covid
Buscar en
Cuadernos de Economía y Dirección de la Empresa CEDE
Toda la web
Inicio Cuadernos de Economía y Dirección de la Empresa CEDE Las capacidades tecnológicas y los resultados empresariales. Un estudio empíri...
Información de la revista
Vol. 10. Núm. 32.
Páginas 177-210 (septiembre 2007)
Compartir
Compartir
Descargar PDF
Más opciones de artículo
Vol. 10. Núm. 32.
Páginas 177-210 (septiembre 2007)
Open Access
Las capacidades tecnológicas y los resultados empresariales. Un estudio empírico en el sector biotecnológico español
Visitas
2475
F.E. García muiña
, J.E. Navas lópez**
* Departamento de Economía de la Empresa (Admón., Dir y Org.). Universidad Rey Juan Carlos. P.° de los Artilleros, s/n. 28032 Madrid. Teléfono: 914887790
** Departamento de Organización de Empresas. Universidad Complutense de Madrid. Campus de Somosaguas. 28223 Pozuelo de Alarcón. Teléfono: 913942416
Este artículo ha recibido

Under a Creative Commons license
Información del artículo
Resumen
Bibliografía
Descargar PDF
Estadísticas
Resumen

Este trabajo analiza la relación entre distintos tipos de capacidades tecnológicas y el resultado empresarial. Para ello, se propone una clasificación de capacidades y se diseña un modelo sensible a las diferentes estrategias tecnológicas y a las condiciones competitivas a las que se enfrentan las organizaciones. El estudio empírico se ha realizado sobre una muestra de empresas de biotecnología en España. La evidencia empírica refleja que no todas las capacidades tecnológicas tienen los mismos efectos sobre los resultados, ya que el potencial estratégico de tales capacidades depende de su grado de adecuación a las condiciones competitivas. Esto justifica la crítica de ciertos criterios de evaluación estratégica de recursos muy reconocidos en la literatura, y la necesidad de adoptar un enfoque contingente para su estudio.

Palabras clave:
Capacidades tecnológicas
Conocimiento
Resultados y Biotecnología
Abstract

This paper studies the relationship between technological capabilities and firm performance. To achieve this objective, firstly, it is proposed a typology of technological capabilities and, secondly, it is defined a model where different technological strategies and industry structure are both taken into account. The empirical test was developed in the Spanish biotechnology industry. Results show that not all technological capabilities have the same effects on firm performance, as the strategic potential of such capabilities notably depends on competitive conditions. These results justify that certain traditional evaluation criteria for resources and capabilities can be criticized, and the need of contingent views to analyze the role of technological knowledge in firm success.

Key words:
Technological capabilities
Knowledge
Firm Performance
Biotechnology
El Texto completo está disponible en PDF
Referencias Bibliográficas
[Abernathy, 1978]
W.J. Abernathy.
The Productivity Dilemma.
J. Hopkins Press, (1978),
[Abernathy and Utterback, 1978]
W.J. Abernathy, J.M. Utterback.
Patterns of industrial innovation.
Technology Review, 50 (1978), pp. 78-93
[Afuah, 2002]
A. Afuah.
Mapping technological capabilities into product markets and competitive advantage: The case of cholesterol drugs.
Strategic Management Journal, 23 (2002), pp. 171-179
[Albino et al., 2001]
V. Albino, A.C. Garavelli, G. Schiuma.
A metric for measuring knowledge codification in organisational learning.
Technovation, 21 (2001), pp. 413-422
[Amit et al., 1990]
R. Amit, L. Glosten, E. Muller.
Entrepreneurial ability, venture investments, and risk sharing.
Management Science, 36 (1990), pp. 1232-1245
[Amit and Schoemaker, 1993]
R. Amit, P.J.H. Schoemaker.
Strategic assets and organizational rent.
Strategic Management Journal, 14 (1993), pp. 33-46
[Anand and Piskorski, 2000]
Anand, B. y Piskorski, M.J. (2000): Why are networks important? Documento de trabajo n° 00-070 Harvard Business School.
[Anderson, 1999]
P.W. Anderson.
Venture Capital Dynamics and Creation of Variation through entrepreneurship.
Variations in Organization Science: In Honour of Donald T. Campbell, pp. 137-153
[Anderson and Tushman, 1990]
P.W. Anderson, M.L. Tushman.
Technological discontinuities and dominant designs: A cyclical model of technological change.
Administrative Science Quarterly, 35 (1990), pp. 604-633
[Asebio, 2000]
Asebio.
Informe Asebio 2000.
Asociación Española de Bioempresas, (2000),
[Balconi, 2002]
M. Balconi.
Tacitness, codification of technological knowledge, and the organisation of industry.
Research Policy, 31 (2002), pp. 357-379
[Barney, 1991]
J.B. Barney.
Firms resources and sustained competitive advantage.
Journal of Management, 17 (1991), pp. 99-120
[Baum et al., 2000]
J.A.C. Baum, T. Calabrese, B.S. Silverman.
Don’t go it alone: alliance networks and startups’ performance in Canadian biotechnology.
Strategic Management Journal, 21 (2000), pp. 267-294
[Baum and Oliver, 1991]
J.A.C. Baum, C. Oliver.
Institutional linkages and organizational mortality.
Administrative Science Quarterly, 36 (1991), pp. 187-218
[Baum and Silveman, 2004]
J.A.C. Baum, B.S. Silveman.
Picking winners or building them? Alliance, intellectual and human capital as selection criteria in venture financing and performance of biotechnology startups.
Journal of Business Venturing, 19 (2004), pp. 411-436
[Baysinger and Hoskisson, 1989]
B.D. Baysinger, R.E. Hoskisson.
Diversification strategy and R&D intensity in large multi-product firms.
Academy of Management Journal, 32 (1989), pp. 310-332
[Benner and Tushman, 2003]
M.J. Benner, M.L. Tushman.
Exploitation, exploration, and process management: the productivity dilemma revisited.
Academy of Management Review, 28 (2003), pp. 238-256
[Black and Boal, 1994]
J.A. Black, K.B. Boal.
Strategic resources: traits, configurations and paths to sustainable competitive advantage.
Strategic Management Journal, 15 (1994), pp. 131-148
[Boissin and Trommerter, 2001]
J.P. Boissin, M. Trommerter.
Contextes et Practiques du Goveurnement des Enterprises de Biotechnologie.
Lund University Press, (2001),
[Christensen, 1996]
J.F. Christensen.
Analysing the technology base of the firm: a multi-dimensional resource and competence perspective.
Towards a Competence Theory of the Firm, pp. 111-132
[Clark, 1985]
K.B. Clark.
The interaction of design hierarchies and market concepts in technological evolution.
Research Policy, 14 (1985), pp. 235-251
[Conner and Prahalad, 1996]
K.R. Conner, C.K. Prahalad.
A resource-based theory of the firm: knowledge versus opportunism.
Organization Science, 7 (1996), pp. 477-501
[Coombs et al., 2006]
J.E. Coombs, R. Midambi, D.L. Deeds.
An examination of the investments in the U.S. biotechnology firms by foreign and domestic corporate partners.
Journal of Business Venturing, 21 (2006), pp. 405-428
[Cooper and Smith, 1992]
A.C. Cooper, C.G. Smith.
How established firms respond to threatening technologies?.
Academy of Management Executive, 16 (1992), pp. 55-70
[Corolleur et al., 2004]
C.D.F. Corolleur, M. Carrere, V. Mangematin.
Turning scientific and technological human capital into economic capital: the experience of biotech startups in France.
Research Policy, 33 (2004), pp. 631-642
[Crossan and Berdrow, 2003]
M.M. Crossan, I. Berdrow.
Organizational learning and strategic renewal.
Strategic Management Journal, 24 (2003), pp. 1087-1105
[D’Aveni, 1994]
R.A. D’Aveni.
Hypercompetition.
Free Press, (1994),
[Danneels, 2002]
E. Danneels.
The dynamics of product innovation and firm competences.
Strategic Management Journal, 23 (2002), pp. 1095-1121
[De Carolis, 2003]
D.M. De Carolis.
Competences and imitability in the pharmaceutical industry: An analysis of their relationship with firm performance.
Journal of Management, 29 (2003), pp. 27-50
[De Carolis and Deeds, 1999]
D.M. De Carolis, D.L. Deeds.
The impact of stocks and flows of organizational knowledge on firm performance: an empirical investigation on biotechnology industry.
Strategic Management Journal, 20 (1999), pp. 953-968
[Degeus, 1988]
A.P. DeGeus.
Planning as learning.
Harvard Business Review, 66 (1988), pp. 70-74
[DiMaggio and Powell, 1983]
P.J. DiMaggio, W.W. Powell.
The iron cage revisited: institutional isomorphism and collective relationality in organizational fields.
American Sociology Review, 48 (1983), pp. 148-160
[Dosi, 1982]
G. Dosi.
Technological paradigms and technological trajectories: a suggested interpretation of the determinants and directions of technical change.
Research Policy, 11 (1982), pp. 147-162
[Dosi, 1988]
G. Dosi.
Sources, procedures, and microeconomic effects of innovation.
Journal of Economic Literature, 26 (1988), pp. 1120-1171
[Douglas and Ryman, 2003]
T.J. Douglas, J.A. Ryman.
Understanding competitive advantage in the general hospital industry: Evaluating strategic competencies.
Strategic Management Journal, 24 (2003), pp. 333-347
[Eriksen and Mikkelsen, 1996]
B. Eriksen, J. Mikkelsen.
Competitive advantage and the concept of core competence.
Towards a Competence Theory of the Firm, pp. 54-74
[Fama and Jensen, 1983]
E.F. Fama, M.C. Jensen.
Separation of ownership and control.
Journal of Law and Economics, 26 (1983), pp. 301-325
[Figueiredo, 2002]
P.N. Figueiredo.
Does technological learning pay off? Inter-firm differences in technological capability-accumulation paths and operational performance improvement.
Research Policy, 31 (2002), pp. 73-94
[Ghemawat, 1991]
P. Ghemawat.
Market incumbency and technological inertia.
Marketing Science, 10 (1991), pp. 161-171
[Gompers, 1995]
P.A. Gompers.
Optimal investment, monitoring, and the staging of venture capital.
Journal of Finance, 50 (1995), pp. 1461-1489
[Grant, 1991]
R.M. Grant.
The resource-based theory of competitive advantage: implications for strategy formulation.
California Management Review, 34 (1991), pp. 114-135
[Grant, 1996]
R.M. Grant.
Toward a knowledge-based theory of the firm.
Strategic Management Journal, 17 (1996), pp. 109-122
[Guion, 1980]
R.M. Guion.
On Trinitarian doctrines of validity.
Professional Psychology, 11 (1980), pp. 385-389
[Gulati and Higgins, 2003]
R. Gulati, M.C. Higgins.
Which ties matter when? The contingents effects of interorganizational partnership on IPO success.
Strategic Management Journal, 24 (2003), pp. 127-144
[Hall, 1992]
R. Hall.
The strategic analysis of intangible resources.
Strategic Management Journal, 13 (1992), pp. 135-144
[Hall and Hofer, 1993]
J. Hall, C.W. Hofer.
Venture capitalists’ decision criteria and new venture evaluation.
Journal of Business Venturing, 8 (1993), pp. 25-42
[Helfat and Peteraf, 2003]
C.E. Helfat, M.A. Peteraf.
The dynamic resource-based view: Capabilities lifecycles.
Strategic Management Journal, 24 (2003), pp. 997-1010
[Henderson and Cockburn, 1994]
R.M. Henderson, I. Cockburn.
Measuring competence? Exploring firm effects in pharmaceutical research.
Strategic Management Journal, 15 (1994), pp. 63-84
[Hoskisson et al., 1999]
R. Hoskisson, M.A. Hitt, W.P. Wan, D. Yiu.
Theory and Research in Strategic Management: Swings of a Pendulum.
Journal of Management, 25 (1999), pp. 417-456
[Klavans and Deeds, 1997]
R. Klavans, D. Deeds.
Competence building in biotechnology start-up: The role of scientific discovery, technical development, and absorptive capacity.
Strategic Learning and Knowledge Management,
[Knott, 2003]
A.M. Knott.
The organizational routines factor market paradox.
Strategic Management Journal, 24 (2003), pp. 929-943
[Lemarié et al., 2001]
S. Lemarié, V. Mangematin, Torre.
Is the creation and development of biotech SMEs localized? Conclusions drawn from the French case.
Small Business Economics, 17 (2001), pp. 61-76
[Lenox and King, 2004]
M. Lenox, A. King.
Prospects for developing absorptive capacity through internal information provision.
Strategic Management Journal, 25 (2004), pp. 331-345
[Lerner et al., 2003]
J. Lerner, H. Shane, A. Tsai.
Do equity financing cycles matter? Evidence from biotechnology alliances.
Journal of Financial Economics, 67 (2003), pp. 411-446
[Levinthal and March, 1993]
D.A. Levinthal, J.G. March.
The myopia of learning.
Strategic Management Journal, 14 (1993), pp. 95-112
[Majewski, 1998]
S.E. Majewski.
Causes and Consequences of Strategic Alliance Formation: The Case of Biotechnology.
Documento de trabajo Universidad de California- Berkeley, (1998),
[Mangematin et al., 2003]
V. Mangematin, S. Lemarié, J.P. Boissin, D. Catherine, F. Corrolleur, R. Coronini, M. Trommetter.
Development of SMEs and heterogeneity of trajectories: The case of biotechnology firms in France.
Research Policy, 32 (2003), pp. 621-638
[March, 1991]
J.G. March.
Exploration and exploitation in organizational learning.
Organization Science, 2 (1991), pp. 95-112
[Markides and Williamson, 1994]
C.C. Markides, P.J. Williamson.
Related diversification, core competences and corporate performance.
Strategic Management Journal, 13 (1994), pp. 19-65
[Matusik, 2002]
S.F. Matusik.
An empirical investigation of firm public and private knowledge.
Strategic Management Journal, 23 (2002), pp. 457-467
[McEvily and Chakravarthy, 2002]
S.K. McEvily, B. Chakravarthy.
The persistence of knowledge-based advantage: An empirical test for product performance and technological knowledge.
Strategic Management Journal, 23 (2002), pp. 285-305
[Megginson and Weiss, 1991]
W.L. Megginson, K.A. Weiss.
Venture capitalist certification in initial public offerings.
Journal of Finance, 56 (1991), pp. 879-903
[Meyer and Rowan, 1977]
J.W. Meyer, B. Rowan.
Institutional organizations: formal structure as myth and ceremony.
American Journal of Sociology, 83 (1977), pp. 340-363
[Miller, 2003]
D. Miller.
An asymmetry-based view of advantage: towards an attainable sustainability.
Strategic Management Journal, 24 (2003), pp. 961-976
[Miller and Shamsie, 1996]
D. Miller, J. Shamsie.
The resource-based view of the firm in two environments: the Hollywood films studios from 1936 to 1965.
Academy of Management Journal, 39 (1996), pp. 519-543
[Miller et al., 2002]
D. Miller, R. Eisenstat, N. Foote.
Strategy from the inside out: building capabilities-creating organizations.
California Management Review, 44 (2002), pp. 37-54
[Miner et al., 1990]
A.S. Miner, T.L. Amburgey, T. Stearns.
Interorganizational linkages and population dynamics: buffering and transformational shields.
Administrative Science Quarterly, 35 (1990), pp. 689-713
[Mitchell and Singh, 1996]
W. Mitchell, K. Singh.
Survival of business using collaborative relationships to commercialize complex goods.
Strategic Management Journal, 17 (1996), pp. 115-133
[Newbury, 2000]
R. Newbury.
Tech companies lag in board independence.
Investors Relations Business, (2000), pp. 1-2
[Nicholls-Nixon and Woo, 2003]
C.L. Nicholls-Nixon, C.Y. Woo.
Technology sourcing and output of established firms in a regime of encompassing technological change.
Strategic Management Journal, 24 (2003), pp. 651-666
[Nilsson, 2001]
A. Nilsson.
Biotechnology firms in Sweden.
Small Business Economics, 17 (2001), pp. 93-103
[Nonaka and Takeuchi, 1995]
I. Nonaka, H. Takeuchi.
The Knowledge-Creating Company.
Oxford University Press, (1995),
[Oliver, 2004]
A.L. Oliver.
Biotechnology entrepreneurial scientists and their collaborations.
Research Policy, 33 (2004), pp. 583-597
[Peteraf, 1993]
M.A. Peteraf.
The cornerstones of competitive advantage: a resource-based view.
Strategic Management Journal, 14 (1993), pp. 179-191
[Podolny, 1993]
J.M. Podolny.
A status-based model of market competition.
American Journal of Sociology, 98 (1993), pp. 829-872
[Porter, 1994]
M.E. Porter.
Toward a dynamic theory of strategy.
Fundamental Issues in Strategy: A Research Agenda, pp. 423-461
[Prahalad and Hamel, 1990]
C.K. Prahalad, G. Hamel.
The core competence of the corporation.
Harvard Business Review, (1990), pp. 79-91
[Reilly and Brown, 1999]
F.K. Reilly, K.C. Brown.
Investment Analysis and Portfolio Management.
Southwestern College Publishing, (1999),
[Rothaermel and Deeds, 2004]
F.T. Rothaermel, D.L. Deeds.
Exploration and exploitation alliances in biotechnology: A system of new product development.
Strategic Management Journal, 25 (2004), pp. 201-221
[Ruiz-Maya Pérez and Martín Pliego, 1995]
L. Ruiz-Maya Pérez, F.J. Martín Pliego.
Estadística II: Inferencia.
Editorial AC, (1995),
[Sahal, 1985]
Sahal.
Technological guidepost and innovation avenues.
Research Policy, 14 (1985), pp. 61-82
[Sanders and Boivie, 2004]
W.M.G. Sanders, S. Boivie.
Sorting things out: valuation of new firms in uncertain markets.
Strategic Management Journal, 25 (2004), pp. 167-186
[Saviotti et al., 1998]
P.P. Saviotti, P.B. Joly, J. Estades, S. Ramani, M.A. de Looze.
The creation of European dedicated biotechnology firms.
Europe's Firms and the US Challenge, pp. 68-88
[Schroeder et al., 2002]
R.G. Schroeder, K.A. Bates, M.A. Junttila.
A resource-based view of manufacturing strategy and the relationship to manufacturing performance.
Strategic Management Journal, 23 (2002), pp. 105-117
[Schumpeter, 1934]
J. Schumpeter.
The Theory of Economic Development.
Harvard University Press, (1934),
[Schumpeter, 1950]
J. Schumpeter.
Capitalism, Socialism, and Democracy.
Harper, (1950),
[Siegel and Castellan, 1988]
S. Siegel, N. Castellan.
Non Parametric Statistics for the Behavioral Sciences.
McGraw-Hill, (1988),
[Spence, 1974]
A.M. Spence.
Market Signaling: Information Transfer in Hiring and Related Processes.
Harvard University Press, (1974),
[Spender, 1996]
J.C. Spender.
Making knowledge the basis of a dynamic theory of the firm.
Strategic Management Journal, 17 (1996), pp. 45-62
[Stephan and Everahrt, 1998]
P. Stephan, S. Everahrt.
The changing rewards to science: the case of biotechnology.
Small Business Economics, 10 (1998), pp. 141-151
[Stuart, 2000]
T.E. Stuart.
Interorganizational alliances and the performance of firms: A study of growth and innovation rates in a high-technology industry.
Strategic Management Journal, 21 (2000), pp. 791-811
[Stuart et al., 1999]
T.E. Stuart, H. Hoang, R.C. Hybels.
Interorganizational endorsements and the performance of entrepreneurial ventures.
Administrative Science Quarterly, 44 (1999), pp. 315-349
[Suárez, 2004]
F.F. Suárez.
Battles for technological dominance: an integrative framework.
Research Policy, 33 (2004), pp. 271-286
[Szulanski, 1996]
G. Szulanski.
Exploring internal stickiness: Impediments to the transfer of best practice within the firm.
Strategic Management Journal, 17 (1996), pp. 27-43
[Teece, 1992]
D.J. Teece.
Competition, cooperation and innovation.
Journal of Economic Behavior and Organization, 18 (1992), pp. 1-25
[Teece et al., 1997]
D.J. Teece, G. Pisano, A. Shuen.
Dynamic capabilities and strategic management.
Strategic Management Journal, 18 (1997), pp. 509-533
[Teng and Cummings, 2002]
B. Teng, J.L. Cummings.
Trade-offs in managing resources and capabilities.
Academy of Management Executive, 16 (2002), pp. 81-91
[Thomke and Kuemmerle, 2002]
S. Thomke, W. Kuemmerle.
Asset accumulation, interdependence and technological change: evidence from pharmaceutical drug discovery.
Strategic Management Journal, 23 (2002), pp. 619-635
[Tripsas, 1997]
M. Tripsas.
Unraveling the process of creative destruction: complementary assets and incumbent survival in the typesetter industry.
Strategic Management Journal, 18 (1997), pp. 119-142
[Tsai, 2004]
K.H. Tsai.
The impact of technological capability on firm performance in Taiwan's electronics industry.
The Journal of High Technology Management Research, 15 (2004), pp. 183-195
[Tushman and Anderson, 1986]
M.L. Tushman, P. Anderson.
Technological discontinuities and organizational environments.
Administrative Science Quarterly, 31 (1986), pp. 439-466
[Tushman and Rosenkopf, 1992]
M.L. Tushman, L. Rosenkopf.
Organizational determinants of technological change: toward a sociology of technological evolution.
Research in Organizational Behavior, pp. 311-347
[Utterback, 1994]
J.M. Utterback.
Mastering the Dynamics of Innovation.
Harvard Business School Press, (1994),
[Utterback and Abernathy, 1975]
J.M. Utterback, W.J. Abernathy.
A dynamic model of product and process innovation.
Omega, 3 (1975), pp. 639-656
[Utterback and Suárez, 1993]
J.M. Utterback, F.F. Suárez.
Technology, competition and industry structure.
Research Policy, 22 (1993), pp. 1-21
[Walker et al., 1997]
G. Walker, B. Kougt, W.J. Shan.
Social capital, structural holes and the formation of an industry network.
Organization Science, 8 (1997), pp. 109-125
[Weiss, 1995]
A. Weiss.
Human capital vs. signaling explanations of wages.
Journal of Economic Perspectives, 9 (1995), pp. 133-154
[Westphal, 1999]
J.D. Westphal.
Collaboration in the boardroom: behavioral and performance consequences of ceo-board social ties.
Academy of Management Journal, 42 (1999), pp. 7-24
[Wernerfelt, 1984]
B. Wernerfelt.
A resource-based view of the firm.
Strategic Management Journal, 5 (1984), pp. 171-180
[Wiklund and Shepherd, 2003]
J. Wiklund, D. Shepherd.
Knowledge-based resources, entrepreneurial orientation, and the performance of small and medium-sized business.
Strategic Management Journal, 24 (2003), pp. 1307-1314
[Winter, 2003]
S.G. Winter.
Understanding dynamic capabilities.
Strategic Management Journal, 24 (2003), pp. 991-995
[Yeoh and Roth, 1999]
P. Yeoh, K. Roth.
An empirical analysis of sustained advantage in the U.S. pharmaceutical industry: impact of firms’ resources and capabilities.
Strategic Management Journal, 20 (1999), pp. 637-653
[Yli-Renko et al., 2001]
H. Yli-Renko, E. Autio, H.J. Sapienza.
Social capital, knowledge acquisition, and knowledge exploitation in young technology-based firms.
Strategic Management Journal, 22 (2001), pp. 587-613
[Zahra and Nielsen, 2002]
S.A. Zahra, A.P. Nielsen.
Sources of capabilities, integration and technology commercialization.
Strategic Management Journal, 23 (2002), pp. 377-398
[Zott, 2003]
C. Zott.
Dynamic capabilities and the emergence of intra-industry differential firm performance: Insights from a simulation study.
Strategic Management Journal, 24 (2003), pp. 97-125
[Zucker et al., 1998]
L.G. Zucker, M.R. Darby, M.B. Brewer.
Intellectual human capital and the birth of U.S. biotechnology enterprises.
American Economic Review, 88 (1998), pp. 290-306

Los autores agradecen los comentarios y sugerencias de los evaluadores anónimos, que contribuyeron a la mejora del presente artículo.

Copyright © 2007. ACEDE
Opciones de artículo
es en pt

¿Es usted profesional sanitario apto para prescribir o dispensar medicamentos?

Are you a health professional able to prescribe or dispense drugs?

Você é um profissional de saúde habilitado a prescrever ou dispensar medicamentos