Entry conditions, firm strategies and their relationships to the innovation performance of an emerging green industry: The case of the solar cell industry

Park, Gunno; Kang, Jina

doi:10.1080/19761597.2010.9668691

Cited by 12 publications

(4 citation statements)

References 52 publications

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“…These risks are mainly caused by inconsistent regulations and policies, poor social awareness [80], lack of data for investment evaluation, poor understanding of systems by investors [81] and the requirement for supply chain infrastructure [82]. For the emerging solar cell industry in Korea, a few hypothesis tests were carried out by Park and Kang [83]. They concluded that the entry timing, collaboration activity and technology portfolio affected the product innovation performance during the emerging stage.…”

Section: Pioneering and Emerging Stagementioning

confidence: 99%

Prioritization of sustainability indicators for promoting the circular economy: The case of developing countries

Ngan

How

Teng

et al. 2019

Renewable and Sustainable Energy Reviews

182

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The concept of the circular economy has gained well-recognition across the world for the past decades. With the heightening risk of the impact of climate change, resource scarcity to meet the increasing world population, the need to transition to a more sustainable development model is urgent. The circular economy is often cited as one of the best solutions to support sustainable development. However, the diffusion of this concept in the industrial arena is still relatively slow, particularly in the developing country, which collectively exerts high potential to be the world's largest economies and workforce. It is crucial to make sure that the development of these nations is sustainable and not bearing on the cost of future generation. Thus, this work aims to provide a comprehensive review of the circular economy concept in developing country context. Furthermore, a novel model is proposed by adopting Fuzzy Analytics Network Process (FANP) to quantify the priority weights of the sustainability indicators to provide guidelines for the industry stakeholders at different stages of industry cycle to transition toward the circular economy. The results revealed that improvement in economic performance and public acceptance are the key triggers to encourage stakeholders for sustainable development. The outcomes serve as a reference to enhance the overall decision-making process of industry stakeholders. Local authorities can adopt the recommendations to design policy and incentive that encourage the adoption of circular economy in real industry operation to spur up economic development, without neglecting environmental well-being and jeopardizing social benefits.

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Section: Pioneering and Emerging Stagementioning

confidence: 99%

Prioritization of sustainability indicators for promoting the circular economy: The case of developing countries

Ngan

How

Teng

et al. 2019

Renewable and Sustainable Energy Reviews

182

View full text Add to dashboard Cite

show abstract

“…First, it helps them to overcome limitations of their internal resources and capabilities. By sourcing technology externally, firms can overcome internal knowledge deficiencies and resolve problems of insufficient internal resources and capabilities (Lowe and Taylor 1998;Veugelers and Cassiman 1999;Park and Kang 2010;Du, Wu, Lu, and Yu 2013). It also allows firms to acquire industry standard technologies and complements for existing products, and to unlock existing technology and innovations (Lowe and Crawford 1984), and thus helps firms catch up with competitive moves or fill market gaps (Lowe and Taylor 1998).…”

Section: Introductionmentioning

confidence: 99%

External technology acquisition: a double-edged sword

Kang

2015

Asian Journal of Technology Innovation

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Firms are known to actively utilise external technology acquisition to update and extend their technological knowledge base. Although external technology acquisition has various advantages, it should be considered as a double-edged sword as it also has some inherent negative aspects. This study examines the role of external technology acquisition to investigate whether external technology acquisition is complementary or substitutive to internal R&D activities in creating innovation. The results show that external technology acquisition has an inverted U-shaped relationship with subsequent technology innovation performance, and that is not complementary to internal R&D activities. We thus confirm that external technology acquisition has to be seen as a double-edged sword and that managers need to be aware of the potentially negative effects of strong diversity of the firm's external technology acquisition sources on internal R&D and subsequent innovation performance.

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“…Firm age measures the number of years from the year when the first revenue is realized until 2006. Park and Kang () empirically tested the existence of interaction effects between the difference of entry timing and alliance formation. This is also included in the control variables.…”

Section: Methodsmentioning

confidence: 99%

“…Many researchers have also investigated the advantages of technology alliances, which are well known to practitioners. Technology alliance helps firms strengthen their competitiveness by enhancing market power (Kogut, ), accessing external resources and capabilities (Rothaermel & Boeker, ), and entering new markets (Garcia‐Canal et al., ; Park & Kang, ). Consequently, alliance strategy is highlighted as a frequently used firm strategy by managers during the last two centuries (Hagedoorn, ).…”

Section: Theoretical Background and Hypothesesmentioning

confidence: 99%

Alliance Addiction: Do Alliances Create Real Benefits?

Park¹,

Kang²

2013

Creat Innov Manage

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Although their advantages are well known, technology alliances may not always positively affect innovative performance. Previous studies have found several explanations for this problem. Technology alliances often require excessive resources and capabilities to create and maintain relationships with partners. In addition, they divert managerial attention and functions from internal research and development (R&D) activities. In this study, we hypothesize that firms often execute inefficient technology alliance strategies, thus affecting their innovative capabilities negatively and consequently reducing their subsequent innovation performance. Specifically, we test whether firms with greater prior experience in technology alliance are more likely to execute inefficient technology alliance strategies. Second, we attempt to investigate the negative effects of technology alliances on firms' internal R&D capabilities. To test our hypotheses, we employ data from 1,036 technology alliances in the US nanobiotechnology sector. Implications from the analyses are offered for executives and technology alliance strategies. Specifically, we propose that firms should adopt technology alliance but with due consideration of its negative aspects and the firms' limited resources.

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Entry conditions, firm strategies and their relationships to the innovation performance of an emerging green industry: The case of the solar cell industry

Cited by 12 publications

References 52 publications

Prioritization of sustainability indicators for promoting the circular economy: The case of developing countries

Prioritization of sustainability indicators for promoting the circular economy: The case of developing countries

External technology acquisition: a double-edged sword

Alliance Addiction: Do Alliances Create Real Benefits?

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