Fundamentals -- Models of innovation -- Underpinnings of profits: competences, endowments, and knowledge -- Sources and transfer of innovtion -- 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 -- Identifying potential co-operators -- Implementation and protection of profits -- Financing entrepreneurial activity -- Implementation of the decision to adopt -- Protecting entrepreneurial rents -- Globalization -- Globalization for innovations -- Innovating for emerging economics -- Role of national governments in innovation -- Strategic innovation process