Innovation diffusion, licensing and corporate entrepreneurship - a conceptual review

Abstract

Abstract:The diffusion process of technology and innovation has become increasingly complex. In times of great technological leaps of emerging economies, diffusion mechanisms have changed. To cope with this change, this article reviews technology diffusion and patent licensing literature to develop robust theory that allows providing future research directions. Based on the analysis of scholarly work published in top-tier peer-reviewed management journals between 1960 and 2013, the authors find that research strongly lacks the analysis of intra-firm diffusion mechanisms. In this context, the role of corporate entrepreneurship is unclear and the density-dependent growth model, the information cascade model and game theory approaches hardly received attention. The authors build innovation diffusion theory and provide a conceptual overview as a stimulus for future research covering intra-firm and inter-firm diffusion, licensing as a specifically important diffusion mechanism and the role of corporate entrepreneurship in established companies.

Influence Of Strategy Implementation On The Performance Of Maritime Cluster Firms In Kenya

“…Overtime, the coastal strip plays an important role as an entry port into Eastern and Central Africa and other hinterland countries like DRC. These therefore, point to the intra firm as well as extra firm collaborations supported by innovation as stated in the investigations carried out on cross border development of maritime cluster, which identified competitiveness within similar systems presenting profitability of technology adaption for firms' better performance (Schuster & Rueck, 2017). According to Kenya Maritime Authority (2015), there are other numbers of blue economy related resources which have not been fully exploited in both the territorial waters of the Indian ocean and within the inland water bodies; for example, aquatic resources within EEZ areas that have the potential towards contributing to blue economy, but have reported revenue losses below target of 340,866 metric tonnes worth Kshs 88 billion and only 9,134 metric tonnes worth Kshs 2.4 billion were harvested in coastal fishing production.…”