Prior research has examined how a firm?s knowledge stock contributes to the value of its innovations, yet revealed mixed findings. We seek to reconcile this inconsistent evidence by studying how the age, origin, and popularity of knowledge affect the value of innovations. We claim that the age of knowledge which the firm incorporates exerts an inverted U-shaped effect on the value of innovation...

This paper examines how structural recombination of business units within a firm impacts subsequent firm innovation. We argue that structural recombination is a means for firms to unlock the potential for internal knowledge recombination, redrawing the firm’s internal boundaries to bring together complementary knowledge resources. Structural recombination may thus be beneficial to subsequent fi...

It is very important for investors to understand the critical factors affecting the value of firms before making investments. In knowledge-based economy, the method for creating firm value transfers from traditional physical assets to intangible knowledge. As intangible assets value is an important part of firm value, valuation of intangible assets becomes a widespread topic of interest in the ...

This essay explores evolutionary and competence-based theories of the firm. " Evolutionary " approaches to the theory of the firm often invoke the biological metaphor of natural selection[1]. The classic example here is the seminal work by Richard Nelson and Sidney Winter: An Evolutionary Theory of Economic Change (1982). Exponents of evolutionary approaches argue that they provide better theor...

We argue that knowledge management cannot be separated from business modeling. Therefore, we start from a firm modeling methodology hereafter called “Approach Based on Contract” (ABC). In the ABC method, the contract (explicit or implicit) between a firm and its clients is the first step of the modeling. This contract is progressively refined in an interactive topdown and bottom-up approach in ...

Knowledge sharing is one of the most critical steps in knowledge management activities. To achieve effective knowledge sharing, it is important to encourage workers to share their knowledge for the best interests of the firm. However, successfully exerting this encouragement is very challenging. In this paper, we develop a formal model and analyze reward systems for intra-organizational knowled...

From the knowledge-based view, an organization is considered an entity that integrates and distributes knowledge to produce products and services. Knowledge is acknowledged as a sustainable basis of competitive advantage that many organizations possess. Entrepreneurial activity also has been viewed as an essential feature for organizations to survive and prosper in today’s turbulent environment...

development of technological capability is one of the effective methods for promoting the firm competitive performance. transfer of suitable technology help the firm to make a strong position in its industry faster than using in-house r&d.; successfulness of a firm based on technology transfer process can be measured with different scales such as measurement of firm competitive performance thro...

In the current knowledge-oriented society, knowledge is a core strategic component for organizations. Successful knowledge management is therefore a key factor in organizational performance. At the same time, some studies have assumed that knowledge management performance is distinguished from the general features of organizational performance. Thus, this study conceptualizes organizational per...