Arms and Innovation
Entrepreneurship and Alliances in the Twenty-First Century Defense Industry
For all their advantages, small firms also face significant challenges in access to capital and customers. To overcome such problems, they can form alliances either with each other or with larger companies. Hasik traces the trade-offs of such alliances and provides crucial insight into their promises and pitfalls.
This ground-breaking study is a significant contribution to understanding both entrepreneurship and alliances, two crucial factors in business generally. It will be of interest to readers in the defense sector as well as the wider business community.
“Arms and Innovation is an important and novel contribution to the literature on how and why innovation in weapons systems takes place and the respective roles of larger and smaller firms. This is an especially important issue at a time when the Pentagon and industry focus is on military transformation.”