Favorable strategies for the success of entry into new technological areas: an entrepreneurial perspective

Michalis E. Papazoglou ()
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Michalis E. Papazoglou: Oxford Brookes University

International Entrepreneurship and Management Journal, 2023, vol. 19, issue 1, No 16, 403-426

Abstract: Abstract This study considers the act of entering into new technological domains for R&D purposes as one of the most intense entrepreneurial activities within large established firms, referring to it as R&D entrepreneurship. Attempting to detect factors that could strengthen (or weaken) the impact of R&D entrepreneurship on innovation performance, I examine the moderating role of three important R&D strategies, namely the knowledge plurality, internal focus, and R&D collaboration. I empirically test the hypotheses developed in this study on secondary, longitudinal economic and patent data from a sample of 139 firms from the industries of pharmaceuticals, biotechnology, and chemicals for a 7-year period, using fixed-effects negative binomial regression models. Findings support that the relationship between R&D entrepreneurship and innovation performance is positively moderated by knowledge plurality but negatively by internal focus and R&D collaboration.

Keywords: Corporate entrepreneurship; Innovation performance; Knowledge plurality; Internal focus; R&D collaboration (search for similar items in EconPapers)
Date: 2023
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Citations: View citations in EconPapers (3)

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DOI: 10.1007/s11365-022-00828-z

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