2016
DOI: 10.1111/joms.12215
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Entry and Technological Performance in New Technology Domains: Technological Opportunities, Technology Competition and Technological Relatedness

Abstract: Entry and success in new technology domains (NTDs) is essential for firms' longterm performance. We argue that firms' choices to enter NTDs and their subsequent performance in these domains are not only governed by firm-level factors but also by environmental characteristics. Entry is encouraged by the richness of opportunities for technology development, while technology competition by incumbent firms discourages entry and render entries that do take place less successful. Firms are expected to be positioned … Show more

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Cited by 49 publications
(31 citation statements)
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References 155 publications
(209 reference statements)
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“…org/ 0000-0002-6363-1382 Notes 1. The EE concept has been adopted in numerous works in high tier journals (see Bennett, 2021;Bennett, 2019;Browder et al, 2019;Frederiks et al, 2019;Leten et al, 2016;McAdam et al, 2020;Nambisan, 2017;Obschonka & Audretsch, 2020;von Briel et al, 2018). Elaborate applications of the EE Framework are starting to appear in high tier entrepreneurship journals (e.g., Chalmers et al, 2021;Chalmers et al, 2020;Chen et al, 2020).…”
Section: Orcid Idsmentioning
confidence: 99%
“…org/ 0000-0002-6363-1382 Notes 1. The EE concept has been adopted in numerous works in high tier journals (see Bennett, 2021;Bennett, 2019;Browder et al, 2019;Frederiks et al, 2019;Leten et al, 2016;McAdam et al, 2020;Nambisan, 2017;Obschonka & Audretsch, 2020;von Briel et al, 2018). Elaborate applications of the EE Framework are starting to appear in high tier entrepreneurship journals (e.g., Chalmers et al, 2021;Chalmers et al, 2020;Chen et al, 2020).…”
Section: Orcid Idsmentioning
confidence: 99%
“…In the search of a solution to the problem of low efficiency of Russian heating networks, we will turn to the experience of other countries with similar climatic conditions such as Denmark, Norway, and Finland. The significant place in solving this problem is given to strategic management and the use of innovative solutions [7][8][9].…”
Section: Discussionmentioning
confidence: 99%
“…It goes without saying that benefits stemming from internal spillovers and knowledge transfers between technology exploration and exploitation activities need to be considered in conjunction with benefits arising from locating (new) development activities in regions with specific expertise that may be new to the firm (Belderbos, Van Roy, Leten, and Thijs, ; Lecocq, Leten, Kusters, and Van Looy, ). Managers are also well advised to consider that technology relatedness (Breschi et al, ; Leten et al, ; Leten, Belderbos, and Van Looy, ) can play an important role in effective entry and performance in new technology fields. Explicit consideration of these factors will result in more informed and hence more effective corporate decision‐making regarding the composition and location of exploratory and exploitative R&D activities.…”
Section: Conclusion and Discussionmentioning
confidence: 99%