Artikel
How technology-based firms become also highly innovative firms? The role of knowledge, technological and managerial capabilities, and entrepreneurs' background
To what extent is the likelihood that a Technology-Based Firm - TBF - turns into a Technology-Based and Highly Innovative Firm - TB&InnF - is influenced by technical capabilities or managerial capabilities and education background? We analyse this question using a novel data panel assembled for 326 Spanish industrial firms, along the period 1998-2014. Our findings show the probability of becoming a TB&InnF growths when firms are able to accumulate a high endowment of knowledge and technological capabilities, and a managerial team with experience, a strong power position and previous technical or managerial education background. Results also indicate the CEO's educational profile in management is preferable to a pure technical background by facilitating the transformation into a TB&InnF, because it complements better with the firm's knowledge and technological capabilities by facilitating the transformation of a scientific or technological project into a successful entrepreneurial innovation, which creates new value. These findings make a clear distinction between TBF and TB&InnF, put in question the traditional definition of TB&InnF, exclusively focused toward R+D activity, and valorise the importance of a CEO with both a broader vision that combines technologies, products, markets and people, with the ability to sense and seize new opportunities.
- Sprache
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Englisch
- Erschienen in
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Journal: Journal of Innovation & Knowledge (JIK) ; ISSN: 2444-569X ; Volume: 4 ; Year: 2019 ; Issue: 3 ; Pages: 162-170 ; Amsterdam: Elsevier
- Klassifikation
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Management
- Thema
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Entrepreneurial education
Knowledge-based capabilities
Managerial capabilities
Technological capabilities
Technology-Based & Highly Innovative Firm
- Ereignis
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Geistige Schöpfung
- (wer)
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Camisón-Haba, Sergio
Clemente-Almendros, Jose A.
Gonzalez-Cruz, Tomas
- Ereignis
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Veröffentlichung
- (wer)
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Elsevier
- (wo)
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Amsterdam
- (wann)
-
2019
- DOI
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doi:10.1016/j.jik.2018.12.001
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:45 MEZ
Datenpartner
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Objekttyp
- Artikel
Beteiligte
- Camisón-Haba, Sergio
- Clemente-Almendros, Jose A.
- Gonzalez-Cruz, Tomas
- Elsevier
Entstanden
- 2019