Technological autarky and product development performance: implications for open innovation
This paper examines the relationship between technological autarky and product development performance as well as the factors affecting the relationship based on firm-level cross section data. Here, technology autarky is defined as the ratio of internally developed technologies among all the technol...
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Published in | ISPIM Conference Proceedings p. 1 |
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Main Authors | , , |
Format | Conference Proceeding |
Language | English |
Published |
Manchester
The International Society for Professional Innovation Management (ISPIM)
01.01.2014
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Subjects | |
Online Access | Get full text |
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Summary: | This paper examines the relationship between technological autarky and product development performance as well as the factors affecting the relationship based on firm-level cross section data. Here, technology autarky is defined as the ratio of internally developed technologies among all the technologies used for developing new product. The result of the analysis shows that there is an inverse U-shaped relationship between them, which implies that an appropriate balance of internal and external technologies is important for enhancing product development performance. Besides, the result also demonstrates that the relationship is affected by technology strategies in product development; to what extent firm use new technologies and to what extent firm pays attention to know-how in developing new product. It is discussed in this paper that the findings are expected to advance the recent argument on open innovation by clarifying when and in what condition external technology sourcing can lead to higher performance. |
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