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Substitutability and complementarity of technological knowledge and the inventive performance of semiconductor companies

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  • Ludovic Dibiaggio

    (Histoire et Critique des Arts - Centre d'étude et de recherche d'archéologie méditerranéenne et atlantique. UHB)

  • Maryam Nasyar
  • Lionel Nesta

    (Observatoire français des conjonctures économiques)

Abstract

This paper analyses whether complementarity and substitutability of knowledge elements are key determinants of the firm's inventive performance, in addition to the more conventional measures of knowledge stock and diversity. Using patent data from 1968 to 2002 in the semiconductor industry, we find that the overall level of complementarity between knowledge components positively contributes to firms’ inventive capability, whereas the overall level of substitutability between knowledge components generally has the opposite effect. Yet a relatively high level of substitutability is found to be beneficial for explorative inventions. These results suggest that a firm's inventive capacity significantly depends on its ability to align its inventive strategies and knowledge base structure.

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  • Ludovic Dibiaggio & Maryam Nasyar & Lionel Nesta, 2014. "Substitutability and complementarity of technological knowledge and the inventive performance of semiconductor companies," Sciences Po publications info:hdl:2441/43aq8ffdqb8, Sciences Po.
  • Handle: RePEc:spo:wpmain:info:hdl:2441/43aq8ffdqb82sbffkv69bt1eaa
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    Cited by:

    1. Guan, Jiancheng & Liu, Na, 2016. "Exploitative and exploratory innovations in knowledge network and collaboration network: A patent analysis in the technological field of nano-energy," Research Policy, Elsevier, vol. 45(1), pages 97-112.
    2. Brennecke, Julia & Rank, Olaf, 2017. "The firm’s knowledge network and the transfer of advice among corporate inventors—A multilevel network study," Research Policy, Elsevier, vol. 46(4), pages 768-783.
    3. Luyun Xu & Jian Li & Xin Zhou, 2019. "Exploring new knowledge through research collaboration: the moderation of the global and local cohesion of knowledge networks," The Journal of Technology Transfer, Springer, vol. 44(3), pages 822-849, June.
    4. Maïder SAINT-JEAN & Nabila ARFAOUI & Eric BROUILLAT & David VIRAPIN, 2019. "Mapping technological knowledge patterns: evidence from ocean energy technologies," Cahiers du GREThA 2019-09, Groupe de Recherche en Economie Théorique et Appliquée(GREThA).
    5. Martin Kalthaus, 2016. "Knowledge recombination along the technology life cycle," Jena Economic Research Papers 2016-012, Friedrich-Schiller-University Jena.
    6. Frank Neffke, 2017. "Coworker Complementarity," CID Working Papers 79, Center for International Development at Harvard University.
    7. Maria Chiara Di Guardo & Kathryn Rudie Harrigan & Elona Marku, 2019. "M&A and diversification strategies: what effect on quality of inventive activity?," Journal of Management & Governance, Springer;Accademia Italiana di Economia Aziendale (AIDEA), vol. 23(3), pages 669-692, September.
    8. Kibae Kim, 2015. "Evolution of the Global Knowledge Network: Network Analysis of Information and Communication Technologies’ Patents," TEMEP Discussion Papers 2015124, Seoul National University; Technology Management, Economics, and Policy Program (TEMEP), revised Jul 2016.
    9. Kwangsoo Shin & Eungdo Kim & EuiSeob Jeong, 2018. "Structural Relationship and Influence between Open Innovation Capacities and Performances," Sustainability, MDPI, Open Access Journal, vol. 10(8), pages 1-18, August.

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    Keywords

    Knowledge base; Complementarity; Substitutability; Invention;

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