Firm R&D Behavior and Evolving Technology in Established Industries

被引：48
作者：
Knott, Anne Marie [1 ]
Posen, Hart E. [2 ]
机构：
[1] Washington Univ, John M Olin Sch Business, St Louis, MO 63130 USA
[2] Univ Michigan, Stephen M Ross Sch Business, Ann Arbor, MI 48109 USA
来源：
ORGANIZATION SCIENCE | 2009年 / 20卷 / 02期
关键词：
technological opportunity; appropriability; R& D; MARKET-STRUCTURE; STRATEGIC RENEWAL; INNOVATION; PRODUCT; GROWTH; DIFFUSION; EVOLUTION; DEMAND; ENTRY; APPROPRIABILITY;
D O I：
10.1287/orsc.1070.0332
中图分类号：
C93 [管理学];
学科分类号：
12 ; 1201 ; 1202 ; 120202 ;
摘要：
One of the key mechanisms of firms' strategic renewal is R&D, and a key driver of the intensity of R&D is industry context. A number of theories develop propositions linking industry factors to firm R&D behavior, but these theories lack consensus. To date, empirical tests have been unable to resolve the competing predictions because of lack of time-varying measures of technology. We create new measures for technology and then conduct a test of the competing theories. Our results indicate that the data best match a model of innovative behavior in which firms invest in R&D principally to regain eroded advantage rather than to pursue the new frontier.
引用
收藏
页码：352 / 367
页数：16
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