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1.
Economists typically define innovation as a process or practice that is new to an industry; hence they emphasize a firm's speed of innovation relative to other firms in the industry. Organizational theorists, on the other hand, usually focus on the number of products or processes that are new to the firm; hence, they emphasize innovation magnitude. This study builds a bridge between these two approaches by exploring the link between two dimensions of innovation—speed and magnitude—and two measures of a firm's performance—objective financial reports and executive ratings of perceived effectiveness. We propose that each dimension of innovation will be associated with a different measure of firm performance. Using data from the commercial banking industry, we find interesting results that partially support our predictions based on the theory that different dimensions are indeed linked to different measures of performance. Implications for future research and practice are discussed.  相似文献   

2.
The ability to internationalize has become a competitive necessity for many SMEs, enabling their survival and access to larger markets. From an IS research perspective, one important issue is the strategic role played by the firm's IT capabilities in responding to greater environmental uncertainty and correspondingly greater information requirements, and in enabling the firm's internationalization performance. Given that such a major aspect of the influence of IT on the performance of SMEs has so far been ignored, the following research question is posed: to what extent does the match between the IT capabilities and information requirements of SMEs contribute to their internationalization performance? Our research model and hypotheses are based on Tushman and Nadler's information processing model. In revisiting this model, the aim was to show its continued relevancy and extend its domain of applicability. In order to answer the research question, we conduct a survey-based empirical study of 174 Canadian SMEs that have internationalized their activities. Our results show that a better match between IT capabilities and information requirements does indeed exert a positive influence on internationalization performance. We also find that the SMEs’ IT capabilities are influenced externally by the environmental uncertainty and internally by their internationalization mode.  相似文献   

3.
《Research Policy》2023,52(7):104814
Innovation studies have thoroughly analysed how firms' perception of barriers affects their innovative behaviour. We contribute to this line of research by analysing complementary and substitution effects between financial barriers, internal knowledge barriers and external knowledge barriers on firms' innovative effort. Using a panel data set of Uruguayan firms between 2006 and 2015, we add to empirical studies on this topic by estimating both unconditional and conditional complementary and substitution effects between these innovation barriers. We apply an econometric two-step specification that includes an estimation of instrumental variables, which allows us to control for endogeneity biases in the supermodularity and submodularity tests. We find significant evidence that external and internal knowledge barriers reinforce each other's effects (complementary effects), conditional on the absence of financial barriers. We also find that financial and internal knowledge barriers mitigate each other's effects (substitution effects) conditional on the firm's perception of external knowledge barriers. Additionally, we find substitution effects between financial and external knowledge barriers, conditional on the firm's perception of internal knowledge barriers. We discuss these results against the backdrop of Uruguayan innovation policies during the period studied, and stress the necessary articulation between instruments that will help strengthen firms' innovation management to recognize and manage innovation barriers.  相似文献   

4.
Scholars have recently highlighted the promise of open innovation. In this paper, we treat open innovation—in it's different forms and manifestations—as well as internal or closed innovation, as unique governance forms with different benefits and costs. We discuss how each governance form, whether open or closed, is composed of a set of instruments that access (a) different types of communication channels for knowledge sharing, (b) different types of incentives, and (c) different types of property rights for appropriating value from innovation. We focus on the innovation “problem” as the central unit of analysis, arguing for a match between problem types and governance forms, which vary from open to closed and which support alternative forms of solution search. In all, the goal of this paper is to provide a comparative framework for managing innovation, where we delineate and discuss four categories of open innovation governance forms (markets, partnerships, contests and tournaments and user or community innovation) and compare them with each other and with two internal or closed forms of innovation governance (authority and consensus-based hierarchy).  相似文献   

5.
《Research Policy》2022,51(6):104516
Green public procurement has gained high political priority and is argued to be an effective demand-side policy to trigger environmental innovations. However, the empirical evidence on its innovation impact is limited. We construct a novel firm-level dataset to investigate the effect of winning public procurement tenders with additional environmental award criteria on firms’ introduction of environmental innovations. Employing cross-sectional difference-in-differences methods, we find that winning public procurement awards with environmental selection criteria increases a firm's probability of introducing more environmentally friendly products on average by 20 percentage points. We show that this effect is driven by small and medium-sized firms and is not statistically significant for larger firms. Furthremore, there is no statistically significant effect on the introduction of more environmentally friendly processes.  相似文献   

6.
基于社会网络分析,选取我国上市医药制造企业专利合作数据,利用专利共同申请人构建企业专利合作网络,采用负二项回归模型探讨专利自我中心合作网络的特征指标对企业不连续创新绩效的影响。结果表明,自我中心网络规模、关系频率、结构洞均对企业不连续创新绩效有显著正向影响,而自我中心网络密度对企业不连续创新绩效有负向影响。  相似文献   

7.
《Research Policy》2022,51(2):104442
Prior research has focused on how firms use a variety of organizational mechanisms to protect their R&D investments from misappropriation risks in foreign countries. Little is known, however, about how firms can rely on non-market factors to induce preferential treatment by host government authorities, thereby protecting their intellectual property overseas. In this paper, we investigate two such non-market factors, one at the country level, the other at the firm level, that are likely to influence the choice of where firms locate their innovation activities: host country inclination towards the firm's home country and the firm's political capabilities, respectively. We thus examine how IPR policies and non-market factors interact in protecting firm innovation from misappropriation and in making countries more attractive for innovation-related activities. We find support for our predictions in a sample of 1,341 foreign R&D investments made by 163 firms from 14 home countries over the period 2003–2016.  相似文献   

8.
The literature surrounding Intellectual Capital (IC) theory has grown substantially over the last 10 years with new models, frameworks and approaches introduced for how to manage IC. Yet, the practical implication of deploying IC methods in an organisation and its impact on a firm's business model innovation and decision-making process is relatively unexplored. This paper will review one tool, the IC Navigator approach and its effectiveness as a tool for resource deployment analysis and its impact on a firm's future value creation activities. The paper reports on research that involved five manufacturing firms who participated in an action learning workshop series and particularly the workshop dedicated to using the IC Navigator approach. The usefulness of this model as a tool to reconfiguring a firm's resources, as perceived by the five firms, is examined and findings are presented.  相似文献   

9.
《普罗米修斯》2012,30(2):386-387
Teleconferencing makes possible the communication of persons or groups at two or more different locations. If all participants are present simultaneously, it is classed as synchronous. In contrast, asynchronous teleconferencing offers store-and-forward options, and enables meetings to extend over time. Teleconferencing is viewed within the wider framework of its integration with associated forms of electronic technology, in particular, the ‘Decision Conference’; and consideration is given to the challenge this poses to a firm. Does its successful implementation require major re-structuring of the firm's existing organization? Are the synergic benefits gained by the new technologies influential in serving to integrate formerly discrete functions?  相似文献   

10.
《Research Policy》2023,52(6):104764
Research on the financial performance outcomes of open innovation has been equivocal and often relies on cross-sectional data and problematic assumptions about the role of the external context. A longitudinal perspective is crucial for gaining a better understanding of the potential of decreasing innovation utility as well as the conditions under which the costs of open innovation may counteract its benefits. Additionally, much of the research largely ignores the potential role and benefits of closed innovation. In this study, we address these issues by developing a theory related to how the benefits and costs of open innovation lead to an S-shaped relationship between the degree of openness – ranging from closed to low, medium, and high levels of open innovation – and a firm's financial performance. Furthermore, we investigate two possible contingencies in which this relationship is more pronounced: in industries with high appropriability, optimizing firms' ability to extract value from innovation and in dynamic industries, where coordinating high open innovation activities amid rapid changes is exceedingly costly. To test our hypotheses, we create a longitudinal measure for firms' degree of open innovation by using machine-learning content analyses to build an open innovation dictionary and then applying this dictionary to analyze the 10-K annual reports of >9000 publicly listed firms in the U.S. between 1994 and 2017. The results support our theorizing that the relationship between the degree of open innovation and firm financial performance is S-shaped and that industries' appropriability regimes and environmental dynamism are critical boundary conditions for this relationship.  相似文献   

11.
《Research Policy》2022,51(10):104601
We study differences in the returns to R&D investment between German manufacturing firms that sell in international markets and firms that only sell in the domestic market. Using firm-level data for five high-tech manufacturing sectors, we estimate a dynamic structural model of a firm's discrete decision to invest in R&D and use it to measure the difference in expected long-run benefit from R&D investment for exporting and domestic firms. The results show that R&D investment leads to higher rates of product and process innovation among exporting firms and these innovations have a larger economic return in export market sales than domestic market sales. As a result of this higher payoff to R&D investment, exporting firms invest in R&D more frequently than domestic firms, and this endogenously generates higher rates of productivity growth. We use the model to simulate the introduction of export and import tariffs on German exporters, and find that a 20 % export tariff reduces the long-run payoff to R&D by 24.2 to 46.9 % for the median firm across the five industries. Overall, export market sales contribute significantly to the firm's return on R&D investment which, in turn, raises future firm value, providing a source of dynamic gains from trade.  相似文献   

12.
解学梅 《科研管理》2015,36(2):69-78
基于长三角1206家制造业企业的问卷调查数据,运用因子分析和多元回归方法研究了企业协同创新影响因素与协同程度的交互关系。研究结果表明:(1)企业协同创新影响因素主要包括主体支撑因素、政策环境因素、协同机制因素和关系网络因素;(2)企业协同程度主要包括方式协同、企业-企业协同、企业-研究机构协同、企业-高校协同、企业-中介机构协同、企业-政府协同、要素协同和空间协同八个维度;(3)企业协同创新影响因素与协同程度之间基本呈现正相关关系,其中,政策环境因素对多维协同程度的影响最为显著。  相似文献   

13.
The global process of strengthening and harmonization of intellectual property rights (IPRs) systems has been intensified in the last twenty five years by the signing of trade agreements (TAs) that include chapters with intellectual property (IP) provisions and other trade-related issues. This paper provides a first exploration of whether and how the signing of TAs with IP chapters influences bilateral trade flows for a balanced panel of 110 countries and the period 1995–2013. We address methodological issues related to the assessment of the effect of TAs on bilateral trade. We use matching econometrics to evaluate the treatment of TAs with and without IP chapters. In addition, we estimate the effects of TAs on bilateral trade in a more dynamic fashion using a panel data approach based on the gravity model. Also, we perform our analysis for trade in low- and high-IP intensive products. We found that both types of TAs increase bilateral trade but TAs with no IPRs chapters have a stronger positive effect on trade. However, if we include lags to consider that TAs with IP chapters might need a longer implementation time, the net expected increase on trade is similar for both types of TAs. We also found that the effects depend on the development level of countries and on the IP intensity of products. We found a clear positive effect for developed countries, but we do not observe important gains for developing countries in all sectors and to all destinations derived from TAs with IP chapters. This raises the question of whether trade gains can compensate the effort related with IP reforms.  相似文献   

14.
This study examines the relationship between R&D drivers and firm's age, taking into account the autoregressive nature of innovation.  相似文献   

15.
The purpose of this paper is to explore how enterprises choose innovation pattern from the perspective of internal organization context. This article distinguishes between internal innovation and external innovation, such that human capital and information structure are the core factors affecting firm's choice decision for internal or external innovation. Based on a survey in China, this study analyzes the relationships among specific human capital, information structure and innovation pattern. Further we also examine the moderating effect of cooperative motivation including R&D motivation, technical learning motivation and strategy motivation. The results suggest that with the degree of specific human capital increase, enterprises tend to choose internal innovation pattern and with the information structure more dispersed/horizontal, enterprises more tend to choose internal innovation pattern. What's more, motives related to research and development, and technology learning are two relatively significant moderators in the relationships among specific human capital, information structure and innovation pattern.  相似文献   

16.
This paper explores trade-offs between knowledge exploitation and exploration activities. The study of exploitation and exploration activities is not new; however, rarely has past research perceived exploitation and exploration activities as two edges of one continuum. Furthermore, little evidence has been reported as to the actual trade-offs that firms face when launching either exploration or exploitation activities. This paper sets about filling this gap by addressing the following question: To what extent does an investment in one exploitation activity hinder the development of an exploration activity within the firm? A new process innovation targeting the exploitation of the firm's internal capabilities through an extensive component reuse and reconfiguration program is studied and the implications for inter-related exploration activities, such as the development of engineers' expertise is examined. To reveal the trade-offs between exploration and exploitation activities, both changes within and between these exploitation and exploration activities, over time, are studied. Based on data drawn from an in-depth study of several product development project teams in one high-tech company, we conclude that by investing in exploitation activities, a firm may limit some specific exploration activities.  相似文献   

17.
This paper analyses whether complementarity and substitutability of knowledge elements are key determinants of the firm's inventive performance, in addition to the more conventional measures of knowledge stock and diversity. Using patent data from 1968 to 2002 in the semiconductor industry, we find that the overall level of complementarity between knowledge components positively contributes to firms’ inventive capability, whereas the overall level of substitutability between knowledge components generally has the opposite effect. Yet a relatively high level of substitutability is found to be beneficial for explorative inventions. These results suggest that a firm's inventive capacity significantly depends on its ability to align its inventive strategies and knowledge base structure.  相似文献   

18.
In studies of firm's innovation performance, regression analysis can involve a significant level of model uncertainty because the ‘true’ model, and therefore the appropriate set of explanatory variables are unknown. Drawing on innovation survey data for France, Germany, and the United Kingdom, we assess the robustness of the literature on inbound open innovation to variable selection choices, using Bayesian model averaging (BMA). We investigate a wide range of innovation determinants proposed in the literature and establish a robust set of findings for the variables related to the introduction of new-to-the-firm and new-to-the-world innovation with the aim of gauging the overall healthiness of the literature. Overall, we find greater robustness for explanations for new-to-the-firm rather than new-to-the-world innovation. We explore how this approach might help to improve our understanding of innovation.  相似文献   

19.
The current study analyzes the processes involved in obtaining technological innovations. Conclusive results are lacking in the literature, so this work defines and empirically tests a model of the relations between the firm's innovative capacity and the different ways of accumulating knowledge and the decision whether or not to codify it. Also, the model takes into account whether the innovations obtained are radical or incremental.The empirical study uses a sample of Spanish biotechnology firms, and the results show that accumulating knowledge using internal sources and not codifying it significantly improves the firm's capacity to develop radical innovations. The results also show that knowledge codification speeds up the development of incremental innovations. The relation between incremental innovations and the sources of knowledge is not so clear, although the results suggest the possible existence of a nonlinear relation between the two variables.  相似文献   

20.
《Research Policy》1999,28(2-3):317-336
The paper develops a taxonomy of the globalisation of innovation based on three categories: (a) the international exploitation of technology produced on a national basis; (b) the global generation of innovations; (c) the global technological collaborations. The most evident changes implied by the increasing globalisation of innovation and technology are the tougher and increased competition and the greater collaboration between actors, both across and within national boundaries. The advantages, just as the costs, of these tendencies can be substantial, leading to a higher risk of `winners and losers'. The paper analyses the different impact that each category might have on the economic and innovative performance of countries and regions, with the aim of defining the implications for national policies. It is suggested that public policies play a different role in each of the three processes of the globalisation of innovation and that a single strategy does not exist, neither from a firm's nor from a government's perspective. The paper emphasis that none of the three categories in this taxonomy renders national policy obsolete. On the contrary, public policies are necessary on a far wider range than those currently implemented in the majority of countries.  相似文献   

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