2006
DOI: 10.1016/j.technovation.2005.04.006
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Analysis of technological innovation from business economics and management

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Cited by 108 publications
(81 citation statements)
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“…Levels of innovativeness and competitiveness, however, may not simply depend on skills that firms can find and exploit in-house, but on the effectiveness with which they can gain access to external sources of technological knowledge and skills (Kline and Rosenberg, 1986;Kogut, 1988). Technological resources, though, are not allocated efficiently in the market (Galende, 2006), making market transactions difficult to organize and opening the door to major relational problems (Pisano, 1990). Collaborative agreements-a solution between the organization and the marketeliminate some of these problems and allow partners to pool resources and exploit complementarities (Das and Teng, 2000;Belderbos et al, 2004a).…”
Section: Introductionmentioning
confidence: 99%
“…Levels of innovativeness and competitiveness, however, may not simply depend on skills that firms can find and exploit in-house, but on the effectiveness with which they can gain access to external sources of technological knowledge and skills (Kline and Rosenberg, 1986;Kogut, 1988). Technological resources, though, are not allocated efficiently in the market (Galende, 2006), making market transactions difficult to organize and opening the door to major relational problems (Pisano, 1990). Collaborative agreements-a solution between the organization and the marketeliminate some of these problems and allow partners to pool resources and exploit complementarities (Das and Teng, 2000;Belderbos et al, 2004a).…”
Section: Introductionmentioning
confidence: 99%
“…Additionally, even though firms create technologies, rival firms might readily exploit these technologies, with the consequence that no benefits are harvested by TO firms [43].There is even uncertainty about whether the results expected from the technology investment will really be achieved [19]. These difficulties surrounding the adoption and effective use of technology have highlighted the importance of uncertainty and the relevance of non-predictive strategy, with numerous researchers questioning the utility of emphasising prediction and/or adapting to exogenously-given circumstances [45].…”
Section: Introductionmentioning
confidence: 99%
“…Furthermore, an agency-relationship effect may exist (Galende, 2006): hotel managers investing in innovation must report a certain expense that will be profitable in the future when they may be working in another establishment or firm. More experienced directors may possibly consider this a deterrent.…”
Section: Discussionmentioning
confidence: 99%