Innovation Leadership, Technological Coherence and Economic Performance
نویسنده
چکیده
The central research question in this paper is: what is the relationship between the economic performance of the firm and (i) strategies of being a technological leader versus a technological follower, and (ii) strategies of established technological coherence versus novelty in technological combination? We present a quantitative investigation that enables us to formulate some empirically grounded generalizations of average tendencies across firms with different technological strategies in a specific industry, the biotechnology industry. Our results suggest a bifurcation in the structure of corporate innovation strategies with respect to both leadership and coherence.
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