 Value of knowledge--Technology strategies in different knowledge regimesKalevi Kyläheiko, Ari Jantunen, Kaisu Puumalainen and Pasi Luukka International Journal of Production Economics, 2011, vol. 131, issue 1, 273-287 Abstract: This paper introduces a knowledge-based view of the firm, which enables us to analyze how the firm should build up its technology strategies in order to capture profits from knowledge assets through knowledge creation, replication, integration and transfer. The basic idea is to shed light on the mechanisms that make it possible, first, to create value from knowledge assets, second, to protect the value created by using different protection mechanisms (such as legal means or tacitness) and, third, to share the value created between the innovator, imitators and partners (open innovation model). In our model we derive technology strategies based on different knowledge bases and their characteristics. By means of our simulation experiments we open up some black boxes behind technology strategies that are often launched only as empirical generalizations, such as Freeman's famous technology strategy typology. Our tool can also be used as a framework when the dynamic effects of technology strategies are traced and empirically scrutinized. Keywords: Knowledge-based; view; Simulation; Technology; strategy; Appropriability (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:eee:proeco:v:131:y:2011:i:1:p:273-287 Access Statistics for this article International Journal of Production Economics is currently edited by Stefan Minner More articles in International Journal of Production Economics from Elsevier |
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