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Frank Rothaermel - Strategic Management

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Frank Rothaermel Strategic Management
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Strategic Management: summary, description and annotation

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Strategic Management, 5e by Frank T. Rothaermel is the fastest growing Strategy title in the market because it uses a unified, singular voice to help students synthesize and integrate theory, empirical research, and practical applications with current, real-world examples. His approach not only offers students a learning experience that uniquely combines rigor and relevance, but also provides tight linkage between the concepts and cases. Rothaermel 5e prepares students with the foundation they need to understand how companies gain and sustain competitive advantage, while developing students skills to become successful future leaders capable of making well-reasoned strategic decisions.

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Kelleyn Rothaermel Franks research interests lie in the areas of strategy - photo 17

Page i

Strategic
Management

Page iii

FIFTH EDITION

Strategic
Management

Frank T. Rothaermel

Georgia Institute of Technology

Kelleyn Rothaermel Franks research interests lie in the areas of strategy - photo 18

Page iv

Kelleyn Rothaermel Franks research interests lie in the areas of strategy - photo 19

STRATEGIC MANAGEMENT

Published by McGraw-Hill Education, 2 Penn Plaza, New York, NY 10121. Copyright 2021 by McGraw-Hill Education. All rights reserved. Printed in the United States of America. No part of this publication may be reproduced or distributed in any form or by any means, or stored in a database or retrieval system, without the prior written consent of McGraw-Hill Education, including, but not limited to, in any network or other electronic storage or transmission, or broadcast for distance learning.

Some ancillaries, including electronic and print components, may not be available to customers outside the United States.

This book is printed on acid-free paper.

1 2 3 4 5 6 7 8 9 LWI 24 23 22 21 20

ISBN 978-1-260-57123-3 MHID 1-260-57123-8

Cover Image: (Earth): skegbydave/Getty Images; (Spheres): Ilin Sergey/Shutterstock

All credits appearing on page or at the end of the book are considered to be an extension of the copyright page.

The Internet addresses listed in the text were accurate at the time of publication. The inclusion of a website does not indicate an endorsement by the authors or McGraw-Hill Education, and McGraw-Hill Education does not guarantee the accuracy of the information presented at these sites.

mheducation.com/highered

Page v

DEDICATION

To my eternal family for their love, support, and sacrifice: Kelleyn, Harris, Winston, Roman, Adelaide, Avery, and Ivy.

Frank T. Rothaermel

Page vi

CONTENTS IN BRIEF
  1. PART FIVE / FULL-LENGTH CASES Twelve full-length cases are included in Connect. A total of 22 full-length cases are available through McGraw-Hill Create: www.mcgrawhillcreate.com/rothaermel

Page vii

MINI CASES & FULL-LENGTH CASES

FULL-LENGTH CASES /

The twelve cases included in Connect are noted below. All cases are available through McGraw-Hill Create: www.mcgrawhillcreate.com/rothaermel

  1. Airbnb, Inc. * Kelleyn Rothaermel Franks research interests lie in the areas of strategy - photo 20

  2. Kickstarter >> +

  3. Facebook, Inc. >> Kelleyn Rothaermel Franks research interests lie in the areas of strategy - photo 21

  4. SpaceX >> +

  5. Delta Air Lines, Inc.

  6. The Movie Exhibition Industry >> +

  7. Starbucks Corporation Kelleyn Rothaermel Franks research interests lie in the areas of strategy - photo 22

  8. The Vanguard Group * Kelleyn Rothaermel Franks research interests lie in the areas of strategy - photo 23

  9. Better World Books and the Triple Bottom Line

  10. McDonalds Corporation >> Kelleyn Rothaermel Franks research interests lie in the areas of strategy - photo 24

  11. Best Buy Co., Inc. >> Kelleyn Rothaermel Franks research interests lie in the areas of strategy - photo 25

  12. Walmart, Inc.

  13. Tesla, Inc. >> Kelleyn Rothaermel Franks research interests lie in the areas of strategy - photo 26

  14. Netflix, Inc. Kelleyn Rothaermel Franks research interests lie in the areas of strategy - photo 27

  15. Amazon.com, Inc. >> Kelleyn Rothaermel Franks research interests lie in the areas of strategy - photo 28

  16. Apple, Inc. >> Kelleyn Rothaermel Franks research interests lie in the areas of strategy - photo 29

  17. The Walt Disney Company >> Kelleyn Rothaermel Franks research interests lie in the areas of strategy - photo 30

  18. UPS in India

  19. Alphabets Google

  20. Merck & Co., Inc.

  21. Nike, Inc. * Kelleyn Rothaermel Franks research interests lie in the areas of strategy - photo 31

  22. Uber Technologies

* New to Fifth Edition, >> Revised and updated for the Fifth Edition, + Third-Party Case

Page viii

CHAPTER CASES & STRATEGY HIGHLIGHTS
Kelleyn Rothaermel Franks research interests lie in the areas of strategy - photo 32

Page ix

CONTENTS

Page x

Page xi

Page xii

PART FIVE / FULL-LENGTH CASES

Twelve full-length cases are included in Connect. A total of 22 full-length cases are available through McGraw-Hill Create: www.mcgrawhillcreate.com/rothaermel

Page xiii

ABOUT THE AUTHOR

Frank T. Rothaermel

Georgia Institute of Technology

Frank T. Rothaermel, PhD, a Professor of Strategy & Innovation, holds the Russell and Nancy McDonough Chair in the Scheller College of Business at the Georgia Institute of Technology (GT) and is an Alfred P. Sloan Industry Studies Fellow. He received a National Science Foundation (NSF) CAREER award, which offers the National Science Foundations most prestigious awards in support of those teacher-scholars who most effectively integrate research and education (NSF CAREER Award description).

Kelleyn Rothaermel Franks research interests lie in the areas of strategy - photo 33

Kelleyn Rothaermel

Franks research interests lie in the areas of strategy, innovation, and entrepreneurship. Frank has published over 35 articles in leading academic journals such as the Strategic Management Journal, Organization Science, Academy of Management Journal, Academy of Management Review, and elsewhere. Based on having published papers in the top 1 percent based on citations, Thomson Reuters identified Frank as one of the worlds most influential scientific minds. He is listed among the top-100 scholars based on impact over more than a decade in both economics and business. Bloomberg Businessweek named Frank one of Georgia Techs Prominent Faculty in its national survey of business schools. The Kauffman Foundation views Frank as one of the worlds 75 thought leaders in entrepreneurship and innovation.

Frank has received several recognitions for his research, including the Sloan Industry Studies Best Paper Award, the Academy of Management Newman Award, the Strategic Management Society Conference Best Paper Prize, the DRUID Conference Best Paper Award, the Israel Strategy Conference Best Paper Prize, and he is the inaugural recipient of the Byars Faculty Excellence Award. Frank currently serves or has served on the editorial boards of the

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