The R&D boundaries of the firm : a problem solving perspective

Huang, Shaopeng and Holden, Darryl (2016) The R&D boundaries of the firm : a problem solving perspective. International Journal of the Economics of Business. pp. 1-31. ISSN 1357-1516

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    Abstract

    This paper considers, theoretically and empirically, how different organization modes are aligned to govern the efficient solving of technological problems. The data set is from the Chinese consumer electronics industry. Following the problem solving perspective (PSP) within the knowledge-based view (KBV), we develop and test several PSP and KBV hypotheses, whilst controlling for some relevant transaction cost economics (TCE) and other variables, in an examination of the determinants of the firms’ R&D organization choice. The results show that a firm’s existing knowledge base is the most important explanatory factor. Problem complexity and decomposability are also found to be important, but it is suggested, contrary to the view of PSP, that they are better treated as separate variables, and that equity-based alliances tend to be reserved for the most complex problems.

    Creators(s): Huang, Shaopeng and Holden, Darryl ORCID logoORCID: https://orcid.org/0000-0002-4333-6116;
    Item type:Article
    ID code:57667
    Keywords:problem solving perspective, knowledge-based view, firm boundaries, organization choice, Economic Theory, Economics and Econometrics
    Subjects:Social Sciences > Economic Theory
    Department:Strathclyde Business School > Economics
    Depositing user: Pure Administrator
    Date deposited:02 Sep 2016 13:06
    Last modified:28 May 2020 00:58
    Related URLs:
    URI:https://strathprints.strath.ac.uk/id/eprint/57667
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