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- Brattström, Anna, et al.
(author)
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Similar, yet different: a comparative analysis of the role of trust in radical and incremental product innovation
- 2015
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In: International Journal of Innovation Management. - : World Scientific Publishing. - 1363-9196. ; 19:4
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Journal article (peer-reviewed)abstract
- Trust within teams is a central performance driver in product innovation. In this paper, we examine the antecedents to and performance implications of trust in firms engaged in radical innovation compared to those working towards incremental innovations. Our findings suggest that systematic processes and structures are significantly linked to trust in firms conducting radical innovation, but not so in firms conducting incremental innovation. Our findings also indicate that trust is significantly linked to business performance in radical innovation firms, although we do not find that the link between trust and performance is stronger for radical innovation firms, compared to incremental innovation firms. A central contribution of our study is therefore a better understanding of how trust operates differently in radical innovation firms, compared to incremental innovation firms. Our findings are of interest to research on radical innovation management, as well as to researchers studying the role of trust in a context of product innovation.
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- Löfsten, Hans, 1963
(author)
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Business and innovation resources: determinants for the survival of new technology-based firms
- 2016
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In: Management Decision. - 0025-1747. ; 54:1, s. 88-106
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Journal article (peer-reviewed)abstract
- Purpose - The purpose of this paper is to analyze how new technology- based firms' (NTBF) business and innovation resources affect firm survival. Design/methodology/approach - The study leverages a data set comprised of 131 Swedish NTBFs located in 16 incubators. The first part of the analysis investigates the determinants of firm survival, and the second presents a statistical analysis. The business resources examined in this study consist of business planning and localization variables and four latent variables are developed. Patents at the firm start or during the firm's first three years are considered as innovation resources. Findings - First, this study shows that the latent business plans variable has a significant positive connection with firm survival. Second, patent development during firms' initial years is critical to firm survival. Originality/value - This study is longitudinal, with the first data collection occurring in 2005 and the second in 2014. The firms' 2013 annual reports suggest that the firms' survival rate is 55 percent. This longitudinal research that spans eight years shows how the development of patents is highly significant to firm survival.
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- Löfsten, Hans, 1963
(author)
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Critical resource dimensions for development of patents - An analysis of 131 new technology-based firms Localised in incubators
- 2015
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In: International Journal of Innovation Management. - 1363-9196. ; 19:1, s. Art. no. 1550006-
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Journal article (peer-reviewed)abstract
- The purpose of this study is to analyse critical resource dimensions for development of patents for these new technology-based firms. The empirical base is 131 new technology-based firms in five high-tech industries: Software/information technology, technology consultants, electronics/electrical, pharmacology and pharmaceutical preparation and mechanics, localised on 16 incubators in Sweden. The incubators in this study are all affiliated to a university. The 131 localised new technology-based firms that answered the questionnaire were rather young (mean 2.76 years) and small (mean 2.07 employees). Five hypotheses were developed from the literature and statistical methods such as factor analysis, correlation and regression analysis were used. The study presents a significant model in several resource dimensions. The study shows that the most important resource dimensions (latent variables) are R&D network, lawyers and patent councils, business competition and university/incubator that will affect development of patents in a positive way.
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- Löfsten, Hans, 1963
(author)
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From practice to structures: The link between project-level knowledge creation and firm-level systematic information structures
- 2016
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In: Journal of General Management. - : SAGE Publications. - 0306-3070 .- 1759-6106. ; 42:1, s. 79-100
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Journal article (peer-reviewed)abstract
- This paper addresses the important topic of how project-level processes of knowledge creation result in firm-level routines for information storage and knowledge dissemination. Using data from 99 Swedish medium-sized technology firms pursuing R&D and product innovation activities, the study finds that project-level knowledge creation is significantly linked to firm-level routines for knowledge storage and dissemination. Building on the established SECI (Socialisation, Externalisation, Combination, and Internalisation) model, the study shows that project-level knowledge creation processes and firm-level knowledge dissemination routines are closely related though conceptually distinct. Moreover, while studies on the SECI model have implicitly assumed that all four knowledge-creation modes are equally important, this study's findings indicate that modes related to tacit knowledge creation (i.e. socialisation) are related to firm-level knowledge routines more closely than are modes related to explicit knowledge creation. These findings offer important contributions to the literature on knowledge creation in firms and helpful guidance for managers seeking to systematise information.
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- Löfsten, Hans, 1963
(author)
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Industrialization of hybrid electric vehicle technology: identifying critical resource dimensions
- 2016
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In: Journal of Technology Transfer. - : Springer Science and Business Media LLC. - 0892-9912 .- 1573-7047. ; 41:2, s. 349-367
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Journal article (peer-reviewed)abstract
- The purpose of this study is to identify critical resource dimensions for the industrialization of hybrid electric vehicle technology. This study focuses on small- and medium-sized technology-based firms in Sweden that employ between 1 and 500 employees and that could be potential suppliers of hybrid electric vehicle technology. The empirical data were collected using a survey (questionnaire) and it covers 40 technology-based firms in eight industrial branches in Sweden. We have included 18 variables in order to identify critical resources regarding Business and R&D networks in three dimensions: ideas and advice, production, and R&D. Two regression models developed for battery systems and battery cells have significant findings. Networks with universities and consultants are especially important. One operative way is building strategic alliances with other firms. The main contributions of this study are empirical support that network resources are necessary and important in battery systems and battery cells and, more broadly, networks are necessary systems for technology shifts in the hybrid electric vehicle industry.
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- Löfsten, Hans, 1963
(author)
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Innovation performance and organizational capabilities in the Swedish hybrid electric vehicle technology: A study of 40 SMEs
- 2017
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In: International Journal of Technology Management and Sustainable Development. - : Intellect. - 1474-2748. ; 16:1, s. 49-69
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Journal article (peer-reviewed)abstract
- This study identifies the important organizational capabilities for innovation performance in the hybrid electric vehicle technology sector. Specifically, we focus on small and medium-sized technology-based firms in Sweden. The empirical data, collected by using a questionnaire, cover 40 technology-based firms from eight industrial branches. We use eighteen variables to identify the important organizational capabilities related to markets and business competition by including indicators for each of these capabilities in two regression models. The results offer empirical evidence that these organizational capabilities are important for mainly radical innovation in the hybrid electric vehicle technology industry. This study thus contributes by exploring how businesses can link organizational capabilities in a competitive business environment. Both patent (radical innovation) and product development require firm development and R&D; however, patent development also requires internationalization. These results offer useful implications for policy-makers and firm managers, who can manage firms based on R&D and business dimensions to support their development in this sector.
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