Emerging economy firm technological catch-up through a dual innovation ecosystem framework.
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| Title: | Emerging economy firm technological catch-up through a dual innovation ecosystem framework. |
|---|---|
| Authors: | Sears, Joshua B.1 searsj@uncw.edu, Muhammad, Muhammad A.2 m.muhammad@ttu.edu |
| Source: | R&D Management. Jun2024, Vol. 54 Issue 3, p644-663. 20p. |
| Subjects: | Emerging markets, Technological innovations, Innovations in business, Problem solving, Consumption (Economics), Ecosystems, Business enterprises |
| Abstract: | Research has identified two principal mechanisms for emerging economy (EE) firms to technologically catch up with advanced economy (AE) firms: absorbing knowledge spillovers from AE subsidiaries and internationalizing R&D into AEs. Prior technological catch-up research has assumed EE firms are merely trailing their AE counterparts on the technological frontier when in fact the research on the bottom of the pyramid, as well as other research streams, have recognized that the different consumer demands in EEs and AEs drive different R&D activities in EEs and AEs. We submit that technological catch-up requires both the upgrading of technological capabilities and the shifting of R&D activity from solving EE demand problems to solving AE demand problems. Utilizing patent data, we investigate the relative efficacy of AE knowledge spillovers and internationalizing R&D in AEs on technological catch-up within a dual innovation ecosystem framework. We find that knowledge spillovers affect technological catch-up through a process that initially decreases the technological capabilities of EE firms before increasing such capabilities as EE firms shift R&D activity towards the AE innovation ecosystem. However, we find that internationalizing R&D in AEs yields a significant positive effect on EE firms’ technological capabilities and shifts their innovative activities towards solving AE demand problems. [ABSTRACT FROM AUTHOR] |
| Copyright of R&D Management is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.) | |
| Database: | Engineering Source |
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| Items | – Name: Title Label: Title Group: Ti Data: Emerging economy firm technological catch-up through a dual innovation ecosystem framework. – Name: Author Label: Authors Group: Au Data: <searchLink fieldCode="AR" term="%22Sears%2C+Joshua+B%2E%22">Sears, Joshua B.</searchLink><relatesTo>1</relatesTo><i> searsj@uncw.edu</i><br /><searchLink fieldCode="AR" term="%22Muhammad%2C+Muhammad+A%2E%22">Muhammad, Muhammad A.</searchLink><relatesTo>2</relatesTo><i> m.muhammad@ttu.edu</i> – Name: TitleSource Label: Source Group: Src Data: <searchLink fieldCode="JN" term="%22R%26D+Management%22">R&D Management</searchLink>. Jun2024, Vol. 54 Issue 3, p644-663. 20p. – Name: Subject Label: Subjects Group: Su Data: <searchLink fieldCode="DE" term="%22Emerging+markets%22">Emerging markets</searchLink><br /><searchLink fieldCode="DE" term="%22Technological+innovations%22">Technological innovations</searchLink><br /><searchLink fieldCode="DE" term="%22Innovations+in+business%22">Innovations in business</searchLink><br /><searchLink fieldCode="DE" term="%22Problem+solving%22">Problem solving</searchLink><br /><searchLink fieldCode="DE" term="%22Consumption+%28Economics%29%22">Consumption (Economics)</searchLink><br /><searchLink fieldCode="DE" term="%22Ecosystems%22">Ecosystems</searchLink><br /><searchLink fieldCode="DE" term="%22Business+enterprises%22">Business enterprises</searchLink> – Name: Abstract Label: Abstract Group: Ab Data: Research has identified two principal mechanisms for emerging economy (EE) firms to technologically catch up with advanced economy (AE) firms: absorbing knowledge spillovers from AE subsidiaries and internationalizing R&D into AEs. Prior technological catch-up research has assumed EE firms are merely trailing their AE counterparts on the technological frontier when in fact the research on the bottom of the pyramid, as well as other research streams, have recognized that the different consumer demands in EEs and AEs drive different R&D activities in EEs and AEs. We submit that technological catch-up requires both the upgrading of technological capabilities and the shifting of R&D activity from solving EE demand problems to solving AE demand problems. Utilizing patent data, we investigate the relative efficacy of AE knowledge spillovers and internationalizing R&D in AEs on technological catch-up within a dual innovation ecosystem framework. We find that knowledge spillovers affect technological catch-up through a process that initially decreases the technological capabilities of EE firms before increasing such capabilities as EE firms shift R&D activity towards the AE innovation ecosystem. However, we find that internationalizing R&D in AEs yields a significant positive effect on EE firms’ technological capabilities and shifts their innovative activities towards solving AE demand problems. [ABSTRACT FROM AUTHOR] – Name: AbstractSuppliedCopyright Label: Group: Ab Data: <i>Copyright of R&D Management is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract.</i> (Copyright applies to all Abstracts.) |
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| RecordInfo | BibRecord: BibEntity: Identifiers: – Type: doi Value: 10.1111/radm.12666 Languages: – Code: eng Text: English PhysicalDescription: Pagination: PageCount: 20 StartPage: 644 Subjects: – SubjectFull: Emerging markets Type: general – SubjectFull: Technological innovations Type: general – SubjectFull: Innovations in business Type: general – SubjectFull: Problem solving Type: general – SubjectFull: Consumption (Economics) Type: general – SubjectFull: Ecosystems Type: general – SubjectFull: Business enterprises Type: general Titles: – TitleFull: Emerging economy firm technological catch-up through a dual innovation ecosystem framework. Type: main BibRelationships: HasContributorRelationships: – PersonEntity: Name: NameFull: Sears, Joshua B. – PersonEntity: Name: NameFull: Muhammad, Muhammad A. IsPartOfRelationships: – BibEntity: Dates: – D: 01 M: 06 Text: Jun2024 Type: published Y: 2024 Identifiers: – Type: issn-print Value: 00336807 Numbering: – Type: volume Value: 54 – Type: issue Value: 3 Titles: – TitleFull: R&D Management Type: main |
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