Industry and innovation: How to be competitive in the academic market

Jacob Krarup Riis

Student thesis: Master thesis

Abstract

The market for academic journals can be divided into two separate markets – the academic market and the publishers’ market. As a young academic journal, Industry and Innovation needs to know the market in which it operates. I therefore investigate what some of the factors, that constitute competitive advantage in the academic market, are. I find that the peer review and journal ranking in Thompson Reuters - Web of Science play a significant role in academia. In the academic market this means that editors must publish academic articles which will generate many citations and thereby increase ranking. Having understood the academic market, I proceed to analyse the resources of Industry and Innovation in order to see if the journal has the resources and capabilities to increase ranking. This is done within the framework of the resource-based view (Barney, 1991). I find that most of the resources available to Industry and Innovation are pedestrian resources, which can only account for competitive parity. The capabilities of the journal, however, might in the future constitute a competitive advantage as they fulfil the criteria set forth by Barney (1991)

EducationsMSc in Management of Innovation and Business Development, (Graduate Programme) Final Thesis
LanguageEnglish
Publication date2010
Number of pages114