Abstract
Drawing on absorptive capacity and social network theory, we examine the effect of intrafirm network closure, tie strength, and diversity on firms? recombination speed of technologically distant external knowledge. Results from an event history study of 113 pharmaceutical firms, which engage in technology licensing in the period 1986-2003, reveal that the time to recombine external knowledge into own invention increases with technological distance. However, intrafirm co-invention network closure and diversity shorten the time to recombine distant external knowledge. These results mark the importance of inventors? knowledge networks as antecedent of the speed with which firms can absorb
external knowledge.
external knowledge.
Original language | English |
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Publication date | Jun 2013 |
Number of pages | 38 |
Publication status | Published - Jun 2013 |
Event | The 35th DRUID Celebration Conference 2013: Innovation, Strategy and Entrepreneurship: Competitiveness and Dynamics of Organizations, Technologies, Systems and Geography - ESADE Business School, Ramon Llull University, Barcelona, Spain Duration: 17 Jun 2013 → 19 Jun 2013 Conference number: 35 http://druid8.sit.aau.dk/registrant/index/login/cid/13 |
Conference
Conference | The 35th DRUID Celebration Conference 2013: Innovation, Strategy and Entrepreneurship |
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Number | 35 |
Location | ESADE Business School, Ramon Llull University |
Country/Territory | Spain |
City | Barcelona |
Period | 17/06/2013 → 19/06/2013 |
Other | The DRUID Society Conference 2013 |
Internet address |