TY - JOUR
T1 - The effects of bundled knowledge stocks on innovative success
AU - Tzabbar, Daniel
AU - Aharonson, Barak S.
AU - Amburgey, Terry L.
AU - Al-Laham, Andreas
PY - 2008
Y1 - 2008
N2 - As firms engage in building different R&D capabilities, they confront a crucial question: What configuration of knowledge stocks is most likely to increase innovative success? We argue that the impact of one knowledge stock may depend not just on its level but also the level of other stocks and the interdependencies of firms' existing knowledge stocks might explain performance differences. We measure the effects of three pairwise combinations of knowledge stocks on firm innovative success and find, using an event history analysis of 857 dedicated biotechnology firms during 1973-1999, that two pairs are complementary (i.e., intellectual and human capital; collective and human capital) and one pair is substitutive (i.e., intellectual and collective capital). We therefore suggest a system theory of intra-organizational knowledge: The substitutability and complementarities of multiple knowledge sources moderate their direct relationship with innovative success.
AB - As firms engage in building different R&D capabilities, they confront a crucial question: What configuration of knowledge stocks is most likely to increase innovative success? We argue that the impact of one knowledge stock may depend not just on its level but also the level of other stocks and the interdependencies of firms' existing knowledge stocks might explain performance differences. We measure the effects of three pairwise combinations of knowledge stocks on firm innovative success and find, using an event history analysis of 857 dedicated biotechnology firms during 1973-1999, that two pairs are complementary (i.e., intellectual and human capital; collective and human capital) and one pair is substitutive (i.e., intellectual and collective capital). We therefore suggest a system theory of intra-organizational knowledge: The substitutability and complementarities of multiple knowledge sources moderate their direct relationship with innovative success.
KW - Innovation
KW - Knowledge stocks
KW - Recombinative capabilities
UR - http://www.scopus.com/inward/record.url?scp=77649311131&partnerID=8YFLogxK
U2 - 10.5465/ambpp.2008.33718140
DO - 10.5465/ambpp.2008.33718140
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AN - SCOPUS:77649311131
SN - 0065-0668
JO - Academy of Management Annual Meeting Proceedings
JF - Academy of Management Annual Meeting Proceedings
T2 - 68th Annual Meeting of the Academy of Management, AOM 2008
Y2 - 8 August 2008 through 13 August 2008
ER -
