KNOW-HOW AND ASSET COMPLEMENTARITY AND DYNAMIC CAPABILITY ACCUMULATION - THE CASE OF RESEARCH-AND-DEVELOPMENT

Authors
Citation
Ce. Helfat, KNOW-HOW AND ASSET COMPLEMENTARITY AND DYNAMIC CAPABILITY ACCUMULATION - THE CASE OF RESEARCH-AND-DEVELOPMENT, Strategic management journal, 18(5), 1997, pp. 339-360
Citations number
54
Categorie Soggetti
Management,Business
ISSN journal
01432095
Volume
18
Issue
5
Year of publication
1997
Pages
339 - 360
Database
ISI
SICI code
0143-2095(1997)18:5<339:KAACAD>2.0.ZU;2-U
Abstract
Dynamic capabilities enable firms to create new products and processes and respond to changing market conditions. This empirical investigati on of dynamic R&D capabilities deals with the role of complementary kn ow-how and other assets in the context of changing conditions in the U .S. petroleum industry during the 1970s and early 1980s. The analysis suggests that, in response to rising oil prices, firms with larger amo unts of complementary technological knowledge and physical assets also undertook larger amounts of R&D on coal conversion (a synthetic fuels process). (C) 1997 by John Wiley & Sons, Ltd.