Geographically concentrated industry activity creates pools of skilled labor and specialized suppliers, and increases opportunities for knowledge spillovers. The strategic value of these agglomeration economies may vary by firm, depending upon the relative value of each economy, and upon firm and agglomeration economy traits. To better determine when a firm will be attracted to agglomeration ec...

This study undertakes an analysis of external sourcing of knowledge by biotechnology companies. It suggests that biotechnology companies need to be more realistic about R&D operational models in a context where technological changes are only incremental and companies based solely on single technology platforms are highly inefficient. It is argued that in order to build, preserve or enhance thei...

Knowledge has become the most strategic resource in the new business environment. A case-based reasoning system, which incorporates a novel clustering and retrieval method, has been developed for identifying critical situations in business processes. The proposed method is based on a Cooperative Maximum Likelihood Hebbian Learning model, which can be used to categorize the necessities for the A...

Organizational knowledge creation theory explains the process of making available and amplifying knowledge created by individuals as well as crystallizing and connecting it to an organization’s knowledge system. What individuals get to know in their (working) lives benefits their colleagues and, eventually, the wider organization. In this article, we briefly review central elements in organizat...

One key asset of a firm is its knowledge stock comprising different knowledge domains (e.g., market, technological knowledge, etc.). This stock results from firm internal and/or external resources such as exchange partners (e.g. customers and R&D partners). The paper focuses on external partners and explores for which knowledge domain the usage of knowledge management systems (KMS) regarding th...

This study undertakes an analysis of external sourcing of knowledge by biotechnology companies. It suggests that biotechnology companies need to be more realistic about R&D operational models in a context where technological changes are only incremental and companies based solely on single technology platforms are highly inefficient. It is argued that in order to build, preserve or enhance thei...

This paper argues that the existence of knowledge-intensive firms pose puzzelments for the contractual theories of the firm. For example, in knowledge-intensive firms physical assets are widely absent, the nature of employment relations and assetownership are much less clear compared to industrial firms. Although knowledge-intensive firms account for a growing share in wealth-creation and emplo...

The dynamics characteristic has been considered one of the crucial characteristics of the knowledge assets of a firm. However, many studies to date merely focus on stressing the existence of this characteristic, and very little attention has been given to why this characteristic exists or to find an appropriate way for describing it. The major obstruction, in our opinion, may be the lack of und...

Implementing knowledge management capability (KMC) effectively is becoming an important strategic issue for organizational success. However, our understanding about the underlying mechanism of KMC on firm performance is still limited. Based on the dynamic capabilities perspective, this study tries to explore how KMC (i.e., exploration KMC and exploitation KMC) affects firm performance through t...

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