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Technological capability building through networking strategies within high-tech industries

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Author Info
Duysters, Geert () (UNU-MERIT)
Vanhaverbeke, Wim () (Technical University Eindhoven)
Beerkens, Bonnie () (Technical University Eindhoven)

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Abstract

Learning through networks has been considered as an important research topic for several years now. Technological learning is more and more based on a combination of internal and external learning and firms need to develop both technological and social capital for that purpose. This paper analyses the relationship between both types of capital and their impact on the technological performance of companies in high-tech industries. We claim and find empirical evidence for decreasing marginal returns on social capital. Technological capital and social capital mutually reinforce each other's effect on the rate of innovation for companies with small patent and alliance portfolios. However, when the patent portfolio and network of alliances are extensive, companies risk to over-invest since optimal levels of social capital become smaller at higher levels of technological capital and the marginal benefits of investing in technological capital decreases the higher the levels of social capital. Finally, we find empirical evidence that companies that explore novel and pioneering technologies have higher levels of innovation performance in subsequent years than companies that solely invest in incremental innovations.

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Publisher Info
Paper provided by United Nations University, Maastricht Economic and social Research and training centre on Innovation and Technology in its series UNU-MERIT Working Paper Series with number 018.

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Date of creation: 2007
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Handle: RePEc:dgr:unumer:2007018

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Related research
Keywords: Strategic Alliances; Networks; Innovation;

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Find related papers by JEL classification:
O32 - Economic Development, Technological Change, and Growth - - Technological Change - - - Management of Technological Innovation and R&D
O31 - Economic Development, Technological Change, and Growth - - Technological Change - - - Innovation and Invention: Processes and Incentives

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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    Other versions:
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    Other versions:
  5. Bronwyn H. Hall & Adam B. Jaffe & Manuel Trajtenberg, 2001. "The NBER Patent Citation Data File: Lessons, Insights and Methodological Tools," NBER Working Papers 8498, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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  6. Narin, Francis & Noma, Elliot & Perry, Ross, 1987. "Patents as indicators of corporate technological strength," Research Policy, Elsevier, vol. 16(2-4), pages 143-155, August. [Downloadable!] (restricted)
  7. repec:fth:harver:1473 is not listed on IDEAS
  8. Basberg, Bjorn L., 1987. "Patents and the measurement of technological change: A survey of the literature," Research Policy, Elsevier, vol. 16(2-4), pages 131-141, August. [Downloadable!] (restricted)
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  13. Dosi, Giovanni, 1988. "Sources, Procedures, and Microeconomic Effects of Innovation," Journal of Economic Literature, American Economic Association, vol. 26(3), pages 1120-71, September. [Downloadable!] (restricted)
  14. Ariel Pakes & Zvi Griliches, 1980. "Patents and R and D at the Firm Level: A First Look," NBER Working Papers 0561, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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Cited by:
(explanations, Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.)

  1. Belderbos, René & Carree, Martin & Lokshin, Boris, 2006. "Complementarity in R&D cooperation strategies," Research Memoranda 013, Maastricht : METEOR, Maastricht Research School of Economics of Technology and Organization. [Downloadable!]
    Other versions:
  2. Lim, A., 2002. "Standards Setting Processes in ICT: The Negotiations Approach," ECIS Working Papers 02.19, Eindhoven Centre for Innovation Studies, Eindhoven University of Technology. [Downloadable!]
  3. Aken, van J., 2001. "Improving the relevance of management research By developing tested and grounded technologiCAL RULES," ECIS Working Papers 01.19, Eindhoven Centre for Innovation Studies, Eindhoven University of Technology. [Downloadable!]
  4. B.M. Sadowski. & G.M. Duysters & G.Sadowski-Rasters, 2005. "On the termination of strategic technology alliances: An exploratory study," ECIS Working Papers 05.12, Eindhoven Centre for Innovation Studies, Eindhoven University of Technology. [Downloadable!]
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