WAVELENGTHS: Unraveling ASML’s sources of innovation

Susanne van der Velden

doi:10.26116/tisem.44187084

WAVELENGTHS: Unraveling ASML’s sources of innovation

Susanne van der Velden

Research output: Thesis › Doctoral Thesis

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Abstract

The three essays collected in this dissertation thesis provide deep insights into
the journey of lithography equipment maker ASML and unravels its intricate
play between entrepreneurial decision-making, strategic flexibility, technology
management, and innovation. It applies both a historical and theoretical lens. The studies show the company applied strategic decision making to create, develop, and sustain a blend of technological innovation, supply chain and ecosystem innovation, and a strong learning culture. Over forty years, ASML evolved from a Philips spin-off into a world market leader, holding a monopoly in the most advanced technologies and forming a central actor in the geopolitical technology war. During this period, the company has demonstrated a significant ability to navigate the volatile high-tech environment through strategic imprinting and adaptive growth strategies.

Original language	English
Qualification	Doctor of Philosophy
Awarding Institution	Tilburg University
Supervisors/Advisors	Akkermans, Henk, Promotor Noorderhaven, Niels, Promotor
Award date	28 Feb 2025
Place of Publication	Tilburg
Publisher	CentER
Print ISBNs	978 90 5668 761 8
DOIs	https://doi.org/10.26116/tisem.44187084
Publication status	Published - 2025

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title = "WAVELENGTHS: Unraveling ASML{\textquoteright}s sources of innovation",

abstract = "The three essays collected in this dissertation thesis provide deep insights into the journey of lithography equipment maker ASML and unravels its intricate play between entrepreneurial decision-making, strategic flexibility, technology management, and innovation. It applies both a historical and theoretical lens. The studies show the company applied strategic decision making to create, develop, and sustain a blend of technological innovation, supply chain and ecosystem innovation, and a strong learning culture. Over forty years, ASML evolved from a Philips spin-off into a world market leader, holding a monopoly in the most advanced technologies and forming a central actor in the geopolitical technology war. During this period, the company has demonstrated a significant ability to navigate the volatile high-tech environment through strategic imprinting and adaptive growth strategies. ",

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AB - The three essays collected in this dissertation thesis provide deep insights into the journey of lithography equipment maker ASML and unravels its intricate play between entrepreneurial decision-making, strategic flexibility, technology management, and innovation. It applies both a historical and theoretical lens. The studies show the company applied strategic decision making to create, develop, and sustain a blend of technological innovation, supply chain and ecosystem innovation, and a strong learning culture. Over forty years, ASML evolved from a Philips spin-off into a world market leader, holding a monopoly in the most advanced technologies and forming a central actor in the geopolitical technology war. During this period, the company has demonstrated a significant ability to navigate the volatile high-tech environment through strategic imprinting and adaptive growth strategies.

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WAVELENGTHS: Unraveling ASML’s sources of innovation

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