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Journal ArticleDOI

Innovation practices in emerging economies: Do university partnerships matter?

TL;DR: In this article, the authors explored the enterprises' motivations to collaborate with universities in terms of innovation purposes (exploration and exploitation) or alternatives to access to public funds (compulsory requirement of being involved in a university partnership).
Abstract: Enterprises’ resources and capabilities determine their ability to achieve competitive advantage. In this regard, the key innovation challenges that enterprises face are liabilities associated with their age and size, and the entry barriers imposed on them. In this line, a growing number of enterprises are starting to implement innovation practices in which they employ both internal/external flows of knowledge in order to explore/exploit innovation in collaboration with commercial or scientific agents. Within this context, universities play a significant role providing fertile knowledge-intensive environments to support the exploration and exploitation of innovative and entrepreneurial ideas, especially in emerging economies, where governments have created subsidies to promote enterprise innovation through compulsory university partnerships. Based on these ideas, the purpose of this exploratory research is to provide a better understanding about the role of universities on enterprises’ innovation practices in emerging economies. More concretely, in the context of Mexico, we explored the enterprises’ motivations to collaborate with universities in terms of innovation purposes (exploration and exploitation) or alternatives to access to public funds (compulsory requirement of being involved in a university partnership). Using a sample of 10,167 Mexican enterprises in the 2012 Research and Technological Development Survey collected by the Mexican National Institute of Statistics and Geography, we tested a multinomial regression model. Our results provide insights about the relevant role of universities inside enterprises’ exploratory innovation practices, as well as, in the access of R&D research subsidies.

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Book
01 Jan 2009

8,216 citations

Journal ArticleDOI
TL;DR: In this paper, the authors examined the relationship between entrepreneurship, innovation and public policies in the 186 papers published from 1970 to 2019 and presented the seven papers that contribute to this special issue.
Abstract: The purpose of this article and the special issue is to improve our understanding of the theoretical, managerial, and policy implications of the effectiveness of technology transfer policies on entrepreneurial innovation. We accomplish this objective by examining the relationship between entrepreneurship, innovation and public policies in the 186 papers published from 1970 to 2019. Our analysis begins by clarifying the definition of entrepreneurial innovations and outlining the published research per context. We then present the seven papers that contribute to this special issue. We conclude by outlining an agenda for additional research on this topic.

79 citations


Cites background from "Innovation practices in emerging ec..."

  • ...For the other hand, 21% of published studies were contextualized into universities with capabilities that transform knowledge into disruptive/commercial innovations or technologies but that is also conditioned by IPR laws such as copyright, patents, licenses, trademarks, trade secrets, and among others (e.g., see Goldsmith and Kerr 1991; Zenie 2003; Sáez-Martínez et al. 2014; Thongpravati et al. 2016; Guerrero et al. 2016; Marozau and Guerrero 2016; Guerrero and Urbano 2017; Guerrero et al. 2019; Eesley and Miller 2018; Qian et al. 2018)....

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References
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Book ChapterDOI
TL;DR: In this article, the authors examined the link between firm resources and sustained competitive advantage and analyzed the potential of several firm resources for generating sustained competitive advantages, including value, rareness, imitability, and substitutability.

46,648 citations


"Innovation practices in emerging ec..." refers background in this paper

  • ...According to the resource-based view (RBV), the enterprises’ resources and capabilities determine their ability to achieve competitive advantage (Amit and Schoemaker 1993; Barney 1991; Grant 1991; Penrose 1959)....

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Journal ArticleDOI
TL;DR: In this paper, the authors argue that the ability of a firm to recognize the value of new, external information, assimilate it, and apply it to commercial ends is critical to its innovative capabilities.
Abstract: In this paper, we argue that the ability of a firm to recognize the value of new, external information, assimilate it, and apply it to commercial ends is critical to its innovative capabilities. We label this capability a firm's absorptive capacity and suggest that it is largely a function of the firm's level of prior related knowledge. The discussion focuses first on the cognitive basis for an individual's absorptive capacity including, in particular, prior related knowledge and diversity of background. We then characterize the factors that influence absorptive capacity at the organizational level, how an organization's absorptive capacity differs from that of its individual members, and the role of diversity of expertise within an organization. We argue that the development of absorptive capacity, and, in turn, innovative performance are history- or path-dependent and argue how lack of investment in an area of expertise early on may foreclose the future development of a technical capability in that area. We formulate a model of firm investment in research and development (R&D), in which R&D contributes to a firm's absorptive capacity, and test predictions relating a firm's investment in R&D to the knowledge underlying technical change within an industry. Discussion focuses on the implications of absorptive capacity for the analysis of other related innovative activities, including basic research, the adoption and diffusion of innovations, and decisions to participate in cooperative R&D ventures. **

31,623 citations


"Innovation practices in emerging ec..." refers background in this paper

  • ...Traditionally, rather than intrapreneurial and commercial innovation practices, enterprise–university partnerships are characterized by an absorptive capacity of inflows knowledge as well as possibilities to access to R&D public funding, qualified/specialized personnel, and technological capabilities (Cohen and Levinthal 1990; Belderbos et al. 2004; Colombo et al. 2004; Astrom et al. 2008; Olazarán et al. 2009)....

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  • ...…characterized by an absorptive capacity of inflows knowledge as well as possibilities to access to R&D public funding, qualified/specialized personnel, and technological capabilities (Cohen and Levinthal 1990; Belderbos et al. 2004; Colombo et al. 2004; Astrom et al. 2008; Olazarán et al. 2009)....

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Journal ArticleDOI
TL;DR: The dynamic capabilities framework as mentioned in this paper analyzes the sources and methods of wealth creation and capture by private enterprise firms operating in environments of rapid technological change, and suggests that private wealth creation in regimes of rapid technology change depends in large measure on honing intemal technological, organizational, and managerial processes inside the firm.
Abstract: The dynamic capabilities framework analyzes the sources and methods of wealth creation and capture by private enterprise firms operating in environments of rapid technological change. The competitive advantage of firms is seen as resting on distinctive processes (ways of coordinating and combining), shaped by the firm's (specific) asset positions (such as the firm's portfolio of difftcult-to- trade knowledge assets and complementary assets), and the evolution path(s) it has aflopted or inherited. The importance of path dependencies is amplified where conditions of increasing retums exist. Whether and how a firm's competitive advantage is eroded depends on the stability of market demand, and the ease of replicability (expanding intemally) and imitatability (replication by competitors). If correct, the framework suggests that private wealth creation in regimes of rapid technological change depends in large measure on honing intemal technological, organizational, and managerial processes inside the firm. In short, identifying new opportunities and organizing effectively and efficiently to embrace them are generally more fundamental to private wealth creation than is strategizing, if by strategizing one means engaging in business conduct that keeps competitors off balance, raises rival's costs, and excludes new entrants. © 1997 by John Wiley & Sons, Ltd.

27,902 citations


"Innovation practices in emerging ec..." refers background in this paper

  • ...The dynamic capabilities approach helps to explain how enterprises tend to integrate, build, and reconfigure internal/external resources/competences in response to rapidly-changing environments (Teece et al. 1997), and how they implement certain routines (Zollo and Winter 2002), processes or rules depending on the market dynamics (Eisenhardt and Martin 2000), thereby developing a capacity to purposefully create, extend, or modify their resource base (Helfat et al....

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  • ...…how enterprises tend to integrate, build, and reconfigure internal/external resources/competences in response to rapidly-changing environments (Teece et al. 1997), and how they implement certain routines (Zollo and Winter 2002), processes or rules depending on the market dynamics (Eisenhardt…...

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Journal ArticleDOI
TL;DR: In this paper, the authors explore the usefulness of analyzing firms from the resource side rather than from the product side, in analogy to entry barriers and growth-share matrices, the concepts of resource position barrier and resource-product matrices are suggested.
Abstract: Summary The paper explores the usefulness of analysing firms from the resource side rather than from the product side. In analogy to entry barriers and growth-share matrices, the concepts of resource position barrier and resource-product matrices are suggested. These tools are then used to highlight the new strategic options which naturally emerge from the resource perspective.

18,677 citations


"Innovation practices in emerging ec..." refers background in this paper

  • ...In this regard, over the past quarter-century, a large body of theoretical and empirical work has helped to shape our understanding of how enterprises’ resources and capabilities lead to differences in survival and performance (Wernerfelt 1984; Amit and Schoemaker 1993; McGrath et al. 1995; Miller and Shamsie 1996; Gruber et al. 2008)....

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  • ...…a large body of theoretical and empirical work has helped to shape our understanding of how enterprises’ resources and capabilities lead to differences in survival and performance (Wernerfelt 1984; Amit and Schoemaker 1993; McGrath et al. 1995; Miller and Shamsie 1996; Gruber et al. 2008)....

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Book
01 Jan 1959
TL;DR: In this article, the authors studied the role of large and small firms in a growing economy and found that large firms are more likely to acquire and merge smaller firms in order to increase their size.
Abstract: Introduction Preface 1. Introduction 2. The Firm in Theory 3. The Productive Opportunity of the Firm and the 'Entrepreneur' 4. Expansion Without Merger: The Receding Managerial Limit 5. 'Inherited' Resources and the Direction of Expansion 6. The Economies of Size and the Economies of Growth 7. The Economics of Diversification 8. Expansion Through Acquisition and Merger 9. The Rate of Growth of Firms Through Time 10. The Position of Large and Small Firms in a Growing Economy 11. Growing Firms in a Growing Economy: The Process of Industrial Concentration and the Pattern of Dominance

14,137 citations