Loading...
How can we signal the value of our knowledge? Knowledge-based reputation and its impact on firm performance in science-based industries
Erden, Zeynep Klang, David Sydler, Renato von Krogh, Georg
Erden, Zeynep
Klang, David
Sydler, Renato
von Krogh, Georg
Citations
Altmetric:
Publication Type
Journal article with impact factor
Editor
Supervisor
Publication Year
2015
Journal
Long Range Planning
Book
Publication Volume
48
Publication Issue
4
Publication Begin page
252
Publication End page
264
Publication NUmber of pages
Collections
Abstract
This study shows that the value of a firm's knowledge stocks in a stakeholder group is determined by the rules, values, norms and social evaluations conducted in that group. Based on prior work on the knowledge-based view of the firm and institutional theory, we develop a model of the relationship between the reputation of a firm's knowledge stocks in the scientific and business communities, and the impact of these assets on firm performance. We test the model in a longitudinal research setting with a set of carefully sampled public biopharmaceutical firms. The results indicate that the social evaluations of knowledge stocks by both the scientific and business communities affect firm performance. We indicate the implications of our findings for academic thought and for management practice.
Research Projects
Organizational Units
Journal Issue
Keywords
Knowledge