Firm’s strategic choices and network knowledge dynamics: how do they affect innovation?

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dc.contributor.authorBelso Martínez, José Antonio
dc.contributor.authorDíez Vial, Isabel
dc.date.accessioned2023-06-17T12:30:30Z
dc.date.available2023-06-17T12:30:30Z
dc.date.issued2018
dc.description.abstractPurpose – This paper aims to explain how the evolution of knowledge networks and firms’ strategic choices affect innovation. Endogenous factors associated with a path-dependent evolution of the knowledge network are jointly considered with a firm’s development of international relationships and increasing internal absorptive capacity over time. Design/methodology/approach – In a biotech cluster, the authors gathered data on the firms’ characteristics and network relationships by asking about the technological knowledge they received in the cluster in 2007 and 2012 – “roster-recall” method. Estimation results were obtained using moderated regression analysis. Findings – Firms that increase their involvement in knowledge networks over time also tend to increase their innovative capacity. However, efforts devoted to building international links or absorptive capacity negatively moderate the impact of network growth on innovation. Practical implications – Practitioners have two alternative ways of increasing innovation inside knowledge networks: they can increase their centrality by developing their knowledge network interactions or invest in developing their internal absorptive capacity and new international sources of knowledge. Investing in both of these simultaneously does not seem to improve a firm’s innovative capacity. Originality/value – Coupling firms’ strategic options with knowledge network dynamics provide a more complete way of explaining how firms can improve their innovative capacity.
dc.description.departmentDepto. de Organización de Empresas
dc.description.facultyFac. de Ciencias Económicas y Empresariales
dc.description.refereedTRUE
dc.description.statuspub
dc.eprint.idhttps://eprints.ucm.es/id/eprint/60629
dc.identifier.doi10.1108/JKM-12-2016-0524
dc.identifier.issn1367-3270
dc.identifier.officialurlhttps://doi.org/10.1108/JKM-12-2016-0524
dc.identifier.urihttps://hdl.handle.net/20.500.14352/12332
dc.issue.number1
dc.journal.titleJournal of Knowledge Management
dc.language.isoeng
dc.page.final20
dc.page.initial1
dc.publisherEmerald
dc.rights.accessRightsopen access
dc.subject.keywordInnovation
dc.subject.keywordNetwork analysis
dc.subject.keywordKnowledge management
dc.subject.keywordAgglomeration
dc.subject.ucmEmpresas
dc.subject.ucmMarketing
dc.subject.unesco5311 Organización y Dirección de Empresas
dc.subject.unesco5311.05 Marketing (Comercialización)
dc.titleFirm’s strategic choices and network knowledge dynamics: how do they affect innovation?
dc.typejournal article
dc.volume.number22
dspace.entity.typePublication
relation.isAuthorOfPublicationf6459d3d-1f5b-4c8d-9190-a38ce6430127
relation.isAuthorOfPublication.latestForDiscoveryf6459d3d-1f5b-4c8d-9190-a38ce6430127
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