Title: Local search and the evolution of technological capabilities
Abstract: Strategic Management JournalVolume 17, Issue S1 p. 21-38 Article Local search and the evolution of technological capabilities Toby E. Stuart, Toby E. Stuart Graduate School of Business, The University of Chicago, Chicago, Illinois, U.S.A.Search for more papers by this authorJoel M. Podolny, Joel M. Podolny Graduate School of Business, Stanford University, Stanford, California, U.S.A.Search for more papers by this author Toby E. Stuart, Toby E. Stuart Graduate School of Business, The University of Chicago, Chicago, Illinois, U.S.A.Search for more papers by this authorJoel M. Podolny, Joel M. Podolny Graduate School of Business, Stanford University, Stanford, California, U.S.A.Search for more papers by this author First published: Summer 1996 https://doi.org/10.1002/smj.4250171004Citations: 668AboutPDF ToolsRequest permissionExport citationAdd to favoritesTrack citation ShareShare Give accessShare full text accessShare full-text accessPlease review our Terms and Conditions of Use and check box below to share full-text version of article.I have read and accept the Wiley Online Library Terms and Conditions of UseShareable LinkUse the link below to share a full-text version of this article with your friends and colleagues. Learn more.Copy URL Share a linkShare onFacebookTwitterLinked InRedditWechat Abstract The assumption that 'local search' constrains the direction of corporate R&D is central in evolutionary perspectives on technological change and competition. In this paper, we propose a network-analytic approach for identifying the evolution of firms' technological positions. The approach (1) permits graphical and quantitative assessments of the extent to which firms' search behavior is locally bounded, and (2) enables firms to be positioned and grouped according to the similarities in their innovative capabilities. The utility of the proposed framework is demonstrated by an analysis of strategic partnering and the evolution of the technological positions of the 10 largest Japanese semiconductor producers from 1982 to 1992. Citing Literature Volume17, IssueS1Summer 1996Pages 21-38 RelatedInformation
Publication Year: 2007
Publication Date: 2007-07-05
Language: en
Type: article
Indexed In: ['crossref']
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Cited By Count: 1221
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