Know-how and asset complementarity and dynamic capability accumulation: The case of R&D

Strategic Management Journal

Volumn 18, Issue 5, 1997, Pages 339-360

  Helfat, Constance E ^a  

^a UNIVERSITY OF PENNSYLVANIA   (United States)

Author keywords

Capabilities; Innovation; R D; Resources

Indexed keywords

EID: 0000721385     PISSN: 01432095     EISSN: None     Source Type: Journal    
DOI: 10.1002/(SICI)1097-0266(199705)18:5<339::AID-SMJ883>3.0.CO;2-7     Document Type: Article

References (57)

1. Bromiley, P. (1986). 'Corporate planning and capital investment', Journal of Economic Behavior and Organization, 7, pp. 147-170.
2. Burlington Northern (1976-81). Annual Reports. Fort Worth, TX.
3. Cohen, W. M. and D. A. Levinthal (1990). 'Absorptive capacity: A new perspective on learning and innovation', Administrative Science Quarterly, 35, pp. 128-152.
4. Crow, M., B. Bozeman, W. Meyer and R. Shangraw Jr. (1988). Synthetic Fuel Technology Development in the United States: A Retrospective Assessment. Praeger, New York.
5. Cyert, R. M. and J. G. March (1992). A Behavioral Theory of the Firm (2nd ed.). Blackwell, Cambridge, MA.
6. Dierickx, I. and K. Cool (1989). 'Asset stock accumulation and sustainability of competitive advantage', Management Science, 35, pp. 1504-1511.
7. Dosi, G., D. Teece and S. Winter (1992). 'Toward a theory of corporate coherence: Preliminary remarks'. In G. Dosi, R. Giannetti and P. A. Toninelli (eds), Technology and Enterprise in Historical Perspective. Clarendon Press, New York, pp. 185-211.
8. Exxon Corporation (1991). Annual Report. Irving, TX.
9. Fair, R. C. (1977). 'A note on the computation of the Tobit Estimator', Econometrica, 45, pp. 1723-1727.
10. Federal Energy Administration (1974). Project Independence Blueprint Final Task Force Report on Synthetic Fuels from Coal. Government Printing Office, Washington, DC.
11. G. & C. Merriam Co. (1972). Webster's Seventh New Collegiate Dictionary. G. & C. Merriam Co., Springfield, MA.
12. Gort, M. (1962). Diversification and Integration in American Industry. Princeton University Press, Princeton, NJ.
13. Grabowski, H. G. (1968). 'The determinants of industrial research and development: A study of the chemical, drug, and petroleum industries', Journal of Political Economy, pp. 292-306.
14. Gulf Oil (1974). Annual Report. Pittsburgh, PA.
15. Gulf Oil (1977). Annual Report. Pittsburgh, PA.
16. Hall, B., C. Cummins, E. S. Laderman and J. Mundy (1988). 'The R&D masterfile documentation', NBER Technical Working Paper No. 72, Cambridge, MA.
17. Harrison, J. S., M. A. Hitt, R. E. Hoskisson and R. D. Ireland (1991). 'Synergies and post-acquisition performance: Differences versus similarities in resource allocations', Journal of Management, 17, pp. 173-190.
18. Helfat, C. E. (1988). Investment Choices in Industry. MIT Press, Cambridge, MA.
19. Henderson, R. and I. Cockburn (1996). 'Scale, scope and spillovers: The determinants of research productivity in ethical drug discovery', RAND Journal of Economics, 27, pp. 32-59.
20. Holtz-Eakin, D., W. Newey and H. S. Rosen (1988). 'Estimating vector autoregressions with panel data', Econometrica, 56, pp. 1371-1395.
21. Himmelberg, C. and B. Petersen (1991). 'R&D investment and internal finance: A panel study of small firms in high-tech industries', working paper, Washington University, St. Louis, MO.
22. Jaffe, A. B. (1986). 'Technological opportunity and spillovers of R&D: Evidence from firms' patents, profits, and market value', American Economic Review, 76, pp. 984-1001.
23. Jensen, M. C. (1986). 'Agency cost of free cash flow, corporate finance and takeovers', American Economic Review, 76, pp. 323-329.
24. Jovanovic, B. (1993). 'The diversification of production', Brookings Papers on Economic Activity, Microeconomics Issue No. 1., pp. 197-235.
25. Kerr-McGee (1980). Annual Report. Oklahoma City, OK
26. Klein, B. R., A. Crawford and A. A. Alchian (1978). 'Vertical integration, appropriable rents, and the competitive contracting process', Journal of Law and Economics, 21, pp. 297-326.
27. Levin, R. C. and P. C. Reiss (1984). 'Tests of a Schumpeterian Model of R&D and market structure'. In Z. Griliches (ed.), R&D, Patents, and Productivity. University of Chicago Press, Chicago, IL, pp. 175-208.
28. MacDonald, J. M. (1985). 'R&D and the directions of diversification', Review of Economics and Statistics, 67, pp. 583-590.
29. Maddala, G. S. (1977). Econometrics. McGraw-Hill, New York.
30. Maddala, G. S. (1983). Limited-dependent and Qualitative Variables in Econometrics. Cambridge University Press, New York.
31. Milgrom, P. and J. Roberts (1990). 'The economics of modern manufacturing: Technology, strategy, and organization', American Economic Review, 80, pp. 511-528.
32. Mitchell, W. (1989). 'Whether and when? Probability and timing of incumbents' entry into emerging industrial subfields', Administrative Science Quarterly, 34, pp. 208-230.
33. Montgomery, C. A. and S. Hariharan (1991). 'Diversified expansion by large established firms', Journal of Economic Behavior and Organization, 15, pp. 71-89.
34. Narin, F., E. Noma and R. Perry (1987). 'Patents as indicators of corporate technological strength', Research Policy, 16, pp. 145-155.
35. Nelson, R. R. (1990). 'Capitalism as an engine of progress', Research Policy, 19, pp. 192-214.
36. Nelson, R. R. and S. G. Winter (1982). An Evolutionary Theory of Economic Change. Belknap Press of Harvard University Press, Cambridge, MA.
37. Patel, P. and K. Pavitt (1994). Technological competences in the world's largest firms: Characteristics, constraints and scope for managerial choice', working paper, University of Sussex, Brighton, UK.
38. Penrose, E. (1959). The Growth of the Firm. Sharpe, White Plains, NY.
39. Pindyck, R. S. and D. L. Rubinfeld (1991). Econometric Models and Economic Forecasts (3rd ed.). McGraw-Hill, New York.
40. Scherer, F. M. (1980). Industrial Market Structure and Economic Performance (2nd ed.). Rand McNally, Chicago, IL.
41. Scherer, F. M. (1992). 'Schumpeter and plausible capitalism', Journal of Economic Literature, 30, pp. 1416-1433.
42. Scott, J. T. and G. Pascoe (1987). 'Purposive diversification of R&D in manufacturing', Journal of Industrial Economics, 36, pp. 193-205.
43. Simon, H. A. (1978). 'Rationality as process and product of thought', American Economic Review, 68, pp. 1-15.
44. Standard Oil of California (1975). Annual Report. San Francisco, CA.
45. Stewart, J. F., R. F. Harris and W. T. Carleton (1984). 'The role of market structure in merger behavior', Journal of Industrial Economics, 32, pp. 293-312.
46. Teece, D. J. (1980). 'Economies of scope and the scope of the enterprise', Journal of Economic Behavior and Organization, 1, pp. 223-247.
47. Teece, D. J. (1986). 'Profiting from technological innovation', Research Policy, 15, pp. 285-306.
48. Teece, D. J. and G. Pisano (1994). 'The dynamic capabilities of firms: An introduction', Industrial and Corporate Change, 3, pp. 537-556.
49. Union Pacific (1976-81). Annual Reports. Bethlehem, PA.
50. U.S. Department of Energy (1982). Energy Company Development Patterns in the Postembargo Era, Vol. 1. U.S. Government Printing Office, Washington, DC.
51. U.S. Senate, Subcommittee on Energy Research and Development of the Committee on Energy and Natural Resources (1977). Petroleum Industry Involvement in Alternative Sources of Energy. U.S. Government Printing Office, Washington, DC.
52. U.S. Senate, Subcommittee on Synthetic Fuels of the Committee on the Budget (1979). Synthetic Fuels. U.S. Government Printing Office, Washington, DC.
53. U.S. Senate, Committee on Energy and Natural Resources (1981). Synfuels from Coal and the National Synfuels Production Program: Technical, Environmental, and Economic Aspects. U.S. Government Printing Office, Washington, DC.
54. Williamson, O. E. (1975). Markets and Hierarchies: Analysis and Antitrust Implications. Free Press, New York.
55. Williamson, O. E. (1979). 'Transaction-cost economics: The governance of contractual relations', Journal of Law and Economics, 22, pp. 3-61.
56. Williamson, O. E. (1985). The Economic Institutions of Capitalism. Free Press, New York.
57. Willig, R. D. (1979). 'Multiproduct technology and market structure', American Economic Review, 69, pp. 346-348.