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Articles 1 - 10 of 10
Full-Text Articles in Technology and Innovation
The Dynamic Impact Of Innovative Capability And Inter-Firm Network On Firm Valuation: A Longitudinal Study Of Biotechnology Start-Ups, Yanfeng Zheng, Jing Liu, Gerard George
The Dynamic Impact Of Innovative Capability And Inter-Firm Network On Firm Valuation: A Longitudinal Study Of Biotechnology Start-Ups, Yanfeng Zheng, Jing Liu, Gerard George
Research Collection Lee Kong Chian School Of Business
Prior research suggests that a high technology start-up's innovative capability and inter-firm network influence its performance and consequently, firm valuation. Few studies consider their joint influence and even fewer consider the temporal change of those effects on firm valuation. In this study, we propose that firm age, a key organizational variable, represents both the development of organizational routines from a start-up's perspective and the accumulation of accessible information from an investor's viewpoint. As such, an investor's evaluation of a high technology start-up's innovative capability and inter-firm network evolves with firm age. Using panel data of 170 biotechnology start-ups, our results …
China's Innovation Landscape, Kenneth G. Huang
China's Innovation Landscape, Kenneth G. Huang
Research Collection Lee Kong Chian School Of Business
The People's Republic of China has experienced three decades of sustained, strong annual economic growth as it transitions from a centrally planned economy to a free market. Currently the world's second largest economy, China recognizes scientific and technological innovation as an increasingly important strategy to fuel the next phase of its productivity growth. However, the drivers and trajectories of China's scientific and technological growth remain under-investigated. To understand elements of China's innovative activities, particularly in science and technology, an analysis of comprehensive patent data provided by the State Intellectual Property Office (SIPO) of China is presented here.
Entrepreneurial Experiments In Science Policy: Analyzing The Human Genome Project, Kenneth G. Huang, Fiona E. Murray
Entrepreneurial Experiments In Science Policy: Analyzing The Human Genome Project, Kenneth G. Huang, Fiona E. Murray
Research Collection Lee Kong Chian School Of Business
We re-conceptualize the role of science policy makers, envisioning and illustrating their move from being simple investors in scientific projects to entrepreneurs who create the conditions for entrepreneurial experiments and initiate them. We argue that reframing science policy around the notion of conducting entrepreneurial experiments – experiments that increase the diversity of technical, organizational and institutional arrangements in which scientific research is conducted – can provide policy makers with a wider repertoire of effective interventions. To illustrate the power of this approach, we analyze the Human Genome Project (HGP) as a set of successful, entrepreneurial experiments in organizational and institutional …
The Interaction Of Roles, Resources, And Organizational Structures In Creative Work, Feichin, Ted Tschang
The Interaction Of Roles, Resources, And Organizational Structures In Creative Work, Feichin, Ted Tschang
Research Collection Lee Kong Chian School Of Business
Creativity is known to be located at both the individual and group levels. We look at the case of videogame development, as an instance of project level creativity. We focus in particular on the design of the artifact. By examining the loci of creativity at the individual and group levels, we shed light on the roles and tasks of the designer, and on the organizational group structure known as the design cabal. In comparing the two extremes, we discover that the lack of organizational resources (namely, well known designers) leads in certain projects to the adoption of cabals or cabal-like …
The Outsourcing Of Creative Work And The Limits Of Capability: The Case Of The Philippines Animation Industry, Feichin Ted Tschang, Andrea Goldstein
The Outsourcing Of Creative Work And The Limits Of Capability: The Case Of The Philippines Animation Industry, Feichin Ted Tschang, Andrea Goldstein
Research Collection Lee Kong Chian School Of Business
The animation industry, like many information-technology-enabled services sectors, has been of interest to many developing countries interested in developing services outsourcing industries. We analyze the case of the Philippines' animation industry. This paper investigates the outsourcing process in animation and the nature of capabilities within that, with the goal of contributing to a more general understanding of services outsourcing. We examine the industry's history, interview data with industry participants, and secondary data. We find that strong labor force skills have been central to capabilities rather than organizational abilities. Outsourcing of production takes place only so far as the work is …
Is Firm-Specific Innovation Associated With Greater Value Appropriation? The Roles Of Environmental Dynamism And Technological Diversity, Heli Wang, Wei-Ru Chen
Is Firm-Specific Innovation Associated With Greater Value Appropriation? The Roles Of Environmental Dynamism And Technological Diversity, Heli Wang, Wei-Ru Chen
Research Collection Lee Kong Chian School Of Business
This paper extends the resource-based theory of the firm to examine the contingencies that either intensify or reduce the relationship between firm-specific innovation and value appropriation. Based on a large-scale analysis of a sample of US manufacturing firms, we found that greater innovation rents appropriation is associated with an increase in firm specificity of its innovative knowledge. But the positive relationship between firm-specific innovations and firm value appropriation tends to decrease when the product or technology market is highly dynamic. Further, under high environmental dynamism, firms should increase the diversity in their knowledge composition in order to mitigate the risk …
Hong Kong’S New Creative Industries: The Example Of The Video Games Sector, F. Ted Tschang
Hong Kong’S New Creative Industries: The Example Of The Video Games Sector, F. Ted Tschang
Research Collection Lee Kong Chian School Of Business
Hong Kong has considerable creative and entrepreneurial resources, and the opportunity to build a vibrant set of creative industries, including in the new sectors such as video games, animation, and computer graphics. However, as it stands, some of these industries, especially that of the games industry, are fledgling in nature. Strong supporting institutions already exist, but it is essential to discover how industry can be better supported with existing and new resources — financial and otherwise. The opportunities are immense, but so is the competition. The new entertainment media sectors are growing at a faster pace than most economic sectors …
Knowledge Clusters And Knowledge Hubs: Designing Epistemic Landscapes For Development, Hans-Dieter Evers, Solvay Gerke, Thomas Menkhoff
Knowledge Clusters And Knowledge Hubs: Designing Epistemic Landscapes For Development, Hans-Dieter Evers, Solvay Gerke, Thomas Menkhoff
Research Collection Lee Kong Chian School Of Business
Purpose – With globalization and knowledge-based production, firms may cooperate on a global scale, outsource parts of their administrative or productive units and negate location altogether. The extremely low transaction costs of data, information and knowledge seem to invalidate the theory of agglomeration and the spatial clustering of firms, going back to the classical work by Alfred Weber and Alfred Marshall, who emphasized the microeconomic benefits of industrial collocation. This paper aims to argue against this view and show why the growth of knowledge societies will rather increase than decrease the relevance of location by creating knowledge clusters and knowledge …
Managing Innovation Successfully: The Value Of Contextual Fit (Doctoral Dissertation), Ronald Joachim Bledow
Managing Innovation Successfully: The Value Of Contextual Fit (Doctoral Dissertation), Ronald Joachim Bledow
Research Collection Lee Kong Chian School Of Business
No abstract provided.
Academic Entrepreneurs: The Role Of Star Scientists In Commercialization Of Radical Science, Reddi Kotha, Gerard George
Academic Entrepreneurs: The Role Of Star Scientists In Commercialization Of Radical Science, Reddi Kotha, Gerard George
Research Collection Lee Kong Chian School Of Business
We examine the effects of individual, team, and institutional capabilities on the governance of technology contracts. Star scientific teams may work on higher quality projects which may be of high or low risk, depending on the maturity of the technology. Arguments that assumed that both capabilities and risk are codetermined, and seldom diverge in their effects on incentive preferences, may be tenuous in these cases. We test our predictions using a two-stage model in a sample of 1,474 inventions that were licensed through performance or upfront contracts. We find that when individuals and teams have strong capabilities, they prefer performance …