Strategy Challenges in the 21st Century: Innovation, Entrepreneurship and Coopetition
Investigation on entrepreneurship and innovation has received increasing attention in strategic management in the last decade. While the two areas have been experiencing incredibly rapid growth, we perceive two clear gaps hindering further advance: (1) developing the intellectual links between entrepreneurship and innovation (e.g., the most creative aspect of entrepreneurship); (2) the condition that most extant research focus on entrepreneurship and innovation in competitive or in cooperative settings.
In its recent advancements of user innovation and open innovation, innovation is worthy of deeper attention in strategic management, especially as concerns the interconnections with entrepreneurship in different settings. While entrepreneurship has lately turned into a popular issue in management, the role of creativity as well as of key entrepreneurial capabilities, associated with the purpose of either seizing existing or creating new opportunities, request additional attention.
Correspondingly, little has been done in exploring the two main themes within coopetitive settings; i.e., contexts in which competition and cooperation merge together to give birth to a different kind of strategic interaction. Yet, since they show themselves increasingly entangled and intertwined in the business worlds, today competition and cooperation cannot be considered as secluded spheres. This condition calls for investigation on entrepreneurship and innovation in coopetitive settings.
In this view, coopetition may be considered in a double perspective: (a) it is a setting within which to analyze entrepreneurship and innovation, and (2) it is a specific strategy (i.e., coopetitive strategy) that may turn into a source of innovation and new entrepreneurship and, therefore, of value creation and competitive advantage for firms, industries, and the whole society. Such considerations, on one side, allow to enlarge the overall context in which innovation and entrepreneurship develop. On the other, they provide room for a further strategic option that impinges on both governance choices and competitive advantage.
By thoroughly detecting the potential links between innovation, entrepreneurship and coopetition, the Strategic Management Society Special Conference in Rome intends to delve into and grasp the opportunities for detecting the relationships and reciprocal influences between the relevant research areas and their impact on competitive advantage and performance. With the Rome Conference, we seek to gather an array of empirical and theoretical contributions that significantly add to our understanding of the multiple unfilled connections between coopetition, innovation, and entrepreneurship.
The city of Rome is truly unique. It is the key hub in Italy for culture and archeological sites, as well as the capital city and the political and administrative center of the country. Several Italian state-owned and private companies are headquartered in Rome. The Conference will be held in the premises of LUISS University campus located in the city center. Conference attendees will have the chance of visiting some of Southern Europe’s key cultural attractions coming from a range of ages since the old Romans’ era to the long-lived Papal domination and after the country unification in mid-1800s. Rome is also home of the Vatican City State, featuring St. Peter’s Square, the Sistine Chapel, and its entire set of stunning attractions.