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Knowledge virtualization and local connectedness among young globalized high-tech companies

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  • van Geenhuizen, Marina
  • Nijkamp, Peter

Abstract

Smart high-tech companies are characterized by knowledge intensity and open innovation, and even when these companies emerge in spatial clusters or in dense urban places, they may utilize knowledge networks on a global scale. There is, however, not much insight into the factors that shape global knowledge networks, the role of virtualization therein, and the impact of global knowledge sourcing on local connectedness. An attempt is made in this paper to fill these gaps in our understanding, using a selected sample of young high-tech companies in the Netherlands and rough set analysis to identify homogeneous categories in the highly differentiated young high-tech companies segment. The outcomes suggest coexistent use of both mainly local and mainly global knowledge networks in city-regions, and losing local connectedness by some of the globalized companies, particularly those involved in co-creation of products with global customers and those acting as learning partners of global multinational corporations. Factors counteracting the weakening of local connectedness are specific local knowledge relationships with a university or company of origin, and a strategy of developing local/regional customer markets.

Suggested Citation

  • van Geenhuizen, Marina & Nijkamp, Peter, 2012. "Knowledge virtualization and local connectedness among young globalized high-tech companies," Technological Forecasting and Social Change, Elsevier, vol. 79(7), pages 1179-1191.
    • Handle: RePEc:eee:tefoso:v:79:y:2012:i:7:p:1179-1191
    DOI: 10.1016/j.techfore.2012.01.010
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    Cited by:

    1. Marina Van Geenhuizen, 2016. "Capability factors in changing patterns of international knowledge relationships among university spin-off firms in Northwest Europe," ERSA conference papers ersa16p405, European Regional Science Association.
    2. Marina Van Geenhuizen & Pieter Stek, 2015. "Mapping innovation in the global photovoltaic industry: a bibliometric approach to cluster identification and analysis," ERSA conference papers ersa15p697, European Regional Science Association.
    3. Stek, Pieter E. & van Geenhuizen, Marina S., 2016. "The influence of international research interaction on national innovation performance: A bibliometric approach," Technological Forecasting and Social Change, Elsevier, vol. 110(C), pages 61-70.
    4. Marcin Baron, 2021. "Open Innovation Capacity of the Polish Universities," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 12(1), pages 73-95, March.

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