The Role of Knowledge Clusters in R&D Acquisition and Innovation Success

Torsten Brodt and Sebastian Knoll

Chapter 7 in Determinants of Innovative Behaviour, 2008, pp 151-168 from Palgrave Macmillan

Abstract: Abstract The information and telecommunication (ICT) industry as well as the media industry are fertile parents to a plethora of electronic (‘e’) and mobile (‘m’) products and applications (Sorenson et al., 2002, Brodt and Heitmann 2004). A common denominator of these industries is that they are based on fast-paced and converging technology development. Winners in the market are in most cases also technology leaders or capable of turning a base technology into a superior product meeting customer needs. While access to technology and market know-how becomes increasingly important to succeed in the competition, size, history and equity become less and less critical requirements. On the one hand this allows e-and m-start-ups to realize tremendous growth rates and on the other hand it spurs the quest for external knowledge sourcing both at established players and start-ups.

Keywords: Knowledge Transfer; Strategic Management Journal; Integration Mechanism; Target Firm; Link Internal (search for similar items in EconPapers)
Date: 2008
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-28573-6_7

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DOI: 10.1057/9780230285736_7

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