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Knowledge stock, exploration, and innovation: Research on the United States electromedical device industry

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  • Wu, Jianfeng
  • Shanley, Mark T.

Abstract

This study applies the knowledge-based view of the firm to examine the relationships between exploration, characteristics of knowledge stock, and innovative performance. The article argues that the effectiveness of exploration on innovation is contingent upon two dimensions of knowledge stock: knowledge depth and knowledge breadth. Empirical findings from the US electromedical device industry between 1990 and 2000 provide support for this contingency argument.

Suggested Citation

  • Wu, Jianfeng & Shanley, Mark T., 2009. "Knowledge stock, exploration, and innovation: Research on the United States electromedical device industry," Journal of Business Research, Elsevier, vol. 62(4), pages 474-483, April.
  • Handle: RePEc:eee:jbrese:v:62:y:2009:i:4:p:474-483
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Mauro Caminati, 2016. "Knowledge specialization and R&D collaboration," Journal of Evolutionary Economics, Springer, vol. 26(2), pages 247-270, May.
    2. Suominen, Arho & Toivanen, Hannes & Seppänen, Marko, 2017. "Firms' knowledge profiles: Mapping patent data with unsupervised learning," Technological Forecasting and Social Change, Elsevier, vol. 115(C), pages 131-142.
    3. Ruth, Derek & Iyer, Dinesh N. & Sharp, Barton M., 2013. "Motivation and ability in the decision to acquire," Journal of Business Research, Elsevier, vol. 66(11), pages 2287-2293.
    4. repec:eee:tefoso:v:122:y:2017:i:c:p:12-23 is not listed on IDEAS
    5. Elango, B., 2010. "Influence of industry type on the relationship between international operations and risk," Journal of Business Research, Elsevier, vol. 63(3), pages 303-309, March.
    6. Jiménez-Jiménez, Daniel & Sanz-Valle, Raquel, 2011. "Innovation, organizational learning, and performance," Journal of Business Research, Elsevier, vol. 64(4), pages 408-417, April.
    7. Neill, Stern & York, Jonathan L., 2012. "The entrepreneurial perceptions of strategy makers: Constructing an exploratory path in the pursuit of radical growth," Journal of Business Research, Elsevier, vol. 65(7), pages 1003-1009.
    8. Costa, Cláudia & Lages, Luis Filipe & Hortinha, Paula, 2015. "The bright and dark side of CSR in export markets: Its impact on innovation and performance," International Business Review, Elsevier, vol. 24(5), pages 749-757.
    9. Kostopoulos, Konstantinos & Papalexandris, Alexandros & Papachroni, Margarita & Ioannou, George, 2011. "Absorptive capacity, innovation, and financial performance," Journal of Business Research, Elsevier, vol. 64(12), pages 1335-1343.
    10. Roper, Stephen & Hewitt-Dundas, Nola, 2015. "Knowledge stocks, knowledge flows and innovation: Evidence from matched patents and innovation panel data," Research Policy, Elsevier, vol. 44(7), pages 1327-1340.
    11. Hohberger, Jan, 2016. "Diffusion of science-based inventions," Technological Forecasting and Social Change, Elsevier, vol. 104(C), pages 66-77.
    12. repec:spr:amsrev:v:4:y:2014:i:3:d:10.1007_s13162-014-0062-4 is not listed on IDEAS
    13. Boh, Wai Fong & Evaristo, Roberto & Ouderkirk, Andrew, 2014. "Balancing breadth and depth of expertise for innovation: A 3M story," Research Policy, Elsevier, vol. 43(2), pages 349-366.
    14. Czarnitzki, Dirk & Wastyn, Annelies, 2009. "Does professional knowledge management improve innovation performance at the firm level?," ZEW Discussion Papers 09-067, ZEW - Zentrum für Europäische Wirtschaftsforschung / Center for European Economic Research.
    15. Bourke, Jane & Roper, Stephen, 2016. "AMT adoption and innovation: An investigation of dynamic and complementary effects," Technovation, Elsevier, vol. 55, pages 42-55.

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