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Technology Strategy and Knowledge Dynamics: The Case of Biotech¹

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  • Lionel Nesta
  • Ludovic Dibiaggio

Abstract

This study starts with the lack of clarity revealed in the literature so far as to whether technology is a source of differentiation between firms. The use of patent data allows the evolution of the technological profiles of 99 firms active in biotechnology-related applications to be traced. It is tested whether firms converge or diverge in terms both of their technology portfolios and of the way in which they combine their sets of technologies. It is found that the sources of technological heterogeneity between firms change over time, even when controlling for inter-sectoral differences (as in such sectors as pharmaceuticals, food processing, or chemicals). In brief, firms rely on an increasingly similar scientific corpus, the exploitation of which is gradually becoming firm specific.

Suggested Citation

  • Lionel Nesta & Ludovic Dibiaggio, 2003. "Technology Strategy and Knowledge Dynamics: The Case of Biotech¹," Industry and Innovation, Taylor & Francis Journals, vol. 10(3), pages 331-349.
  • Handle: RePEc:taf:indinn:v:10:y:2003:i:3:p:331-349
    DOI: 10.1080/1366271032000141670
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    Citations

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    Cited by:

    1. D'Este, Pablo, 2005. "How do firms' knowledge bases affect intra-industry heterogeneity?: An analysis of the Spanish pharmaceutical industry," Research Policy, Elsevier, vol. 34(1), pages 33-45, February.
    2. Jackie Krafft & Francesco Quatraro & Pier Paolo Saviotti, 2014. "The Dynamics of Knowledge-intensive Sectors' Knowledge Base: Evidence from Biotechnology and Telecommunications," Industry and Innovation, Taylor & Francis Journals, vol. 21(3), pages 215-242, April.
    3. Dibiaggio, Ludovic & Nasiriyar, Maryam & Nesta, Lionel, 2014. "Substitutability and complementarity of technological knowledge and the inventive performance of semiconductor companies," Research Policy, Elsevier, vol. 43(9), pages 1582-1593.
    4. Quintana-Garci­a, Cristina & Benavides-Velasco, Carlos A., 2008. "Innovative competence, exploration and exploitation: The influence of technological diversification," Research Policy, Elsevier, vol. 37(3), pages 492-507, April.
    5. Pablo D'Este Cukierman, 2004. "Persistent Knowledge Specialisation and Intra-Industry Heterogeneity: an Analysis of the Spanish Pharmaceutical Industry," SPRU Working Paper Series 110, SPRU - Science Policy Research Unit, University of Sussex Business School.
    6. König, Michael D. & Battiston, S. & Napoletano, M. & Schweitzer, F., 2011. "Recombinant knowledge and the evolution of innovation networks," Journal of Economic Behavior & Organization, Elsevier, vol. 79(3), pages 145-164, August.

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