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Corporate Technological Competence and the Evolution of Technological Diversification

Author

Listed:
  • Felicia M. Fai

Abstract

Drawing upon evolutionary economics and resource-based approaches, the author utilises US patent data from 1930–1990 to examine the persistence of corporate technological competencies and their gradual erosion through diversifying incremental change. The book explores the changing nature of this diversification with respect to firm size, technological relatedness and technological complexity in 32 firms distributed across four broadly defined industrial sectors.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Felicia M. Fai, 2003. "Corporate Technological Competence and the Evolution of Technological Diversification," Books, Edward Elgar Publishing, number 2065.
    • Handle: RePEc:elg:eebook:2065
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    File URL: https://www.elgaronline.com/view/book/9781035304233/9781035304233.xml
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    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
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    Cited by:

    1. Lamberti, Lucio & Lettieri, Emanuele, 2011. "Gaining legitimacy in converging industries: Evidence from the emerging market of functional food," European Management Journal, Elsevier, vol. 29(6), pages 462-475.
    2. Garcia-Vega, Maria, 2006. "Does technological diversification promote innovation?: An empirical analysis for European firms," Research Policy, Elsevier, vol. 35(2), pages 230-246, March.
    3. Martin Woerter, 2009. "Technology diversification, product innovations, and technology transfer," KOF Working papers 09-221, KOF Swiss Economic Institute, ETH Zurich.
    4. Pan, Xin & Chen, Xuanjin & Li, Xibao, 2019. "To fit in or stand out? How optimal distinctiveness in technological diversification affects firm performance," European Management Journal, Elsevier, vol. 37(1), pages 67-77.
    5. Ksenia Onufrey & Anna Bergek, 2015. "Self-reinforcing Mechanisms in a Multi-technology Industry: Understanding Sustained Technological Variety in a Context of Path Dependency," Industry and Innovation, Taylor & Francis Journals, vol. 22(6), pages 523-551, August.
    6. Nikulainen, Tuomo & Pajarinen, Mika & Palmberg, Christopher, 2005. "Patents and Technological Change - A Review with Focus on the FEPOCI Database," Discussion Papers 984, The Research Institute of the Finnish Economy.
    7. Sandro Mendonca, 2006. "The Revolution Within: Ict And The Shifting Knowledge Base Of The World'S Largest Companies," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 15(8), pages 777-799.
    8. Antonelli, Cristiano & Calderini, Mario, 2004. "Knowledge Complexity and the Evolution of the Automotive Industry in Europe," Department of Economics and Statistics Cognetti de Martiis LEI & BRICK - Laboratory of Economics of Innovation "Franco Momigliano", Bureau of Research in Innovation, Complexity and Knowledge, Collegio 200406, University of Turin.
    9. Nesta, Lionel, 2008. "Knowledge and productivity in the world's largest manufacturing corporations," Journal of Economic Behavior & Organization, Elsevier, vol. 67(3-4), pages 886-902, September.
    10. Stefano Brusoni & Paola Criscuolo & Aldo Geuna, 2005. "The knowledge bases of the world's largest pharmaceutical groups: what do patent citations to non-patent literature reveal?," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 14(5), pages 395-415.
    11. Carlo Corradini & Pelin Demirel & Giuliana Battisti, 2016. "Technological diversification within UK’s small serial innovators," Small Business Economics, Springer, vol. 47(1), pages 163-177, June.
    12. C. Antonelli & M. Calderini, 2008. "The Governance Of Knowledge Compositeness And Technological Performance: The Case Of The Automotive Industry In Europe," Economics of Innovation and New Technology, Taylor & Francis Journals, vol. 17(1-2), pages 23-41.
    13. Lionel Nesta, 2005. "Knowledge and Productivity in the World's Largest Manufacturing Corporations Level:Panel Data analysis on Compustat and Patent data," Documents de Travail de l'OFCE 2005-17, Observatoire Francais des Conjonctures Economiques (OFCE).
    14. repec:hal:wpspec:info:hdl:2441/7187 is not listed on IDEAS
    15. Lee, Hyunmin, 2023. "Strategic similarity in the co-evolution of technological and business diversification for firm growth: Evidence from smart-manufacturing related firms," Technological Forecasting and Social Change, Elsevier, vol. 189(C).
    16. repec:spo:wpecon:info:hdl:2441/7187 is not listed on IDEAS
    17. repec:hal:spmain:info:hdl:2441/7187 is not listed on IDEAS
    18. Mendona, Sandro, 2009. "Brave old world: Accounting for 'high-tech' knowledge in 'low-tech' industries," Research Policy, Elsevier, vol. 38(3), pages 470-482, April.
    19. Lavarello, Pablo José, 2016. "Corporate knowledge diversification in the face of technological complexity: The case of industrial biotech," Structural Change and Economic Dynamics, Elsevier, vol. 38(C), pages 95-105.

    Book Chapters

    The following chapters of this book are listed in IDEAS

    More about this item

    Keywords

    Economics and Finance; Innovations and Technology;

    JEL classification:

    • B52 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Historical; Institutional; Evolutionary; Modern Monetary Theory;

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