition and Innovation. The characteristics of competition both in the technological and product spaces have an important role in determining the quality and quantity of innovation at the system level. Recently, we have seen the emergence of interconnected complex product systems, i.e. contexts in which products are made up of a large number of parts and characterized by a high number of interactions. This change at the product-level has been mirrored by several changes in the dynamics of competition and cooperation between firms. Reflecting on these issues is the purpose of this panel session.
Meet the Editors: This session will provide reflection on the relevance of the Workshop's themes for strategy and management journals.
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