Technology, Knowledge and the Firm

Technology, Knowledge and the Firm

Implications for Strategy and Industrial Change

Edited by Ken Green, Marcela Miozzo and Paul Dewick

There is a long-standing tradition of research that highlights the importance of differences in the organizational and technological capabilities of firms and their effect on economic performance. This book expands on this theme by exploring the role of knowledge and innovation in firm strategy and industrial change. Underlying the volume is the belief that firms have distinctive methods of operation and that these processes have a strong element of continuity.

Chapter 9: Commercialization of Corporate Science and the Production of Research Articles

Robert J. W. Tijssen

Subjects: business and management, knowledge management, organisational innovation, innovation and technology, innovation policy, knowledge management, organisational innovation

Extract

Robert J. W. Tijssen1 1. INTRODUCTION This chapter is framed in the resource-based view of the firm. Among the many resource-related factors that influence a firm’s organizational competitive advantages and business performance is its ability to innovate, to improve existing processes and products, and to produce new goods and services for the marketplace (Barney, 1991). The realization of the firm’s primary role as a knowledge creator, as well as knowledge applicator, has led to knowledge-based theories of the firm (Grant, 1995), where R&Dintensive technology companies generate, accumulate and apply scientific and technical knowledge to produce incremental or breakthrough technological innovations. The intricate relationship between investments in scientific research, technological development, tacit knowledge resources, and technological innovations are generally recognized to be an important driver of competitive advantage of technology firms. There is empirical evidence that a firm’s R&D efforts may directly improve its ability to innovate (Griliches, 1979), and indirectly help the firm to absorb outside knowledge (Cohen and Levinthal, 1990), both of which have a profound impact on the firm’s productivity (Hall, 1996). The research base is acknowledged to be a critical element of a firm’s innovation capability through the (semi-)open and continuous interaction that takes place with external information sources, such as universities and other public research institutions. Empirical studies have shown that many corporate technical inventions and related innovations depend upon scientific progress (Beise and Stahl, 1999; Mansfield, 1991; Tijssen, 2002). Traditionally, the creation of scientific knowledge...

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