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2006

Innovation

Babson College

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New Venture Innovation In Dynamic Markets, Alexander Mckelvie, Johan Wiklund Jun 2006

New Venture Innovation In Dynamic Markets, Alexander Mckelvie, Johan Wiklund

Frontiers of Entrepreneurship Research

The important relationship between knowledge and innovation is well established in the literature. However, little is known about how new ventures’ acquisition, assimilation, transformation, and exploitation of knowledge (i.e., their absorptive capacity) affects innovation. We examine the role of the individual components of absorptive capacity on innovation on a sample of new firms in the Swedish telecom, IT, media, and entertainment sectors. Our results suggest that the direct effects of the components of absorptive capacity on innovation are more complex than previously anticipated or articulated in the literature. We also find that while the four components of absorptive capacity ...


Why Did Silicon Valley Grow Up Around Stanford University Rather Than Around Uc Berkeley? (Summary), Stephen B. Adams Jun 2006

Why Did Silicon Valley Grow Up Around Stanford University Rather Than Around Uc Berkeley? (Summary), Stephen B. Adams

Frontiers of Entrepreneurship Research

What makes one research university a more effective anchor of an entrepreneurial high-tech region than another? Those who seek to understand how entrepreneurial high-tech regions come into being need to understand the historical factors and critical paths that have led to success. Therefore, this paper explores why Silicon Valley grew up around Stanford University after World War II rather than around UC Berkeley.