Abstract
This paper examines how firms’ recruitment of high-skilled foreign R&D workers affects firm-level exploration. We argue that by hiring foreign R&D workers, firms are more likely to gain access to novel and complementary knowledge, which will foster exploration. Examining a sample of 376 Danish R&D active firms over the period from 2001 to 2013, we show the effect is most pronounced when foreign R&D hires originate from geographical backgrounds that are represented to a lesser extent within firms’ incumbent R&D workforce. Moreover, we show that this effect holds, even when the cognitive distance between these new hires and firms’ incumbent R&D workforce is low. Finally, we highlight the temporary nature of this “exploration premium” as these results only hold for newly hired foreign workers.
Original language | English |
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Title of host publication | Proceedings of the Eighty-First Annual Meeting of the Academy of Management |
Editors | Sonia Taneja |
Number of pages | 6 |
Place of Publication | Briarcliff Manor, NY |
Publisher | Academy of Management |
Publication date | 2021 |
Article number | 210 |
DOIs | |
Publication status | Published - 2021 |
Event | The Academy of Management Annual Meeting 2021: Bringing the Manager Back in Management - Online, Virtual, Online Duration: 29 Jul 2021 → 4 Aug 2021 Conference number: 81 https://aom.org/events/annual-meeting |
Conference
Conference | The Academy of Management Annual Meeting 2021 |
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Number | 81 |
Location | Online |
City | Virtual, Online |
Period | 29/07/2021 → 04/08/2021 |
Internet address |
Series | Academy of Management Proceedings |
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ISSN | 0065-0668 |
Bibliographical note
Conference entry title: "In search for new knowledge: When does hiring foreign R&D workers foster exploration?".Keywords
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