Effect of science in the relation between firms' technological diversification and innovation performance
Abstract
Several studies have analyzed the relationship between the firms’ technological diversification and the innovation performance outcomes. We use information coming from patents portfolio of a sample of firms that operate in a nanotechnology sector and analyze the effect, in this relationship, of the use of scientific knowledge in the development of patented inventions. We find, firstly, that the trend of the quality of innovation with the technological diversification of a firm appears similar to a Gaussian with positive asymmetry. Secondly, we find that with the increase in the percentage of the used science by year, in one side, firms appear to obtain the maximum impact of the innovation, in average, with a less technological diversification in the patent’s portfolio and, in the other side, innovations with more impact are obtained in average.
References
[2]. Corradini, C. and De Propris, L. (2017). Beyond local search: Bridging platforms and inter-sectoral technological integration. Research Policy, 46, pp. 196-206.
[3]. Donato, A., Appio, F. P., Baglieri, D., Cesaroni, F. (2019). Where do radical innovations come from? The case of nanotech. R&D Management Conference 2019, Ecole Polytecnique, Paris, France.
[4]. Ghosh, A., Martin, X., Pennings, J. M. and Wezel, F. C. (2009). Recombination Experience: A Study of Organizational Learning and Its Innovation Impact. SMS 29th Annual Conference Submission.
[5]. Kim, J., Lee, C.-Y. and Cho, Y. (2016). Technological diversification, core-technology competence, and firm growth. Research Policy, 45, pp. 113-124.
[6]. Kim, H., Lim, H. and Park, Y. (2009). How should firms carry out technological diversification to improve their performance? An analysis of patenting of Korean firms. Economics of Innovation and New Technology, 18, pp. 757-770.
[7]. Lee, W.-L., Chiang, J.-C., Wu, Y.-H. and Liu, C.-H. (2012). How knowledge exploration distance influences the quality of innovation. Total Quality Management & Business Excellence, 23, pp. 1045-1059.
[8]. Leten, B., Belderbos, R. and Van Looy, B. (2007). Technological diversification, coherence, and performance of firms. Journal of Product Innovation Management, 24, pp. 567-579.
[9]. Lin, B.-W. and Chen, J.-S. (2005). Corporate technology portfolios and R&D performance measures: A study of technology intensive firms. R&D Management, 35, pp. 157-170.
[10]. Mariani, M. (2004). What determines technological hits? Research Policy, 33, pp. 1565-1582.
The Copyright Transfer Form to ASERS Publishing (The Publisher)
This form refers to the manuscript, which an author(s) was accepted for publication and was signed by all the authors.
The undersigned Author(s) of the above-mentioned Paper here transfer any and all copyright-rights in and to The Paper to The Publisher. The Author(s) warrants that The Paper is based on their original work and that the undersigned has the power and authority to make and execute this assignment. It is the author's responsibility to obtain written permission to quote material that has been previously published in any form. The Publisher recognizes the retained rights noted below and grants to the above authors and employers for whom the work performed royalty-free permission to reuse their materials below. Authors may reuse all or portions of the above Paper in other works, excepting the publication of the paper in the same form. Authors may reproduce or authorize others to reproduce the above Paper for the Author's personal use or for internal company use, provided that the source and The Publisher copyright notice are mentioned, that the copies are not used in any way that implies The Publisher endorsement of a product or service of an employer, and that the copies are not offered for sale as such. Authors are permitted to grant third party requests for reprinting, republishing or other types of reuse. The Authors may make limited distribution of all or portions of the above Paper prior to publication if they inform The Publisher of the nature and extent of such limited distribution prior there to. Authors retain all proprietary rights in any process, procedure, or article of manufacture described in The Paper. This agreement becomes null and void if and only if the above paper is not accepted and published by The Publisher, or is with drawn by the author(s) before acceptance by the Publisher.