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The dynamics of product innovation and firm competences
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This study examines how product innovation contributes to the renewal of the firm through its dynamic and reciprocal relation with the firm's competences through field research in five high-tech firms of varying age, size, and level of diversification.Abstract:
This study examines how product innovation contributes to the renewal of the firm through its dynamic and reciprocal relation with the firm's competences Field research in five high-tech firms of varying age, size, and level of diversification is combined with analysis of existing theory to develop the findings of the study Based on the notion that new products are created by linking competences relating to technologies and customers, a typology is derived that classifies new product projects based on whether a new product can draw on existing competences, or whether it requires competences the firm does not yet have Following organizational learning theory, these options are conceptualized as exploitation and exploration These organizational learning concepts are used to gain a dynamic and path-dependent view of product innovation and firm development, and to reveal the unique nature and challenges of different types of product innovation Copyright © 2002 John Wiley & Sons, Ltdread more
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Managerial conservatism, board independence and corporate innovation
TL;DR: In this paper, the authors study the effect of board independence on corporate innovation and show that firms with more independent boards use more equity-based compensation, especially stock options, to promote managerial risk-taking.
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Antecedents and Consequences of Firms’ Process Innovation Capability: A Literature Review and a Conceptual Framework
TL;DR: A conceptual framework of firms' process innovation capability is developed to synthesize the literature and to advance knowledge about managing process innovation.
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Entrepreneurship and poverty reduction: A case study of Yiwu, China
TL;DR: The authors employed an in-depth case study of how poverty was reduced through entrepreneurship and innovation in the eastern Chinese city of Yiwu and reported on key factors, new insights, and experiences which have led to success in poverty reduction and contributes to theory and practice in this area.
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Absorptive capacity for need knowledge: antecedents and effects for employee innovativeness
TL;DR: In an individual-level study of 864 employees from a home appliance firm, this article showed that need absorptive capacity is theoretically and empirically distinct from solution absorptive capacities, and that both are positively associated with employee innovativeness.
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The effect of technological knowledge assets on performance: The innovative choice in Spanish firms
TL;DR: In this article, the authors examined the relationship between Technological Knowledge Assets (TKAs) and performance, in the light of making the "innovative choice" that involves short-term costs of acquiring or generating the assets but aims at longer term benefits through innovation.
References
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Dynamic capabilities and strategic management
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Building theories from case study research.
TL;DR: In this paper, the authors define a leadership event as a perceived segment of action whose meaning is created by the interactions of actors involved in producing it, and present a set of innovative methods for capturing and analyzing these contextually driven processes.
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Naturalistic inquiry: Beverly Hills, CA: Sage Publications, 1985, 416 pp., $25.00 (Cloth)
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A Resource-Based View of the Firm
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.