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Technical Knowledge-Seeking In A Young And Growing Technology-Based Firm: Incentives And Direction

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  • RÖGNVALDUR J. SAEMUNDSSON

    (School of Business, Reykjavik University, Iceland)

Abstract

The purpose of the paper is to investigate technical knowledge-seeking activities in young and growing technology-based firms. Changes in technical knowledge-seeking activities were traced using a single illustrative case study of a young and growing technology-based firm. The results of the study show how strong commitment to the business concept of the emerging firm affected the direction of technical knowledge-seeking in a way that increases the vulnerability of the firm. New employees who were not as familiar with or committed to the original business concept brought with them different incentives for knowledge-seeking, which lead to search in new directions. These knowledge-seeking activities were important for the renewal of the firm's knowledge base. It is therefore suggested that differences in individual incentives may affect the direction of technical knowledge-seeking activities, and correspondingly, that multiple incentives are an important source of diversity in technical knowledge creation.

Suggested Citation

  • Rögnvaldur J. Saemundsson, 2004. "Technical Knowledge-Seeking In A Young And Growing Technology-Based Firm: Incentives And Direction," International Journal of Innovation Management (ijim), World Scientific Publishing Co. Pte. Ltd., vol. 8(04), pages 399-429.
    • Handle: RePEc:wsi:ijimxx:v:08:y:2004:i:04:n:s136391960400112x
    DOI: 10.1142/S136391960400112X
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    Cited by:

    1. Vijaya Sherry Chand & Sasi Misra, 2009. "Teachers as Educational-Social Entrepreneurs," Journal of Entrepreneurship and Innovation in Emerging Economies, Entrepreneurship Development Institute of India, vol. 18(2), pages 219-228, July.

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