Literature Review: Institutions, Technology, and Business Innovation

This individual literature review examines the article by Holmes Jr et al. (2016), focusing on how technological policies influence business innovation. It discusses the interplay between governmental institutions and business firms, emphasizing corporate entrepreneurship and political strategies. The review highlights the significance of state funding for research and the protection of intellectual property, as well as their impact on innovation opportunities and constraints. The author analyzes the article's key arguments, its strengths, and weaknesses, providing a comprehensive understanding of the relationship between technology, policy, and corporate strategy within the business environment. The review also includes the discussion of the qualitative methods used by the authors to analyze the four quadrants, which are identified by the authors of the concerned article. The review also deals with the effects of the state funding for the researches and the protection of the intellectual properties that are included within the researches on the innovation opportunities and the various constraints of the innovations.

Running head: INDIVIDUAL LITERATURE REVIEW
INDIVIDUAL LITERATURE REVIEW
Name of the Student
Name of the University
Author Note

1INDIVIDUAL LITERATURE REVIEW
The policies related to the technologies that are implemented by the various business
organizations tend to influence the various incentives and the opportunities that are taken in to
consideration by the concerned firms in order to bring about an innovation within the form so as
to adapt to the various changes that have been taking place in the environment wherein the firm
has been operating. The following literature review tends to figure out the various factors that are
discussed by the authors of the concerned article.
Holmes Jr et al. (2016) in the article entitled “Two-way streets: The role of institutions
and technology policy in firms’ corporate entrepreneurship and political strategies” tends to
discuss the various factors that are related to the various technological policies that are
implemented by the business organizations that might influence the various incentives and the
opportunities that are taken in to consideration by the concerned firms in order to bring about an
innovation within the firm so as to adapt to the various changes that have been taking place in the
environment wherein the firm has been operating. The authors argue that the several scholars
have been observed to be paying lesser amount of attention to the factors that deal with the
technological policies (Serai et al. 2017). The article in discussion tends to deal with the factors
that pertain to the funding of the researches that are conducted and the protection that is extended
by the state in the matters that pertain to the intellectual properties that are included within the
researches.
The authors in this case tend to put forth a more thorough understanding of the interplay
that exists among governmental institutions and the concerned business firms that are active
within the given territorial boundaries on the several factors that pertain to the corporate
entrepreneurship as well as the political strategies implemented by the concerned governmental
bodies (De Prijcker et al. 2017). The research also tends to focus on the interdependent effects of

2INDIVIDUAL LITERATURE REVIEW
the state funding for the researches and the protection of the intellectual properties that are
included within the researches. The authors tend to focus on the qualitative methods in order to
analyze the four quadrants that have been identified by the authors of the concerned article
(DeGhetto et al. 2017). The article further discusses the effects of the state funding for the
researches and the protection of the intellectual properties that are included within the researches
on the innovation opportunities and the various constraints of the innovations.
Thus, from the above discussion, it might clearly be pointed out that the concerned article
deals with the various factors that pertain to the effects of the state funding for the researches and
the protection of the intellectual properties that are included within the researches on the
innovation opportunities and the various constraints of the innovations. The article also puts forth
a more thorough understanding of the interplay that exists among governmental institutions and
the concerned business firms that are active within the given territorial boundaries on the several
factors that pertain to the corporate entrepreneurship as well as the political strategies
implemented by the concerned governmental bodies.

3INDIVIDUAL LITERATURE REVIEW
References
De Prijcker, S., Manigart, S., Collewaert, V. and Vanacker, T., 2017. Relocation to get venture
capital: a resource dependence perspective. Entrepreneurship Theory and Practice,
p.1042258717739003.
DeGhetto, K., Ro, S., Lamont, B.T. and Ranft, A.L., 2015. Antecedents of anticipatory justice
among acquired firm employees. The Routledge companion to mergers and acquisitions,
p.307Ā323.
Holmes Jr, R.M., Zahra, S.A., Hoskisson, R.E., DeGhetto, K. and Sutton, T., 2016. Two-way
streets: The role of institutions and technology policy in firms’ corporate entrepreneurship and
political strategies. Academy of Management Perspectives, 30(3), pp.247-272.
Serai, M.H., Johl, S.K. and Marimuthu, M., 2017. An Overview on Relationship between
Corporate Entrepreneurship and Firm Performance. Global Business & Management
Research, 9.