The effect of technological knowledge assets on performance: The innovative choice in Spanish firms

被引:65
作者
Diaz-Diaz, Nieves Lidia [1 ]
Aguiar-Diaz, Inmaculada [1 ]
De Saa-Perez, Petra [1 ]
机构
[1] Univ Las Palmas Gran Canaria, Edificio Dept CCEE & Empresariales, Las Palmas Gran Canaria 35017, Spain
关键词
Knowledge management; Technological knowledge assets; Innovation; Performance;
D O I
10.1016/j.respol.2008.06.002
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
The aim of this article is to examine the relationship between Technological Knowledge Assets (TKAs) and performance, in the light of making the innovative choice' that involves short-term costs of acquiring or generating the assets but aims at longer term benefits through innovation. To that end, a study of 1267 industrial firms in Spain was carried out over a period of 5 years, 1998-2002. The results show that TKAs have a positive indirect effect on financial performance mediated through innovation. They also reveal that TKAs have a negative direct effect on performance, except licences. Thus, the combined effect of TKAs on performance urges the need for innovation to obtain a positive payoff. (C) 2008 Elsevier B.V. All rights reserved.
引用
收藏
页码:1515 / 1529
页数:15
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