IDEAS home Printed from https://ideas.repec.org/a/bla/stratm/v33y2012i3p231-251.html
   My bibliography  Save this article

Insecure Advantage? Markets for Technology and the Value of Resources for Entrepreneurial Ventures

Author

Listed:
  • Ashish Arora
  • Anand Nandkumar

Abstract

We study how the impact of capabilities for performance is contingent upon the environment. Using a novel dataset of information security start‐ups, we study how markets for technology change the relative impact of technology and marketing capabilities on performance. Since internal technical effort enables firms to generate technology inputs instead of acquiring them from the market (substitute), a greater supply of technology diminishes the importance of technical ability as a source of competitive advantage. Moreover, since marketing capability complements technology inputs, a greater supply of technology enhances the impact of marketing capability on performance. Copyright © 2011 John Wiley & Sons, Ltd.

Suggested Citation

  • Ashish Arora & Anand Nandkumar, 2012. "Insecure Advantage? Markets for Technology and the Value of Resources for Entrepreneurial Ventures," Strategic Management Journal, Wiley Blackwell, vol. 33(3), pages 231-251, March.
    • Handle: RePEc:bla:stratm:v:33:y:2012:i:3:p:231-251
    DOI: 10.1002/smj.953
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/smj.953
    Download Restriction: no
    File URL: https://libkey.io/10.1002/smj.953?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Carnevale, Marina & Nachum, Lilac & Korn, Helaine, 2017. "Why does MNE performance vary across countries?," International Business Review, Elsevier, vol. 26(6), pages 1196-1207.
    2. Peters, Bettina & Diekhof, Josefine & Grimpe, Christoph & Marks, Hannes & Sofka, Wolfgang, 2023. "Machbarkeitsstudie Technologiemärkte," Studien zum deutschen Innovationssystem 8-2023, Expertenkommission Forschung und Innovation (EFI) - Commission of Experts for Research and Innovation, Berlin.
    3. Bei, Xiaoshu, 2019. "Trademarks, specialized complementary assets, and the external sourcing of innovation," Research Policy, Elsevier, vol. 48(9), pages 1-1.
    4. Verma, Pratima & Kumar, Vimal & Yalcin, Haydar & Daim, Tugrul, 2023. "Organizational architecture of strategic entrepreneurial firms for digital transformation: A bibliometric analysis," Technology in Society, Elsevier, vol. 75(C).
    5. Ashish Arora & Michelle Gittelman & Sarah Kaplan & John Lynch & Will Mitchell & Nicolaj Siggelkow & Deepa Mani & Anand Nandkumar, 2016. "The differential impacts of markets for technology on the value of technological resources: An application of group-based trajectory models," Strategic Management Journal, Wiley Blackwell, vol. 37(1), pages 192-205, January.
    6. Lee Branstetter & Neil Gandal & Nadav Kuniesky, 2017. "Network-Mediated Knowledge Spillovers: A Cross-Country Comparative Analysis of Information Security Innovations," NBER Working Papers 23808, National Bureau of Economic Research, Inc.
    7. Marx, Matt & Hsu, David H., 2015. "Strategic switchbacks: Dynamic commercialization strategies for technology entrepreneurs," Research Policy, Elsevier, vol. 44(10), pages 1815-1826.
    8. Castaldi, Carolina, 2018. "To trademark or not to trademark: The case of the creative and cultural industries," Research Policy, Elsevier, vol. 47(3), pages 606-616.
    9. de Leeuw, Tim & Gilsing, Victor & Duysters, Geert, 2019. "Greater adaptivity or greater control? Adaptation of IOR portfolios in response to technological change," Research Policy, Elsevier, vol. 48(6), pages 1586-1600.
    10. Peters, Bettina & Diekhof, Josefine & Marks, Hannes & Grimpe, Christoph & Sofka, Wolfgang, 2021. "Machbarkeitsstudie "Technologiemärkte". Bericht an die Expertenkommission für Forschung und Innovation: Abschlussbericht (10.05.2021)," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, number 243274.
    11. Jane Boeske & Peter A. Murray, 2022. "The Intellectual Domains of Sustainability Leadership in SMEs," Sustainability, MDPI, vol. 14(4), pages 1-19, February.
    12. Ciaramella, Laurie, 2023. "Taxation and the transfer of patents: Evidence from Europe," European Economic Review, Elsevier, vol. 151(C).
    13. Peters, Bettina & Marks, Hannes & Trunschke, Markus & Grimpe, Christoph & Sofka, Wolfgang & Czarnitzki, Dirk, 2023. "Schwerpunktstudie Technologiemärkte," Studien zum deutschen Innovationssystem 9-2023, Expertenkommission Forschung und Innovation (EFI) - Commission of Experts for Research and Innovation, Berlin.
    14. Castaldi Carolina & Mafini Dosso, 2018. "From R&D to market: using trademarks to capture the market capability of top R&D investors," JRC Working Papers on Corporate R&D and Innovation 2018-01, Joint Research Centre.
    15. Grimpe, Christoph & Sofka, Wolfgang & Schulz, Philipp & Borchhardt, Geoffrey Thilo, 2019. "Markets for technology in Europe: Mapping demand and its drivers," ZEW Discussion Papers 19-043, ZEW - Leibniz Centre for European Economic Research.
    16. Laurie Ciaramella & Catalina Martínez & Yann Ménière, 2017. "Tracking patent transfers in different European countries: methods and a first application to medical technologies," Scientometrics, Springer;Akadémiai Kiadó, vol. 112(2), pages 817-850, August.
    17. Vivek Tandon & Navid Asgari & Ram Ranganathan, 2023. "Divestment of relational assets following acquisitions: Evidence from the biopharmaceutical industry," Strategic Management Journal, Wiley Blackwell, vol. 44(4), pages 1013-1052, April.
    18. Carlos J. Serrano & Rosemarie Ziedonis, 2018. "How Redeployable are Patent Assets? Evidence from Failed Startups," NBER Working Papers 24526, National Bureau of Economic Research, Inc.
    19. Hsu, Sean Tsu-Hsiang & Iriyama, Akie & Prescott, John E., 2016. "Lost in Translation or Lost in Your Neighbor's Yard: The Moderating Role of Leverage and Protection Mechanisms for the MNC Subsidiary Technology Sourcing–Performance Relationship," Journal of International Management, Elsevier, vol. 22(1), pages 84-99.
    20. Ralitza Nikolaeva, 2014. "Post-shakeout Performance, Survivor Bias and the Meaning of Success," Working Papers Series 2 14-04, ISCTE-IUL, Business Research Unit (BRU-IUL).
    21. Yang, Jie, 2018. "Subnational Institutions and Location Choice of Emerging Market Firms," Journal of International Management, Elsevier, vol. 24(4), pages 317-332.
    22. Weiguo Zhong & Ya Lin & Danxue Gao & Haibin Yang, 2019. "Does politician turnover affect foreign subsidiary performance? Evidence in China," Journal of International Business Studies, Palgrave Macmillan;Academy of International Business, vol. 50(7), pages 1184-1212, September.
    23. Gandal Neil & Kunievsky Nadav & Branstetter Lee, 2021. "Network-Mediated Knowledge Spillovers in ICT/Information Security," Review of Network Economics, De Gruyter, vol. 19(2), pages 85-114, January.
    24. Rosa Jordá-Borrell & Francisca Ruiz-Rodríguez & Reyes González-Relaño, 2015. "Factors and taxonomy of technology purchase (TP) by internationalized innovative companies in peripheral European regions," Papers in Regional Science, Wiley Blackwell, vol. 94, pages 139-174, November.
    25. Grimpe, Christoph & Sofka, Wolfgang, 2016. "Complementarities in the search for innovation—Managing markets and relationships," Research Policy, Elsevier, vol. 45(10), pages 2036-2053.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:bla:stratm:v:33:y:2012:i:3:p:231-251. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1111/0143-2095 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.