Firm capabilities, technological dynamism and the internationalisation of innovation: A behavioural approach
Volume: 49, Issue: 1, Pages: 70 - 95
Published: Sep 1, 2017
Abstract
We develop a behavioural framework of bounded rational decision-making under uncertainty to analyse the role of technological dynamism in the firm’s environment for its decision to internationalise innovation. Applying prospect theory, we argue that technological uncertainty in the firm’s environment affects its risk preferences differently depending on its technological capabilities. A key prediction is that firms with low capabilities will...
Paper Details
Title
Firm capabilities, technological dynamism and the internationalisation of innovation: A behavioural approach
Published Date
Sep 1, 2017
Volume
49
Issue
1
Pages
70 - 95
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