1,721,012 research outputs found
Sectoral Systems of Innovation
No full textThe Oxford Handbook of Innovation Management offers a comprehensive and timely analysis of the nature and importance of innovation and the strategies and practices that can be used to improve organizational benefits from innovation. Innovation is centrally important for business and national competitiveness, and for the quality and standard of living around the world, but it does not happen by itself. For innovation to succeed, it needs to be properly managed. With contributions from 49 world-leading scholars, the Handbook explores the many sources of innovation, the broader social, economic, and technological contexts that encourage and constrain it, and the cutting-edge strategies and practices of innovation managemen
Bridging knolwedge resources: the location choices of spinouts
No full textThis study develops a framework that links a typology of spinouts with distinct product/market strategies and the characteristics of localization economies to study location choice. Specifically, we examine focal spinouts and user- industry spinouts entry into generic and market-specific product categories, and localization economies related to the focal industry and to downstream user-industries. We test our hypotheses on a sample of 413 spinouts in the U.S. semiconductor industry from 1997 to 2007. Our findings show that focal spinouts make different location choices than user-industry spinouts and that such choices are mediated by product strategy at entry. Our results contribute to the literatures on location choice and strategic entrepreneurship
Linking vertically related industries: entry by employee spinouts across industry boundaries
No full textThis article examines vertical spinouts, defined as new and independent ventures founded by the exemployees
of established firms in either an upstream or a downstream industry. These spinouts represent
a type of organizational structure through which knowledge is shared and transferred between
vertically related industries. We propose that a key determinant of both their formation and their successful
performance is the contextual knowledge that they inherit from their pre-entry experience in a
vertically related industry. We examine spinout entry and performance in three vertically related
industries over a 10-year period: semiconductors, telecommunications equipment, and telecommunications
networks/connectivity. Our results show that vertical spinouts constitute a significant share of
startups in these related industries and that they are more likely to survive than other de novo
entrants. We discuss the implications of our findings for the literatures on entrepreneurship and industry
dynamics
Linking vertically related industries: entry by spinouts across industry boundaries
No full textThis article examines vertical spinouts, defined as new independent ventures that enter a focal industry after spinning-out from an established firm in either an upstream or a downstream industry. These spinouts represent a type of organizational structure through which knowledge is shared and transferred between vertically related industries. We propose that a key determinant of both their formation and their successful performance is the contextual knowledge that they inherit from their pre-entry experience in a vertically related industry. We examine spinout entry and performance in three vertically related industries over a ten-year period: semiconductors, telecommunication equipment, telecommunications networks/conectivity . Our results show that vertical spinouts constitute a significant share of new and independent ventures in these related industries and that they are more likely to survive than other new startups. We discuss the implications of our findings for the literatures on entrepreneurship and industry dynamic
User-industry spinouts: downstream industry knowledge as a source of new firm entry and survival
No full textRecent scholarship on entrepreneurship suggests that the pre-entry know-how and experience of new entrants, embodied in their founders, affects not only their entry strategy, but also their long term performance and ability to survive. While prior work in this area focuses on entrants from the focal industry (i.e. employee spinouts) and from academic organizations (i.e. university spinoffs), this study extends existing research by examining a distinct category of new entrant from downstream industry contexts. We call this category ‘user spinouts’. We draw from a broad literature on evolutionary theory, user innovation and entrepreneurship to generate predictions concerning the entry strategies and survival rates of user spinouts with respect to other start-ups. We test our predictions within the context of a high-technology industry, semiconductors, over a ten-year period (1997-2007). We find support for our hypotheses that ‘user spinouts’ are more likely both to enter and to survive in application-specific product categories than other start-ups. We discuss the implications of our results for the theoretical and empirical literature on entr
The Long-Term Evolution of the Knowledge Boundaries of Firms: Supply and Demand Perspectives
No full textThis paper argues that, over the past decades, the boundaries of innovation, production and commercialization in terms of the content and the sources of knowledge for innovation have greatly expanded, often to reach beyond the legal boundaries of firms or the conventional definition of industries. The division between manufacturing activities and innovative labor has also increased. However, the governance of the knowledge that is relevant for innovation has remained in the hands of a relatively small number of firms within industries, or in a few areas within firms. These actors may indeed decide how and where that knowledge is used. As a consequence, the boundaries in terms of the governance of knowledge have remained much tighter than the boundaries in terms of the exchange of that knowledge. In addition, although important changes have occurred in terms of industry and firm boundaries, they do not represent a radical change from the past. Rather they are a gradual transformation of the industrial system due to co-evolutionary processes involving knowledge, technology, production and demand
Related yet diverging sectoral systems: telecommunications equipment and semiconductors in China
No full textThis study examines the histories of the telecommunications equipment and semiconductor industries in China from 1978¬–2012 to show that multiple factors determined their divergent trajectories from a similar starting point. We argue that these divergent trajectories are best understood using the sectoral systems framework based on three major building blocks: knowledge and technology, actors and networks, and institutions. More specifically, this article shows how, despite the fact that these two industries are highly inter-related, in one case the system worked to foster global competitiveness, while in the other case the system inhibited the formation of an innovative industry. This research contributes to the literature on industrial dynamics and innovation systems
Strategic orientation, innovation performance and the moderating influence of marketing management
No full textThe rise to market leadership: new leading firms from emerging countries
No full textNo abstract availabl
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