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AMT adoption and innovation : an investigation of dynamic and complementary effects
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Bourke, Jane and Roper, Stephen (2016) AMT adoption and innovation : an investigation of dynamic and complementary effects. Technovation, 55-56 . pp. 42-55. doi:10.1016/j.technovation.2016.05.003 ISSN 0166-4972.
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Official URL: http://doi.org/10.1016/j.technovation.2016.05.003
Abstract
The ability to innovate successfully is a key corporate capability, depending strongly on firms’ access to knowledge capital: proprietary, tacit and embodied. Here, we focus on one specific source of knowledge – advanced manufacturing technologies or AMTs – and consider its impact on firms’ innovation success. AMTs relate to a series of process innovations which enable firms to take advantage of numerical and
digital technologies to optimise elements of a manufacturing process. Using panel data for Irish manufacturing plants we identify lengthy learning-by-using effects in terms of firms’ ability to derive innovation benefits from AMT adoption. Disruption effects are evident in the short-term while positive innovation benefits occur six-plus years after adoption. Strong complementarities between simultaneously adopted
AMTs suggest the value of disruptive rather than incremental AMT implementation strategies.
Item Type: | Journal Article | ||||||||
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Divisions: | Faculty of Social Sciences > Warwick Business School | ||||||||
Journal or Publication Title: | Technovation | ||||||||
Publisher: | Elsevier Ltd. | ||||||||
ISSN: | 0166-4972 | ||||||||
Official Date: | October 2016 | ||||||||
Dates: |
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Volume: | 55-56 | ||||||||
Page Range: | pp. 42-55 | ||||||||
DOI: | 10.1016/j.technovation.2016.05.003 | ||||||||
Status: | Peer Reviewed | ||||||||
Publication Status: | Published | ||||||||
Access rights to Published version: | Restricted or Subscription Access | ||||||||
Date of first compliant deposit: | 20 June 2016 | ||||||||
Date of first compliant Open Access: | 16 June 2018 |
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