Post by account_disabled on Jan 1, 2024 10:24:13 GMT 3
Strategic Organization, vol. (Year and month): . In this study, my co-authors and I set out to explore the interdependencies between various factors that may influence innovation success, and whether these factors work effectively together to help promote greater innovation. In particular, we examine the relationship between a firm's intellectual capital (the knowledge an organization knows through the patents it codifies), human capital (the proportion of the firm's scientific staff consisting of star scientists, measured by prior innovation success), and collaborative capital (The company’s alliance portfolio and ability to work with others). We used data from biotechnology.
companies founded between Analysis of the data found that, to a statistically significant extent, developing greater human capital in the form of a higher proportion of star scientists reduces the likelihood that a firm will develop new intellectual capital. Apparently, the presence of star Job Function Email List scientists reduces a company's creativity because they rely on existing knowledge to solve technical problems rather than seeking new ideas and solutions. We also find that high levels of collaboration through alliances foster innovation because it encourages the free exchange of ideas among people who must work together to discover new solutions to problems However.
the presence of high-level star scientists (human capital) inhibits innovation and collaboration. Stars may have too much vested interest in their current thought processes, and organizations may have too much vested interest in their stars to seek collaboration or new intellectual capital. Therefore, from our research, it appears that star culture has a dark side in an innovative organization. About the Author Daniel Chabal is an Assistant Professor of Entrepreneurship and Strategy at the University of Central Florida. He sincerely acknowledges the contribution of the Management Professor at the University of Central Florida in the preparation of this article Tags.
companies founded between Analysis of the data found that, to a statistically significant extent, developing greater human capital in the form of a higher proportion of star scientists reduces the likelihood that a firm will develop new intellectual capital. Apparently, the presence of star Job Function Email List scientists reduces a company's creativity because they rely on existing knowledge to solve technical problems rather than seeking new ideas and solutions. We also find that high levels of collaboration through alliances foster innovation because it encourages the free exchange of ideas among people who must work together to discover new solutions to problems However.
the presence of high-level star scientists (human capital) inhibits innovation and collaboration. Stars may have too much vested interest in their current thought processes, and organizations may have too much vested interest in their stars to seek collaboration or new intellectual capital. Therefore, from our research, it appears that star culture has a dark side in an innovative organization. About the Author Daniel Chabal is an Assistant Professor of Entrepreneurship and Strategy at the University of Central Florida. He sincerely acknowledges the contribution of the Management Professor at the University of Central Florida in the preparation of this article Tags.