The dynamics of technological innovation: The case of the chemical industry

Exploration and exploitation innovation processes: The role of organizational slack in R & D intensive firms

“…While some innovations have a narrow range of potential applications, others stimulate waves of new ideas and additional innovations (Dosi, 1988;Podolny & Stuart, 1995;Sahal, 1985). The extent to which a firm's innovations resonate with other researchers is an important indicator of its ability to generate influential ideas (Achilladelis, Schwarzkopf, & Cines, 1990;DeCarolis & Deeds, 199) and the greater the resonance of a firm's innovations the more economic value accrues to the firm (Deng et al, 2001;Hall et al, 2005). Innovation resonance can be reflected in the citation intensity of a firm's patents because highly cited patents 4 are considered more useful, of higher quality, and more likely to produce economic value for the inventing firm (Ahuja & Lampert, 2001;DeCarolis & Deeds, 1999;Lanjouw & Schankerman, 2004;Rosenkopf & Nerkar, 2001).…”

Drivers to firm innovation and their effects on performance: an international comparison

“…Now, research made recourse to resource and capacity theory to explain firm innovation capacities with new products, processes and patents the main indicators studied to portray the innovation capacities existing. Researchers conceived of innovation as a process involving the entire organisation while simultaneously conditioning organisational behaviour (Kline, 1985;Roy, 1985;Abernathy & Clark, 1985;Holt & Schoorl, 1985;Barras, 1986;Zuscovitch, 1986;During, 1986;Chakrabarti & Souder, 1987;Acs, and Audrecht 1988;Nelson & Winter, 1982;Achilladelis et al, 1990;Teece, 1991;Wakelin, 1998). Studying the organisational variables conditioning innovation opens up a very important insight into understanding firm innovation capacities (Archibugi, 1988;Román et al, 2011).…”

A New Era of Flexibility? Some Evidence and Problems from the Petrochemicals Industry

“…Although these are at present in their infancy, it is acknowledged that the trend is important for the industry and will become stronger (Achilladelis et al, 1990;European Chemical News 1989a;Heaton, 1986). Such developments, however, appear not to be technology-led, as the basis for flexibility through control mechanisms has existed for over fifty years (Hirschorn, 1984).…”

“…First, in the early 1980s, companies savagely rationalised their bulk production in order to concentrate on a few products where they could maintain some dominance (Fayad and Motamen, 1986). In some cases they expanded globally in their chosen product areas (Achilladelis et al, 1990). BP Chemicals, for example, shed its PVC production and proceeded to concentrate on polyethylene through the acquisition of capacity from ICI, Monsanto, Rhone-Poulenc, and Union Carbide (Fayad and Motamen, 1986).…”