Title :
The Impact of Scientific Capability on Valuable Innovation
Author :
Annapoornima, M.S. ; Soh, Pek-Hooi
Author_Institution :
Dept. of Decision Sci., Nat. Univ. of Singapore
Abstract :
Our paper tests the influence of two types of capabilities of firms (1) capability to generate scientific knowledge (2) capability to apply scientific knowledge to technology development, on their innovation performance. Capability to generate scientific knowledge is measured based on the extent to which the firm has generated scientific publications. Capability to apply scientific knowledge to technology development is measured based on the extent to which the firm refers to scientific publications in its patents. Our results show that firms´ competency in science as revealed by its scientific publications does not guarantee valuable innovation. It is only through their capability of applying scientific knowledge to technology development process that firms can transform their scientific competency into valuable innovation. The main contribution of our research is that firms need to be adept in bridging the gap between their scientific capability and technology development process so as to create valuable innovation
Keywords :
innovation management; organisational aspects; patents; technology management; firm capabilities; patents; scientific knowledge capability; scientific publications; technology development; valuable innovation; Acceleration; Biological systems; Biotechnology; Bridges; Educational institutions; Environmental economics; Paper technology; Technological innovation; Testing;
Conference_Titel :
Management of Innovation and Technology, 2006 IEEE International Conference on
Conference_Location :
Singapore, China
Print_ISBN :
1-4244-0147-X
Electronic_ISBN :
1-4244-0148-8
DOI :
10.1109/ICMIT.2006.262179
