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Author: | Macher, J.T. Boerner, C.S. |
Title: | Experience and scale ans scope in economies: trade-offs and performance in development |
Journal: | Strategic Management Journal
2006 : SEP, VOL. 27:9, p. 845-865 |
Index terms: | development experience knowledge |
Language: | eng |
Abstract: | This article investigates how knowledge created by firm experience and scale and scope economies affect performance in firms' development activities. The empirical findings indicate that each factor has a significant impact on development performance. Furthermore, knowledge that results from greater experience within a particular technological area, when combined with knowledge spillovers from greater scope in other technological areas, notably improves development performance. The authors suggest that experience shapes and facilitates firms' abilities to absorb knowledge spillovers. |
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