The Quest for Competitive Sustainability: From Technology Sourcing to Knowledge Management

This study undertakes an analysis of external sourcing of knowledge by biotechnology companies. It suggests that biotechnology companies need to be more realistic about R&D operational models in a context where technological changes are only incremental and companies based solely on single techn...

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Autor principal: Amir-Aslani,Arsia
Lenguaje:English
Publicado: Universidad Alberto Hurtado. Facultad de Economía y Negocios 2009
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Acceso en línea:http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242009000200005
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spelling oai:scielo:S0718-272420090002000052009-09-23The Quest for Competitive Sustainability: From Technology Sourcing to Knowledge ManagementAmir-Aslani,Arsia technology sourcing organizational learning competitive dynamics innovation biotechnology knowledge management This study undertakes an analysis of external sourcing of knowledge by biotechnology companies. It suggests that biotechnology companies need to be more realistic about R&D operational models in a context where technological changes are only incremental and companies based solely on single technology platforms are highly inefficient . It is argued that in order to build, preserve or enhance their knowledge creation capabilities in a fast changing environment, firms increasingly combine internal ‘‘core'' capabilities with externally acquired ‘‘complementary'' ones. Knowledge creation requires in reaching the right balance between exploration and exploitation. It consists of activities within the firm in order to create knowledge from its own experience and from the experience of other firms, and on the exploitation of that knowledge to fulfill the mission of the firm. Thus, a biotechnology company's ability to choose technologies wisely will have a large impact on the performance of its R&D organization in terms of time to market, productivity, and product quality.info:eu-repo/semantics/openAccessUniversidad Alberto Hurtado. Facultad de Economía y NegociosJournal of technology management & innovation v.4 n.2 20092009-07-01text/htmlhttp://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242009000200005en10.4067/S0718-27242009000200005
institution Scielo Chile
collection Scielo Chile
language English
topic technology sourcing
organizational learning
competitive dynamics
innovation
biotechnology
knowledge management
spellingShingle technology sourcing
organizational learning
competitive dynamics
innovation
biotechnology
knowledge management
Amir-Aslani,Arsia
The Quest for Competitive Sustainability: From Technology Sourcing to Knowledge Management
description This study undertakes an analysis of external sourcing of knowledge by biotechnology companies. It suggests that biotechnology companies need to be more realistic about R&D operational models in a context where technological changes are only incremental and companies based solely on single technology platforms are highly inefficient . It is argued that in order to build, preserve or enhance their knowledge creation capabilities in a fast changing environment, firms increasingly combine internal ‘‘core'' capabilities with externally acquired ‘‘complementary'' ones. Knowledge creation requires in reaching the right balance between exploration and exploitation. It consists of activities within the firm in order to create knowledge from its own experience and from the experience of other firms, and on the exploitation of that knowledge to fulfill the mission of the firm. Thus, a biotechnology company's ability to choose technologies wisely will have a large impact on the performance of its R&D organization in terms of time to market, productivity, and product quality.
author Amir-Aslani,Arsia
author_facet Amir-Aslani,Arsia
author_sort Amir-Aslani,Arsia
title The Quest for Competitive Sustainability: From Technology Sourcing to Knowledge Management
title_short The Quest for Competitive Sustainability: From Technology Sourcing to Knowledge Management
title_full The Quest for Competitive Sustainability: From Technology Sourcing to Knowledge Management
title_fullStr The Quest for Competitive Sustainability: From Technology Sourcing to Knowledge Management
title_full_unstemmed The Quest for Competitive Sustainability: From Technology Sourcing to Knowledge Management
title_sort quest for competitive sustainability: from technology sourcing to knowledge management
publisher Universidad Alberto Hurtado. Facultad de Economía y Negocios
publishDate 2009
url http://www.scielo.cl/scielo.php?script=sci_arttext&pid=S0718-27242009000200005
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