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Firms' knowledge-sharing strategies in the global innovation system: empirical evidence from the flat panel display industry (2003)
| Venue: | Strategic Management Journal |
| Citations: | 35 - 1 self |
BibTeX
@ARTICLE{Spencer03firms'knowledge-sharing,
author = {Jennifer W. Spencer},
title = {Firms' knowledge-sharing strategies in the global innovation system: empirical evidence from the flat panel display industry},
journal = {Strategic Management Journal},
year = {2003},
volume = {24},
pages = {217--233}
}
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Abstract
This paper explores the relationship between firms ’ strategies to share knowledge with their innovation system and innovative performance. The empirical analysis showed that many firms designed strategies to share technological knowledge with competitors, and those firms that shared knowledge with their innovation system earned higher innovative performance than firms that did not share knowledge. In addition, firms that interacted with their global innovation system earned higher innovative performance than firms that interacted with only their national innovation system. These results should help managers and researchers understand how to devise technology strategies in globally integrated industries. Copyright © 2003 John Wiley & Sons, Ltd. Conventional wisdom holds that innovating firms that protect their technological knowledge will achieve higher performance than firms that share their knowledge with competitors. Indeed, some researchers have identified a firm’s ability to protect its knowledge from appropriation by rivals as one of the most critical capabilities that it can develop (Liebeskind, 1996, 1997). This paper considers firms ’ knowledge-sharing activities from a different angle by exploring whether, in some circumstances, firms ’ strategies to share knowledge with other innovating firms can associate with higher performance. Researchers have noted that a firm’s ability to successfully commercialize a new product depends not only on its own technology strategy, but also on activities performed by a wide range of organizations in its innovation system (Cohen and
Keyphrases
global innovation system flat panel display industry empirical evidence innovation system knowledge-sharing strategy share knowledge innovative performance firm strategy technology strategy firm ability wide range share technological knowledge integrated industry technological knowledge new product john wiley son empirical analysis different angle national innovation system conventional wisdom critical capability many firm firm knowledge-sharing activity innovating firm
