Innovation, competitive advantage and rent: A model and test

• 成果类型: Article
• 署名作者: McGrath, RG; Tsai, MH; Venkataraman, S; MacMillan, IC
• 署名单位: National Central University; University of Pennsylvania
• 刊物名称: MANAGEMENT SCIENCE
• ISSN/ISSBN: 0025-1909
• DOI: 10.1287/mnsc.42.3.389
• 发表日期: 1996
• 页码: 389-403
• 关键词: innovation; Competitive advantage; LISREL analysis; COMPETENCES; capabilities

摘要

Four antecedents, it is argued, are necessary precursors for a firm to capture rents from innovation. The antecedents are causal understanding; innovation team proficiency; emergence and mobilization of new competences; and creation of competitive advantages, each of which are conceptually distinct and precisely defined in the paper. These constructs are linked together in a stage model and subsequently operationalized and tested using LISREL. Substantial support is found for the central thesis, that achieving each of the four antecedent processes increases the predicted rents from an innovation project.