SEARCH
You are in browse mode. You must login to use MEMORY

   Log in to start


From course:

Managing a Business Strategically

» Start this Course
(Practice similar questions for free)
Question:

What is a component strategy?

Author: Pim Bodzinga



Answer:

Firm (a) enters a single or few components, (b) relies on complementors for the rest. Emphasize cooperation: their goal is to create value through mutual specialization, and to capture value by innovating and outshining within-component rivals. Firms are likely to adopt a component strategy in young ecosystems where the principal problem is innovation, rather than opportunism


0 / 5  (0 ratings)

1 answer(s) in total