Knowledge sharing, social capital and firm performance in technological clusters of Taiwan Science Parks: An innovation strategy perspective

Ming Huei Chen, Hong Yan Wang, Yu Yu Chang, Ava Hung

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

Many scholars illustrate that innovation is the most important determinant of technological firm performance and the existing evidence has indicated the crucial role of knowledge flow and social interaction among partners in innovation activities, but little research has linked knowledge sharing and social capital with firm performance from a holistic perspective of innovation strategy. This paper, therefore, aims to explore the relationships between knowledge sharing, social capital, and firm performance with regard to the effects of innovation strategies, which consist of collaboration strategy, in-house R&D strategy, and outsourcing strategy. To test the proposed hypotheses in this study, a sample of 209 technology-based companies in Taiwan Science Parks was examined through structural equation modeling. A variety of research stream, including innovation, systemic innovation, strategic alliance, knowledge management and social capital, has been used as theoretical lens in this paper. By embracing multiple perspectives, the paper's findings contribute to a better understanding of how collaborative knowledge sharing and social capital impact firm performance through affecting the three distinct innovation strategies. Based on our empirical findings, managerial implications to technological firm leaders and interesting phenomena in clustered Science Parks are discussed.

Original languageEnglish
Title of host publicationPICMET 2014 - Portland International Center for Management of Engineering and Technology, Proceedings
Subtitle of host publicationInfrastructure and Service Integration
EditorsDundar F. Kocaoglu, Gary Perman, Dilek Cetindamar Kozanoglu, Tugrul U. Daim, Timothy R. Anderson, Kiyoshi Niwa
PublisherInstitute of Electrical and Electronics Engineers Inc.
Pages1040-1054
Number of pages15
ISBN (Electronic)9781890843304
Publication statusPublished - 2014 Oct 10
Event2014 Portland International Center for Management of Engineering and Technology, PICMET 2014 - Kanazawa, Japan
Duration: 2014 Jul 272014 Jul 31

Publication series

NamePICMET 2014 - Portland International Center for Management of Engineering and Technology, Proceedings: Infrastructure and Service Integration

Other

Other2014 Portland International Center for Management of Engineering and Technology, PICMET 2014
CountryJapan
CityKanazawa
Period14-07-2714-07-31

All Science Journal Classification (ASJC) codes

  • Management of Technology and Innovation
  • Strategy and Management
  • Transportation

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