Introduction and Overview -- Fundamentals -- Models of Innovation -- The Underpinnings of Profits: Assets, Competences, and Knowledge -- Sources and Transfer of Innovation -- Strategizing -- Recognizing the Potential of an Innovation -- Reducing Uncertainty: The Role of Technological Trends, Market Regularities, and Innovation Strategy -- Choosing a Profit Site: Dynamic Competitive Analysis -- Strategic Choice or Environmental Determinism -- Co-opetitors -- Strategies for Sustaining Profits -- Implementation -- Financing Entrepreneurial Activity -- Implementation of the Decision to Adopt -- Globalization -- Globalization for Innovations.