VIDEO - Future Shocks: Dan Levinthal on Sustaining Competitive Advantage

Dan Levinthal is a professor of management at the Wharton School at the University of Pennsylvania. He is also the Michael Crouch Visiting Professorial Fellow at the Australian School of Business where he will be giving a series of talks on innovation and the experimenting organisation. Levinthal says that companies seeking to foster new possibilities need a mix of discipline and some element of tolerance for at least partial failure. It is about balancing exploration and exploitation. Levinthal recently spoke with Knowledge@Australian School of Business.