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http://hdl.handle.net/10553/42593
Title: | The effect of technological knowledge assets on performance: the innovative choice in Spanish firms | Authors: | Díaz-Díaz, Nieves Lidia Aguiar-Díaz, Inmaculada De Saá-Pérez, Petra |
UNESCO Clasification: | 5311 Organización y dirección de empresas | Keywords: | Empresas Innovaciones tecnológicas |
Issue Date: | 2008 | Publisher: | 0048-7333 | Journal: | Research Policy | Abstract: | The aim of this article is to examine the relationship between Technological Knowledge Assets (TKAs) and performance, in the light of making the 'innovative choice' that involves short-term costs of acquiring or generating the assets but aims at longer term benefits through innovation. To that end, a study of 1267 industrial firms in Spain was carried out over a period of 5 years, 1998-2002. The results show that TKAs have a positive indirect effect on financial performance mediated through innovation. They also reveal that TKAs have a negative direct effect on performance, except licences. Thus, the combined effect of TKAs on performance urges the need for innovation to obtain a positive payoff. | URI: | http://hdl.handle.net/10553/42593 | ISSN: | 0048-7333 | DOI: | 10.1016/j.respol.2008.06.002 | Source: | Research Policy[ISSN 0048-7333],v. 37, p. 1515-1529 |
Appears in Collections: | Artículos |
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