Please use this identifier to cite or link to this item: 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
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