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Innovation Sources, Capabilities and Competitiveness: Evidence from Hong Kong Firms
| Content Provider | Semantic Scholar |
|---|---|
| Author | Baark, Erik |
| Copyright Year | 2011 |
| Abstract | It is widely recognized in the theoretical literature that firms are required to use both internal and external sources of innovation in order to achieve competitive advantage. However, while many assume that internal and external sources of innovation bear distinct relationships to firm capabilities, it is not clear how various sources affect such capabilities, or how or to what extent such relationships affect product competitiveness. This paper therefore examines the impact of diverse sources of innovation on a firm's technological innovation capabilities (TICs) and the extent to which such capabilities mediate the improvement of product competitiveness. Based on a survey of 200 manufacturing firms in Hong Kong and the Pearl River Delta region, we have identified internal departments as a major source of innovation for improving a range of firm capabilities Moreover, acquiring disembodied technology improves learning, resource allocation, and organizing capabilities, whereas acquiring embodied technology enhances learning and manufacturing capabilities. We furthermore utilize a hierarchical regression analysis to demonstrate that some sources of innovation, such as internal departments, can lead directly to superior product competitiveness, while innovations acquired through conferences and competitors contribute to competitiveness through the mediation effects of resource allocation, marketing, and organizing capabilities. |
| File Format | PDF HTM / HTML |
| Alternate Webpage(s) | http://final.dime-eu.org/files/Baark_Lau_Lo_Sharif_E5.pdf |
| Language | English |
| Access Restriction | Open |
| Content Type | Text |
| Resource Type | Article |
