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From organizational theory the authors know that firms tend to prioritize problems that are close in time and space. This paper develops a framework in order to understand how an innovation process is embedded into four different contexts that are drifting. These contexts are identified by introducing embeddedness in time and space as two basic dimensions, and combining these with organizational and technical resources as two types. They illustrate the theoretical ideas with an in-depth case study, taken from the Swedish biotech industry.
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