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Dear Friends of Strategy Science,

I am pleased to share with you the March 2025 issue of Strategy Science, which features four outstanding papers listed below.

How Demand Shocks “Jumpstart” Technological Ecosystems and Commercialization: Evidence from the Global Electric Vehicle Industry
    by Sunasir Dutta and Gurneeta Vasudeva

• This study finds that extreme weather events increase salience of environmental threats leading to ‘demand shocks’, increasing users’ adoption of alternative technologies, and accelerating these technologies’ commercialization, despite ecosystem bottlenecks.

Resource Redeployment and the Pursuit of the New Best Use: Economic Logic and Organizational Challenges
     by Daniel A. Levinthal and Brian Wu

• We enrich the work on resource redeployment by considering both the underlying economic logic of why a “new first-best” use lies within the firm and the organizational “pipes” (organizational structures) and “prisms” (the various metrics of performance) by which resource redeployment occurs.

Airline Responses to the COVID-19 Collapse: Applying Learning to an Unprecedented Crisis
    by Henrich R. Greve

• Can firms handle an unprecedented crisis well? Yes! Lessons from different past crises can be adapted, and lessons from other firms’ responses can be adapted. Smart learning is the key.

Innovation Disclosures and the Design of Technology Acquisition Contracts: Evidence from the American Inventors Protection Act
    by Jeffrey J. Reuer, Sandip Bisui, and George Chondrakis

• New paper on technology information disclosures and M&A: This study joins research on contracting and technology acquisitions to investigate Material Adverse Change clauses and earnouts, which protect acquirers from adverse selection risks.

Please enjoy these papers and share them with your colleagues.  Also, please connect with us on LinkedIn or follow us on X.

Sincerely,

Todd Zenger

Editor-in-Chief