THE IMPACT OF LOCAL DEMAND ON INNOVATION IN A GLOBAL INDUSTRY

• 成果类型: Article
• 署名作者: Fabrizio, Kira R.; Thomas, L. G.
• 署名单位: Duke University; Emory University
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.942
• 发表日期: 2012
• 页码: 42-64
• 关键词: LOCALIZATION; INNOVATION; demand knowledge; multinational firms; pharmaceuticals

摘要

Localization of knowledge flows has been extensively examined in the literature on innovation. However, almost all previous research has focused on technological knowledge. This study examines why knowledge of demand can also be tacit and localized. We provide a detailed empirical study of the global pharmaceutical industry and find not only that demand is as important as technological knowledge in determining the pattern of innovation in this industry but also that innovation is a locally determined phenomenon. These findings contribute to research regarding determinants of innovations and provide an explanation for geographic patterns of innovation that is distinct from technological knowledge spillovers. Copyright (C) 2011 John Wiley & Sons, Ltd.