Antonio Ghezzi

Antonio Ghezzi
Politecnico di Milano | Polimi · Department of Management, Economics and Industrial Engineering DIG

Associate Professor of Strategy and Entrepreneurship - Ph.D.

About

162
Publications
214,988
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4,571
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Introduction
Antonio Ghezzi, Ph.D., is currently Associate Professor of Strategy and Entrepreneurship at the Department of Management, Economics and Industrial Engineering, Politecnico di Milano – Italy; member of the core faculty at MIP – Graduate School of Business, where he directs the Executive Program in Digital Transformation FLEX and Part Time; and Head of Research at the Hi-tech Startups Observatory- Digital Innovation Observatories. His main research fields are Business Model Design, Validation & Innovation, Lean Startup Approaches (LSAs) as a scientific and experiment-based approach to Entrepreneurship; Digital Transformation; Strategic Entrepreneurship and Incumbent-Startups strategic collaboration.
Additional affiliations
January 2010 - present
Politecnico di Milano
Position
  • Post Doc Research Fellow

Publications

Publications (162)
Article
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As academic and practitioner studies on crowdsourcing have been building up since 2006, the subject itself has progressively gained in importance within the broad field of management. No systematic review on the topic has so far appeared in management journals, however; moreover, the field suffers from ambiguity in the topic's definition, which in...
Article
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Digital startups in the early stages of their development frequently undergo innovation to their value architecture and Business Model. A set of pragmatic methods drawing on lean and agile principles has recently been proposed to support digital entrepreneurs facing Business Model Innovation (BMI), known as Lean Startup Approaches (LSAs). However,...
Article
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Digital startups launching original value propositions can test out and validate their business model using a recent and emerging set of practices known as Lean Startup Approaches (LSAs), which consist of Customer Development and the Lean Startup. While LSAs are gaining momentum in the ecosystem surrounding digital startups, they still suffer from...
Article
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The role of the business model (BM) as heuristics to support entrepreneurial and strategic problem solving at a cognitive level has been hinted at by extant literature, but left largely unexplored as of yet. This study is positioned in the emerging research on the cognitive individual microfoundations of Entrepreneurship and Strategy, and contribut...
Article
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Purpose This study aims to introduce the original idea of competitive empathy, to go beyond competitive advantage and help managers and entrepreneurs strategize with a shared purpose. Design/methodology/approach This study builds on and originally combines seminal works on empathy in the fields of psychology and management, which are extended to e...
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Contributing to the scarce literature on how companies can deal with their business model of digital transition, this work explores the digital transformation (DT) process in small and medium enterprises (SME), investigating how organizational culture, structure, and leadership influence it. While such three factors are deemed essential components...
Article
The Covid-19 outbreak in 2019 and beyond severely threatened global supply chains and markets. Firms worldwide saw their operations limited by governmental restrictions, compromising the viability of their business models and challenging previously established assumptions. This situation offered an opportunity to investigate new ventures’ processes...
Article
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Purpose This study aims to analyze the impact of different exit alternatives, investor presence and founders’ human capital on the exit value of European venture capital (VC)-backed high technology startups. Design/methodology/approach The empirical analysis is based on a sample of 107 European firms that obtained an exit through Merger&Acquisitio...
Article
Agility has become a key capability for contemporary firms, constantly facing fast-changing markets and evolving customer needs. The greatest challenge firms encounter today is to endure continuous change and successfully navigate through uncertainty, hence developing agility to identify and exploit market opportunities while striving within uncert...
Article
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To date, contributions in the field of entrepreneurial ecosystems have mainly focused on definitions, actors, key attributes, consequences on startups' creation and growth, while conceding less space to key relations among actors. This study contributes to filling this gap by exploring the relation in entrepreneurial ecosystems between small-medium...
Conference Paper
Blockchain is becoming an increasingly relevant topic and companies are beginning to build business solution using this technology. Despite the relevance of the changes that blockchain could bring to business and management, current research is still predominantly focused on technological aspects and practical applications. Knowledge is lacking als...
Article
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There is growing recognition that the governance of open innovation is interdependent with the outcome being developed. In this paper, we address the dynamic nature of open innovation governance through an in-depth, longitudinal case study of a commercial software firm and a big science centre co-developing a digital platform. We identified five pr...
Article
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The MIP Timing Detector will provide additional timing capabilities for detection of minimum ionizing particles (MIPs) at CMS during the High Luminosity LHC era, improving event reconstruction and pileup rejection. The central portion of the detector, the Barrel Timing Layer (BTL), will be instrumented with LYSO:Ce crystals and Silicon Photomultipl...
Preprint
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The MIP Timing Detector will provide additional timing capabilities for detection of minimum ionizing particles (MIPs) at CMS during the High Luminosity LHC era, improving event reconstruction and pileup rejection. The central portion of the detector, the Barrel Timing Layer (BTL), will be instrumented with LYSO:Ce crystals and Silicon Photomultipl...
Article
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Purpose Most studies investigating the adoption of lean startup (LS) practices by technology new ventures focus on software startups in mature entrepreneurial ecosystems and disregard their applicability for opportunity exploitation in other technological backgrounds. This study contributes to this research stream by exploring how Brazilian technol...
Article
Purpose The purpose of this article is to develop a model to assess entrepreneurial ecosystems. Specifically, the authors examine how to measure value creation and value capture mechanisms from a single participant's perspective and at the ecosystem level through a strategic value network-based approach. Design/methodology/approach Building on ext...
Article
Overview Since the dot-com revolution in the early 2000s, traditional, vertically integrated firms have attempted to innovate using multi-sided digital platforms, matching customer and supplier groups to resolve the needs of both. These firms’ underlying logic has disrupted traditional business models, enabling them to introduce new and counterintu...
Article
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Purpose This study aims at exploring how small and medium enterprises (SMEs) can implement a more open and co-creational business model by actively collaborating with startups. Design/methodology/approach Because of the novelty of the SME–startup collaboration phenomenon and to the depth of the investigation required to grasp the mechanisms and log...
Article
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Technological innovations are increasing the opportunities to develop technically and economically feasible Smart Products. However, the development of Smart Products requires knowledge and capabilities that single companies usually do not possess, thus creating new opportunities for cooperation through the establishment of innovation ecosystems fo...
Article
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Purpose This paper aims to examine how competitive intelligence (CI) relates to the strategy formulation process of firms. Design/methodology/approach Due to the novelty of the phenomenon and to the depth of the investigation required to grasp the mechanisms and logics of CI, a multiple case study has been performed related to four companies locat...
Article
Background There is limited information on socio-professional attainment in pediatric-onset multiple sclerosis (POMS) compared with adult-onset MS (AOMS). Objectives To assess socio-professional outcomes in POMS and AOMS and variables influencing these outcomes. Methods One-hundred-fifteen AOMS and 111 POMS patients underwent neuropsychological t...
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Purpose The purpose of this study is to provide a review of the emergent literature to advance the current understanding of the business model (BM) concept in a context in which more than one actor is actively involved in the development and delivery of a joint offer based on information and communication technologies. Design/methodology/approach...
Article
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Building on the literature on agglomeration economies, this study examines how urbanization, industry-diversification, district economics and incubating initiatives are associated to the creation of innovative start-ups in Italy. The empirical analysis is based on a sample of 6018 innovative start-ups distributed across 104 Italian NUTS 3 regions....
Article
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Digital technologies are bringing a wide spectrum of business opportunities as well as significant organizational challenges for incumbent companies operating in traditional industries such as the energy one. The diffusion of new technologies is changing the way energy solutions are consumed and experienced, while consumers increasingly take owners...
Article
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The emergence of a sharing revolution is leading to a new societal system of collaboration enabled by digital technologies. Although sharing-based initiatives are re-shaping established organisational practices and innovating traditional business models (BMs), existing research fails in grasping the phenomenon's multiple facets. This study aims at...
Article
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Purpose: Startups have attracted increased attention over the past years. While entrepreneurs develop startups to capture new business opportunities, also large companies are turning to these fast-growing organizations in efforts to become more agile. However, managing business model innovation and validation is challenging. A number of methodologi...
Article
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The purpose of this article is to review the emerging research on entrepreneurial ecosystem and to guide future research into this promising area. The study presents a critical review on the entrepreneurial ecosystem, starting from its very definition and antecedents. Combining prior research with building on the main concepts that constitute an en...
Article
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The power of platform business models has grown as our economies become increasingly digital, but how companies address the challenge of platform growth to achieve a critical mass of users remains unclear. In this study, we take a business model (BM) perspective to understand how mobile payment platform providers go about addressing such a challeng...
Article
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Purpose This paper aims to investigate how a firm may innovate its business model to internationalize. Design/methodology/approach Owing to its novelty and to the depth of the investigation required to grasp the mechanisms and logics of business model innovation aiming at internationalization, a single case study has been performed related to a co...
Preprint
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Digital entrepreneurship highly relies on external sources of financing to foster growth. This study aims at investigating how angel groups and venture capital (VC) funds affect growth of digital new ventures in their startup and scaleup phase. To address this aim, we analyzed 372 investment rounds regarding 256 Italian–based new ventures. The key...
Article
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Purpose Digitalisation has been identified as a driving force behind retail sector transformation. The purpose of this paper is to provide a deeper understanding of how omni-channel strategies link to the digitalisation phenomenon. The study is explorative in nature and aims to expand existing knowledge by using a business model (BM) perspective....
Article
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Servitization and Industry 4.0 are considered two of the most recent trends transforming industrial companies. Servitization is mainly focused on adding value to the customer (demand-pull) while Industry 4.0 is frequently related to adding value to manufacturing process (technology-push). Although some scholars address them as complementary concept...
Article
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The past decade has seen extraordinary increase in worldwide availability of and access to several large multiple sclerosis (MS) databases and registries. MS registries represent powerful tools to provide meaningful information on the burden, natural history, and long-term safety and effectiveness of treatments. Moreover, patients, physicians, indu...
Article
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Purpose: Business Model Change (BMC) is a process new ventures are frequently involved in, especially in dynamic environments like the Digital Industry: copying with it is a key issue for entrepreneurs attempting to shorten the transition between current and new business models (BMs) and avoid losses in terms of revenue, image and customer retentio...
Article
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Purpose The primary goal of a startup is to find a viable business model that can generate value for its customers while being effectively captured by the startup itself. This business model, however, is not easily defined, being a consequence of the application of tools involving trials, data analyses and testing. The Lean Startup (LS) methodology...
Article
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Background: Dimethyl-fumarate (DMF) demonstrated efficacy and safety in relapsing-remitting multiple sclerosis (MS) in randomized clinical trials. Objectives: To track and evaluate post-market DMF profile in real-world setting. Materials and methods: Patients receiving DMF referred to Italian MS centres were enrolled and prospectively followed...
Article
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Manufacturing companies that adopt the servitization strategy usually show lack of knowledge regarding the service offering associated to their manufactured products. Acquiring external knowledge from service suppliers can be a way to tackle this problem. The objective of this study is to understand how manufacturing companies aiming at a servitiza...
Article
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New and existing companies are looking for ways to thrive in a competitive environment with innovative business models while respecting society and avoiding actions that harm the planet. Trends such as circular economy, fair trade, lowsumerism, and sharing economy are some of the many emerging entrepreneurial approaches that address this issue, but...
Conference Paper
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Genres of communications significantly influence the evolution of a field of research. In the Information Systems (IS) domain, a debate has recently emerged on the chance to implement alternative genres in the representation of IS publication and practice. We hence propose to apply story-telling and narrative as alternative genres to write publicat...
Article
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Purpose This study aims to discuss how business model innovation from both incumbents and startups growingly may stem from past products, services, and approaches reinvented. This results in what is labeled the “Reinventing the Wheel (RTW)” innovation paradigm, where the future is seen through the lenses of the past. Design/methodology/approach Th...
Article
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Rituximab (RTX) efficacy in NMO is suggested by several case series. No consensus exists on optimal dosing strategies. At present the treatment schedules more frequently used are 375 mg/m2/week iv for 4 weeks (RTX-A) and 1000 mg iv twice, 2 weeks apart (RTX-B). Aim of this study is to confirm RTX efficacy and safety in the treatment of NMO and to e...
Article
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Purpose – The purpose of this paper is to identify and discuss the reasons why business models fail, while also identifying the features necessary to develop a method that enables the evaluation of the implementation process of the business model, and is able to help in its development. Design/methodology/approach – The proposed method (roadmap fo...
Article
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Purpose This study aims to recognize the growing importance of Open Innovation (OI) theory and practice in the broader fields of Management and Information Systems, and focuse on the relationship existing between OI and a firm’s Business Strategy. Hence, the study aims at investigating the multifaceted OI – Strategy nexus at a business level, asses...
Article
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Background The approval of 9-δ-tetrahydocannabinol and cannabidiol (THC:CBD) oromucosal spray (Sativex) for the management of treatment-resistant multiple sclerosis (MS) spasticity opened a new opportunity for many patients. The aim of our study was to describe Sativex effectiveness and adverse events profile in a large population of Italian patien...
Article
The study of cognitive reserve (CR) in relationship with cognitive impairment (CI) in pediatric-onset multiple sclerosis (POMS) may provide cues to identifying subjects at higher risk of impairment and scope for therapeutic strategies. In all, 48 POMS patients were followed up for 4.7 ± 0.4 years. CI was defined as the failure of ⩾3 tests on an ext...
Article
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The path towards the development of a Future Internet infrastructure requires a significant redefinition and realignment of the basic concept of Internet interconnection (IC), which is the glue that holds the Internet together via bilateral network interconnection agreements of best effort (i.e. non-assured) quality. More specifically, the concept...
Article
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Theory discussing how to define and frame the relationship between the strategy making process (SMP) and business model innovation (BMI) is still incipient in the academic literature. Thus, this study aims at investigating the relationship between SMP and BMI by addressing (1) when firms engage in BMI within the overall SMP, and (2) how firms desig...
Article
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The assessment of a company's strategic endowment of resources, competencies and capabilities (R&C&Cs) and the identification of core R&C&Cs are key issues in strategy and technology management, though these processes suffer from the lack of consolidated models and methods to support their operationalization. This study proposes a Fuzzy Assessment...
Article
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While theories on innovation management and strategy has often focused on teaching strategists how to promote change endogenously, by taking the role of 'innovation-makers', it should be recognised that a single firm is often forced to act as an 'innovation-taker', receiving rather than driving innovations generated exogenously. The effect of exter...
Article
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Business Model Design (BMD) & Lean Startup (LSA) approach are two widespread practices among entrepreneurs, where many Mobile startups declare to adopt them. However, neither of the two frameworks are well rooted in the academic literature; and few studies address the issue of whether they actually outperform traditional approaches to new Mobile St...
Conference Paper
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The growth of the Mobile telecommunications business in Italy has largely offset the decrease in revenues coming from fixed telephony. More specifically, we are witnessing a significant growth in data services, mainly driven by connectivity. The competitive landscape is also evolving, thanks to the growing convergence between the markets of Telecom...