Technological diversification, core-technology competence, and firm growth

被引：138

作者：

Kim, Jungho ^{[1
]}

Lee, Chang-Yang ^{[2
]}

Cho, Yunok ^{[3
]}

机构：

[1] Sunchon Natl Univ, Coll Social Sci, Dept Business Adm, Sunchon 540950, Jeonnam, South Korea

[2] Korea Adv Inst Sci & Technol, KAIST Business Sch, Seoul 130722, South Korea

[3] Renmin Univ China, Renmin Business Sch, Beijing 100872, Peoples R China

来源：

RESEARCH POLICY | 2016年 / 45卷 / 01期

关键词：

Technological diversification; Core-technology competence; Firm growth; Architectural competence; RESEARCH-AND-DEVELOPMENT; RESOURCE-BASED APPROACH; EMPIRICAL-ANALYSIS; CORPORATE DIVERSIFICATION; ABSORPTIVE-CAPACITY; ENTROPY MEASURE; PERFORMANCE; INNOVATION; KNOWLEDGE; DIVERSITY;

D O I：

10.1016/j.respol.2015.07.005

中图分类号：

C93 [管理学];

学科分类号：

12 ; 1201 ; 1202 ; 120202 ;

摘要：

This paper investigates, using a unique panel dataset of Korean manufacturing firms, the relationship between technological diversification and firm growth and the conditioning role of firm-specific core-technology competence in the relationship. First, the relationship is inverted U-shaped regardless of the type of technological diversification, implying that both insufficient and excessive technological diversifications are harmful for firm growth. Second, the level of competence in the field of core technology conditions the relationship by attenuating the harmful effect of excessive technological diversification. Furthermore, in case of unrelated technological diversification, the inverted U-shaped relationship weakens substantially for firms with high core-technology competence. These results suggest that sufficient core-technology competence is needed for firms to effectively manage and utilize technological diversification, particularly unrelated one, for their growth. (C) 2015 Elsevier B.V. All rights reserved.

引用

页码：113 / 124

页数：12

共 50 条

[21] Technological Competence and International Diversification The Role of Managerial Incentives
Tihanyi, Laszlo
Hoskisson, Robert E.
Johnson, Richard A.
Wan, William P.
MANAGEMENT INTERNATIONAL REVIEW, 2009, 49 (04) : 409 - 431
[22] Discussion on technological innovation and core competence
Fu, Qiang
Fang, Yong
Chongqing Jianzhu Daxue Xuebao/Journal of Chongqing Jianzhu University, 2001, 23 (06):
[23] The research on the pattern of combining core competence and diversification
Sun, W
Jiang, B
Wei, G
PROCEEDINGS OF THE 2001 INTERNATIONAL CONFERENCE ON MANAGEMENT SCIENCE AND ENGINEERING, VOLS I AND II, 2001, : 843 - 846
[24] Technological diversification and assimilation of spillover technology: Canon's scenario for sustainable growth
Watanabe, C
Matsumoto, K
Hur, JY
TECHNOLOGICAL FORECASTING AND SOCIAL CHANGE, 2004, 71 (09) : 941 - 959
[25] Technological diversification and assimilation of spillover technology: Canon's scenario for sustainable growth
Dept. of Industrial Eng./Management, Tokyo Institute of Technology, 2-12-10 Ookayama, Meguro, Tokyo 152-8522, Japan
不详
1600, 941-959 (November 2004):
[26] Dynamics of learning and firm's core competence
Wu, XB
PROCEEDINGS OF THE SECOND INTERNATIONAL SYMPOSIUM ON MANAGEMENT OF TECHNOLOGY, 1998, : 42 - 47
[27] Potentials & nature of firm's core competence
Jiang, W
PROCEEDINGS OF THE SECOND INTERNATIONAL SYMPOSIUM ON MANAGEMENT OF TECHNOLOGY, 1998, : 101 - 107
[28] Technology foresight as a core competence
Liu, QH
Wu, XB
MANAGEMENT OF TECHNOLOGY AND INNOVATION IN THE 21ST CENTURY, PROCEEDINGS, 2002, : 394 - 397
[29] Processes of firm growth and diversification: theory and evidence
Coad, Alex
Guenther, Christina
SMALL BUSINESS ECONOMICS, 2014, 43 (04) : 857 - 871
[30] Processes of firm growth and diversification: theory and evidence
Alex Coad
Christina Guenther
Small Business Economics, 2014, 43 : 857 - 871

← 1 2 3 4 5 →