More Information

  • Professor Iansiti releases One Strategy which analyzes how a management team tweaked and optimized the fine line between strategy and execution

    One Strategy Book
  • Professor Pisano wins the 2010 McKinsey Award for "Restoring American Competitiveness"
Publications

Keystone experts are thought leaders in their fields and are prolific writers on their findings. The experts create leading analytical frameworks for evaluating ecosystem strategy, innovation processes, IP evaluation, antitrust analysis and more. The research of our experts provides Keystone with unique access to large, cross-sectional studies of industry players. Please contact us to learn more about our experts' research.

 

Consumer Protection in Online Discount Voucher Sales

by Benjamin Edelman and Paul Kominers June 14, 2011

Unlawful Advertisements Very Familiar to Google

by Benjamin Edelman Huffington Post, May 19, 2011

Why Leaders Don't Learn from Success

by Gary P. Pisano and Francesca Gino Harvard Business Review, April 2011

Remedies for Search Bias

by Benjamin Edelman February 22, 2011

In Accusing Microsoft, Google Doth Protest Too Much

by Benjamin Edelman HBR Blogs, February 2011

Measuring Bias in "Organic" Web Search

by Benjamin Edelman and Benjamin Lockwood January 2011

Hard-Coding Bias in Google "Algorithmic" Search Results

by Benjamin Edelman November 15, 2010

Set-Asides and Subsidies in Auctions

by Susan Athey, Dominic Coey and Jonathan Levin October 2010

Dynamics of Open Source Movements

by Susan Athey and Glenn Ellison September 2010

Plugging Privacy Leaks

by Hiawatha Bray Boston Globe, July 10, 2010

The Impact of Targeting Technology on Advertising Markets and Media Competition

by Susan Athey and Joshua Gens American Economic Review, May 2010; and January 11, 2009 version

Optimal Auction Design and Equilibrium Selection in Sponsored Search Auctions

by Benjamin Edelman and Michael Schwarz American Economic Review, 100 no2, May 2010

HBS Working Knowledge

by Marco Iansiti Harvard Business School Working Knowledge, March 22, 2010

Microsoft Exec Writes "One Strategy" For Your Success

by Steven Sinofsky and Marco Iansiti CNBC Guest Blog, March 19, 2010

The Evolution of Science-Based Business: Innovating How We Innovate

by Gary P. Pisano Harvard Business School Working Papers, February 19, 2010

The Determinants of Individual Performance and Collective Value in Private-Collective Software Innovation

by Ned Gulley and Karim Lakhani Harvard Business School Working Papers, February 2010

Measuring the Perpetrator and Funders of Typosquatting

by Tyler Moore and Benjamin Edelman Proceedings of the Fourteenth International Conference on Financial Cryptography and Data Security, January 2010

One Strategy: Organization, Planning, and Decision Making

by Steven Sinofsky and Marco Iansiti Wiley Press, 2009
One Strategy analyzes how a management team tweaked and optimized the fine line between strategy and execution in developing the next generation of a major product, detailed in a series of internal blogs by Microsoft Windows Division President Steven Sinofsky and merged with insightful context from technology and operations strategy expert Marco Iansiti. Along the way, One Strategy examines the concepts, capabilities, processes, and behaviors to align around one strategy and deliver impact – thus developing Strategic Integrity. All about developing and executing great, innovative strategies, One Strategy reveals how you can build the right organizational capabilities and base of understanding, generate insightful strategies, develop detailed plans, and lead your corporate strategies to completion.

Varied Experience, Team Familiarity, and Learning: The Mediating Role of Psychological Safety

by Bradley R. Staats, Francesca Gina, and Gary P. Pisano Harvard Business School Working Papers, September 16, 2009

A Structural Model of Sponsored Search Advertising Auctions

by Susan Athey and Denis Nekipelov September 2009

How to Manage Outside Innovation

by Karim Lakhani MIT Sloan Management Review 50, no. 4, Summer 2009

Restoring American Competitiveness

by Gary P. Pisano and Willy C. Shih Harvard Business Review, July-August 2009

Skewed Bidding in Pay Per Action Auctions for Online Advertising

by Nikhil Agarwal, Susan Athey and David Yang American Economic Review, May 2009

Which Kind of Collaboration is Right for You? The New Leaders in Innovation will be those who figure out the best way to leverage a network of outsiders

by Gary P. Pisano and Roberto Verganti Harvard Business Review, December 2008

Design-Driven Innovation: How to Compete by Radically Innovating the Meaning of Products

by Roberto Verganti Harvard Business School Publishing, January 01, 2009
Until now, the literature on innovation has focused either on radical innovation pushed by technology or incremental innovation pulled by the market. In this book, Roberto Verganti introduces a radical shift in perspective that introduces a bold new way of competing – it's about having a vision, and taking that vision to the customers. Design-driven innovations do not come from the market; they create new markets. They don't push new technologies; they push new meanings. With detailed examples from leading European and American companies, Verganti outlines that for truly breakthrough products and services, we must look beyond customers and users to those experts ("interpreters") who deeply understand and shape the markets they work in.

Intellectual Property, Architecture, and the Management of Technological Transitions: Evidence from Microsoft Corporation

by Alan MacCormack, John Alan David, and Marco Iansiti Journal of Product Innovation Management

Getting Clear About Communities in Open Innovation

by Joel West and Karim Lakhani Industry & Innovation 15, no. 2, April 2008

Position Auctions with Consumer Search

by Susan Athey and Glenn Ellison May 2008

How to Capture Value from Innovation: Shaping Intellectual Property and Industry Architecture

by Gary P. Pisano, Teece, David J. California Management Review, Fall 2007

Market Definition and Concentration: One Size Doesn't Fit All

by Mark Glick Antitrust Bulletin, Summer 2007

The Principles of Distributed Innovation

by Karim Lakhani and Jill A. PanettaInnovations: Technology, Governance, Globalization 2, no. 3, Summer 2007

Getting Unusual Suspects to Solve R&D Puzzles

by Karim Lakhani and Lars Bo Jeppesen Harvard Business Review, 85, no. 5, May 2007

Internet Advertising and the Generalized Second-Price Auction: Selling Billions of Dollars Worth of Keywords

by Benjamin Edelman, Michael Ostrovsky, and Michael Schwarz American Economic Review, v.97(1), March 2007

Strategic Bidder Behavior in Sponsored Search Auction

by Benjamin Edelman and Michael Ostrovsky Decision Support Systems, v.43(1), February 2007

Innovating Through Design

by Roberto Verganti Harvard Business Review, December 2006

Enterprise IT Capabilities and Business Performance

by Marco Iansiti

Organization Design and Effectiveness over the Innovation Life Cycle

by Westerman, George, F. Warren McFarlan, and Marco Iansiti Organization Science, March-April 2006

Science Business: The Promise, the Reality, and the Future of Biotech

by Gary P. Pisano Harvard Business School Press, 2006
In Science Business, Professor Pisano analyzes why the biotechnology industry failed to perform up to expectations despite all its promises. Professor Pisano's unique critique of the industry reveals the underlying causes of biotech's problems and offers an overall analysis on how the industry works. According to Pisano, the biotech industry's faces three unique business challenges: 1) the financing of high risk R&D investments in uncertain and long time horizons, 2) rapid learning to keep pace with advances in drug science knowledge, and 3) integration of capabilities across a broad spectrum of scientific and technological knowledge bases. He prescribes an approach to fixing the industry which includes new business models, modified organizational structures, and financing arrangements that place greater emphasis on integration and long-term learning over shorter-term "monetization" of intellectual property.

Exploring the Structure of Complex Software Designs: An Empirical Study of Open Source and Proprietary Code

by Alan MacCormack, John Rusnak and Carliss Y Baldwin Management Science, October 2005

IT Drives Growth

by Marco Iansiti

Perspectives on Free and Open Source Software

by Karim Lakhani co-editor The MIT Press, June 2005
Has the creation of software that can be freely used, modified, and redistributed transformed industry and society, as some predicted, or is this transformation still a work in progress? Perspectives on Free and Open Source Software brings together leading analysts and researchers to address this question, examining specific aspects of F/OSS in a way that is both scientifically rigorous and highly relevant to real-life managerial and technical concerns.The book analyzes a number of key topics: the motivation behind F/OSS—why highly skilled software developers devote large amounts of time to the creation of "free" products and services; the objective, empirically grounded evaluation of software—necessary to counter what one chapter author calls the "steamroller" of F/OSS hype; the software engineering processes and tools used in specific projects, including Apache, GNOME, and Mozilla; the economic and business models that reflect the changing relationships between users and firms, technical communities and firms, and between competitors; and legal, cultural, and social issues, including one contribution that suggests parallels between "open code" and "open society" and another that points to the need for understanding the movement's social causes and consequences.

The Keystone Advantage: What the New Dynamics of Business Ecosystems Mean for Strategy, Innovation, and Sustainability

by Marco Iansiti and Roy Levien Harvard Business School Press, 2004
In biological ecosystems, "keystone" species maintain the healthy functioning of the entire system because their own survival depends on it. In the Keystone Advantage, Marco Iansiti and Roy Levien argue that business ecosystems work in much the same way--one company's success depends on the success of its partners. Based on more than 10 years of research and practical experience within industries from retail to automotive to software, The Keystone Advantage outlines a framework that goes beyond maximizing internal competencies to leveraging the collective competencies of one's entire network for competitive advantage.

Strategy As Ecology

by Marco Iansiti and Roy Levien Harvard Business Review, March 01, 2004

Ecosystem Strategy: Keystones and Dominators

by Marco Iansiti

The Incumbent's Advantage

by Marco Iansiti, F. Warren. McFarlan, and George Westerman Sloan Management Review, 2003

Managing the Sources of Uncertainty: Matching Process and Context in Software Development

by Alan MacCormack and Roberto Verganti Journal of Product Innovation Management May 2003

Intellectual Property Damages: Guidelines and Analysis

by Mark Glick, Lara Reymann, and Richard Hoffman 2002
Intellectual Property Damages presents the basics of intellectual property, the litigation process, the essential "rules" in postulating damages theories, the economic principles that are the foundation for much of IP damages, and the skills necessary to correctly calculate damages in IP cases. Intellectual Property Damages contains case summaries, useful forms for discovery, examples of effective expert opinions and testimony, and detailed calculations under various theories of damages. It also incorporates graphs illustrating economic principles, equations that might be used to support (or detract from) a damages theory, and examples of legal documents that commonly appear in IP litigation. Glick's knowledge is built upon experience with law, economics, accounting, and (to a more limited extent) finance in the context of IP damages theories.