When Does Lack of Resources Make New Firms Innovative

When Does Lack of Resources Make New Firms Innovative
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DOI:
10.5465/amj.2005.18803924
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发表时间:
2005-10
影响因子:
10.5
通讯作者:
R. Katila;S. Shane
R. Katila;S. Shane
中科院分区:
管理学1区
文献类型:
--
作者:
R. Katila;S. Shane

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在这项研究中,环境特征,给予创新的新企业进行了调查。在讨论了企业的资源基础观之后,提出了几个假设。总的来说,这些假设预测,新公司将有一个更高的利率在较小的,更有竞争力的市场中,金融资源更丰富。第四个假设表明,新公司在制造密集型市场中创新较少。1980年至1996年期间,马萨诸塞州理工学院(MIT)申请了1,397项发明专利,公司进行了964次创新尝试。对数据的分析表明,市场环境确实在决定新企业何时创新方面发挥了重要作用。新公司更有可能实现首次销售,并且不太可能放弃在更小、更有竞争力的市场中的创新努力,这些市场拥有更少的资源,也不专注于制造业。这些结果挑战了传统的假设,即低竞争,高需求的环境与丰富的资源往往导致创新。(南非)
In this study, the environmental characteristics that giverise to innovation in new firms are investigated. Following a discussion of theresource-based view of the firm, several hypotheses are proposed. Takentogether, these hypotheses predict that new firms will have a higher rate ofinnovation in smaller, more competitive markets in which financial resourcesare more plentiful. A fourth hypothesis suggests that new firms innovate less often inmanufacturing-intensive markets. Data on 964 attempts by firms to innovateusing 1,397 inventions patented by the Massachusetts Institute of Technology(MIT) between 1980 and 1996 are used to test the hypotheses. Analysis of thedata indicates that the market environment does indeed play an important rolein determining when new firms innovate. New firms are more likely to achieve first sale and less likely to abandonefforts to innovate in smaller, more competitive markets that boast fewresources and are not focused on manufacturing. These results challenge theconventional assumption that low-competition, high-demand environments withplentiful resources most often lead to innovation. (SAA)