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The Role of Knowledge Clusters in R&D Acquisition and Innovation Success

In: Determinants of Innovative Behaviour

Author

Listed:
  • Torsten Brodt
  • Sebastian Knoll

Abstract

The information and telecommunication (ICT) industry as well as the media industry are fertile parents to a plethora of electronic (‘e’) and mobile (‘m’) products and applications (Sorenson et al., 2002, Brodt and Heitmann 2004). A common denominator of these industries is that they are based on fast-paced and converging technology development. Winners in the market are in most cases also technology leaders or capable of turning a base technology into a superior product meeting customer needs. While access to technology and market know-how becomes increasingly important to succeed in the competition, size, history and equity become less and less critical requirements. On the one hand this allows e-and m-start-ups to realize tremendous growth rates and on the other hand it spurs the quest for external knowledge sourcing both at established players and start-ups.

Suggested Citation

  • Torsten Brodt & Sebastian Knoll, 2008. "The Role of Knowledge Clusters in R&D Acquisition and Innovation Success," Palgrave Macmillan Books, in: Cees Beers & Alfred Kleinknecht & Roland Ortt & Robert Verburg (ed.), Determinants of Innovative Behaviour, chapter 7, pages 151-168, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-28573-6_7
    DOI: 10.1057/9780230285736_7
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