##plugins.themes.bootstrap3.article.main##


Julio César Acosta-Prado

Eduardo Bueno Campos

Mónica Longo-Somoza

Resumen

This article analyses the relationship between technological development and intellectual capital. Creativity and the appropriate use of knowledge are fundamental sources of technological development. They in of themselves represent the intellectual capital of companies, and lead to competitive advantage. This article argues that when technology is developed and exploited, drawing on acquired knowledge, the intellectual capital of a company is utilized and therefore enhanced. The empirical study is conducted, by the case study methodology in 35 New-Technology-Based Firms (NTBFs) at Madrid Scientific Park (PCM) and Leganés Technological Science Park (LEGATEC), located in the Community of Madrid, Spain.

##plugins.themes.bootstrap3.article.details##

Keywords

Technological capability, intellectual capital, technological capital

References
Acosta, J. C. (2009). Ba: Espacios de conocimiento. Contexto para el desarrollo de capacidades tecnológicas. Boletín Intellectus, 15, 12-18.
Acosta, J. C. (2010). Creación y desarrollo de capacidades tecnológicas: Un modelo de análisis basado en el enfoque de conocimiento. Madrid: Universidad Autónoma de Madrid.
Acosta-Prado, J. C. and Longo-Somoza, M. (2013). Sensemaking processes of organizational identity and Technological Capabilities: an empirical study in new technology-based firms. Innovar Journal, 23 (49), 115-130.
Acosta-Prado, J. C., Longo-Somoza, M. and Fischer, A. L. (2013): Capacidades dinámicas y gestión del conocimiento en nuevas empresas de base tecnológica. Cuadernos de Administración, 26 (47), 35-62.
Amit, R. and Schoemaker, P. (1993). Strategic asset and organizational rent. Strategic Management Journal, 14, 33-46.
Ansoff, H. (1965). Corporate Strategy. McGraw-Hill. Nueva York.
Aragón-Correa, J.A., García-Morales, V.J. and Hurtado-Torres, N.E. (2005). Un modelo explicativo de las estrategias medioambientales avanzadas para pequeñas y ˜medianas empresas y su influencia en los resultados. Cuadernos de Economía y Dirección de la Empresa, 25, 29-52.
Argyris, C. and Schön, D. (1978). Organizational learning: A theory of action perspective. Reading, M.A.: Addison Wesley.
Balconi, M. (2002). Tacitness, codification of technological knowledge, and the organisation of industry. Research Policy, 31, 357-379.
Barney, J. B. (1991). Firm resources and sustained competitive advantage. Journal of Management, 17, 99-120.
Benavides, C. A. (1998). Tecnología, innovación y empresa. Madrid: Pirámide.
Bollinger, A. S. and Smith, R. D. (2001). Managing organizational knowledge as a strategic asset, Journal of Knowledge Management, 5 (1), 8-18.
Bontis, N., Crossan, N. and Hulland, J. (2002). Managing and Organizational Learning System by Aligning Stocks and Flows. Journal of Management Studies, 39, 437-469.
Boulton, R., Libert, B. and Samak, S. (2000). Cracking the Value Code. How Successful Businesses are Creating Wealth in the New Economy, NY: Harper Collins.
Bueno, E. (2002). Dirección estratégica basada en conocimiento: Teoría y práctica de la nueva perspectiva. En Nuevas claves para la Dirección Estratégica de la Empresa (pp. 91-116). Barcelona: Ariel.
Bueno, E. (2005). Fundamentos epistemológicos de Dirección del Conocimiento Organizativo: desarrollo, medición y gestión de intangibles en las organizaciones. Economía Industrial, 357, 1-14.
Bueno, E. (2013). El capital intelectual como sistema generador de emprendimiento e innovación, Economía Industrial, 388, 15-22.
Bueno, E. and CIC (2002). Intellectus Model. Model for the measurement and management of Intellectual Capital, Documento Intellectus nº 5, Madrid, CIC-IADE (UAM).
Bueno, E. and CIC (2012). Intellectus Model. Model for the measurement and management of Intellectual Capital (New updated version). Madrid, CIC-IADE (UAM).
Bueno, E; Acosta, J.C. and Longo, M. (2010a). Análisis de los procesos de I+D en la generación de la innovación de las nuevas empresas de base tecnológica en parques científicos y tecnológicos. Economía Industrial, 378, 23-35.
Bueno, E; Longo, M. and Salmador, M.P. (2010b). A Study of the Relations between Organizational Identity and Intellectual Capital: Empirical Evidence in New Technology Based Firms at Madrid Science Park. In Intellectual Capital and Technological Innovation Knowledge-Based Theory and Practice (pp. 76-103). Hershey, PA.: IGI Global.
Bukh, N. (2003). The relevance of intellectual capital disclosure: a paradox? Accounting, Auditing & Accountability Journal, 16 (1), 49-56.
Butchart, R. (1987). A new UK definition of high technology industries. Economy Trends, 400 (febr.), 82-88.
Carmeli, A. and Azeroual, B. (2009). How relational capital and knowledge combination capability enhance the performance of work units in a high technology, International Journal of Operations & Production Management, 30 (8), 853-878.
Cassiman B. and Veugelers, R. (2002). R&D cooperation and spillovers: Some empirical evidence from Belgium. American Economic Review, 92 (4), 1169-1184.
Cohen, W. and Lenvinthal, D. (1990). Absorptive capacity: A new perspective on learning and innovation. Administrative Science Quarterly, 35, 128-152.
Cohen, W., Goto, A., Nagata, A., Nelson, R. and Walsh, J. (2002). R&D spillovers, patents and the incentives to innovate in Japan and the Unites States. Research Policy, 31 (8/9), 1349-1367.
Cohen, W. and Walsh, J. (2000). R&D spillovers, appropiability and R&D intensity: A survey based approach. Mimeo, Carnegie Mellon University.
Coleman, J. (1988). Social Capital in the creation of human capital. American Journal of Sociology, 94 (supplement), 95-120.
Conner, R. and Prahalad, K. (1996). A resource- based theory of the firm: Knowledge versus opportunism, Organization Science, 7 (5), 477-501.
Cook, J. and Brown, J.S. (1999). Bridging epistemologies: The generative dance between organizational knowledge and organizational knowing. Organization Science, 10 (4), 381-400.
Cool, K., Costa, L. and Dierickx, I. (2002). Constructing Competitive Advantage. En A. Pettigrew, H. Thomas. and R. Whittington (Eds.), Handbook of Strategy and Management. (55-71) Londres. Sage.
Dawson, R. (2000). Knowledge capabilities as the focus of organisational development and strategy, Journal of Knowledge Management, 4 (4), 320-327.
DeCarolis, D. M. (2003). Competences and imitability in the pharmaceutical industry: An analysis of their relationship with firm performance, Journal of Management, 29, 27-50.
DeCarolis, D. M. and D. L. Deeds (1999). The impact of stocks and flows of organizational knowledge on firm performance: An empirical investigation of the biotechnology industry. Strategic Management Journal, (20), 953-968.
De Geus, A. (1997). The living company. London: Nicholas Brealey.
Douglas, T.J. and Ryman, J.A. (2003). Understanding competitive advantage in the general hospital industry: evaluating strategic competencies. Strategic Management Journal, 24 (4), 333-347.
Drucker, P. (2001). The Essential Drucker. Harper Business. New York.
Edvinsson, L. and Malone, M. S. (1997). Intellectual capital: Realizing your company’s true value by finding its hidden brainpower. New York: HarperCollins Publishers.
Eisenhardt, K. M. (1989). Building theories from case study research. Academy of Management Review, 14, 532-550.
Eisenhardt, K. and Martín, J. (2000). Dynamic capabilities: The evolution of resources in dynamic markets. Strategic Management Journal, 21, 1105-1121.
Escorsa, P. and Maspons, R. (2001). De la vigilancia tecnológica a la inteligencia competitiva. Madrid: Prentice Hall.
European Commission (2003). Recommendation C 1422. Retrieved in May 2013 in http://www.boe.es/buscar/doc.php?id=DOUEL-2003-80730
Figuiredo, P. N. (2002). Does technological learning pay off? Inter-firm differences in technological capability-accumulation paths and operational performance improvement, Research Policy, 31, 73-94.
Friedman, A. (1994). The information technology field: Using fields and paradigms for analyzing technological change. Human Relations, 47, 367-392.
García, F. and Navas, J. E. (2007). Las capacidades tecnológicas y los resultados empresariales: un estudio empírico en el sector biotecnológico español. Cuadernos de Economía y Dirección de la Empresa, 32, 177-210.
Grant, R. M. (1991). The resource-based theory of competitive advantages: Implications for strategy formulation. California Management Review, ## Volume (Number), 114-135.
Grant, R. M. (1996). Prospering in dynamically-competitive environments: organizational capability as knowledge integration. Organization Science, 7, 375-387.
Grant, R. M. (2002). The knowledge based view of the firm. In The strategic management of intellectual capital and organizational knowledge, Oxfort University Press.
Hall, R. (1992). The strategic analysis of intangible resources. Strategic Management Journal, 13, 135-144.
Hamel, G. and Prahalad, C. (1993). Strategic as Stretch a Leverage. Harvard Business Review, March-April, 75-84.
Hayek, F. A. (1945). The use of knowledge in society. The American Economic Review, 35 (4), 519-530.
Hill, C. and Jones, G. (2010). Strategic Management: An integrated approach. Mason: South Western Cengage Learning.
Ichijo, K. (2002). Knowledge exploitation and knowledge exploration: Two strategies for knowledge creating companies. In The strategic management of intellectual capital and organizational knowledge (pp. 477-483). New York: Oxford University Press.
Johanson, U., Martensson, M. and Skoog, M. (2001). Measuring to understand intangible performance drivers. European Accounting Review, 10 (3), 407-437.
Kaufmann, L. and Schneider, Y. (2004). Intangibles: A synthesis of current research. Journal of Intellectual Capital, 5 (3), 366-388.
Kogut, B. and Zander, U. (1992). Knowledge of the firm, combinative capabilities, and the replication of technology. Organization Science, 3 (3), 383-397.
Kogut, B. and U. Zander (1996). What Firms Do? Coordination, Identity, and Learning. Organization Science 7 (5), 502-523.
Kristandl, G. and Bontis, N. (2007). Constructing a definition for intangibles using the resource based view of the firm. Management Decision, 45 (9), 1510-1524.
Leonard-Barton, D. (1993). La fábrica como laboratorio de aprendizaje. Harvard Deusto Business Review, 58, 46-61.
Lev, B. (2001). Intangibles management, measurement and reporting. Washington D.C.: The Brookings Institution.
Levinthal, D. A. and March, J. G. (1993). The myopia of learning. Strategic Management Journal, 14, 95-112.
Little, A. D. (1977). New technology-based firms in the United Kingdom and the Federal Republic of Germany. London: Wilton House.
López, N., Montes. J., Váquez, C. and Prieto, J. (2004). Innovación y competitividad: implicaciones para la gestión de la innovación. Revista Madrid, julio, 24.
Low, J. (2000). The value creation index. Journal of Intellectual Capital, 1 (3), 252-262.
March, J. G. (1991). Exploration and exploitation in organizational learning. Organization Science, 2, 71-87.
Martin Rojas, R., García Morales, V. J. and García-Sanchez, E. (2011). The influence on corporate entrepreneurship of technological variables, Industrial Management & Data Systems, 111 (7), 984-1005.
McClintock, C; Brannon D; and Maynard M. (1979). Applying the Logia of Simple Surveys to Qualitative Case Studies: The Case Cluster Method. Administrative Science Quarterly, 24 (4), 612-629.
McElroy, M. W. (2001). Social innovation capital. Draft, Macroinnovation Associates, Vermont: Windsor.
McGrath, R., MacMillan, I. and Venkataraman, S. (1995). Defining and developing competence: A strategic process paradigm. Strategic Management Journal, 16, 251-275.
Meso, P. and Smith, R. (2000). A resource-based view of organizational knowledge management systems. Journal of Knowledge Management, 4, 224-234.
Miles, M. and Huberman, A. (1984). Analyzing qualitative data: A source book for new methods. Beverly Hill, CA: Sage Publications.
Nahapiet, J. and Ghoshal, S. (1998). Social capital, intellectual capital and the organizational advantage. Academy of Management Review, 23, 242-266.
Nelson, R. and Winter, S. (1982). An Evolutionary Theory of Economic Change. Cambridge: Belknap Press.
Nelson, R. (1991). Why do firm differ and how does it matter? Strategic Management Journal, 12, 61-74.
Nicholls-Nixon, C. and Woo, C. (2003). Technology sourcing and the output of established firms in a regime of encompassing technological change. Strategic Management ¿Journal?. 24, 651-666
Nieto, M. and Quevedo, P. (2005). Variables estructurales, capacidad de absorción y esfuerzo innovador en las empresas manufactureras españolas. Revista Europea de Dirección y Economía de la Empresa, 14 (1), 25-44.
Nonaka, I. (1991). The knowledge-creating company. Harvard Business Review, 69 (6), 96-104.
Nonaka, I. (1994). A dynamic theory of organizational knowledge creation. Organization Science, 5, 14-37.
Nonaka, I. and Takeuchi, H. (1995). The knowledge creating company, New York: Oxford University Press.
Ordóñez, P. (2003). Intellectual capital reporting in Spain: A comparative review. Journal of Intellectual Capital, 4 (1) 61-81.
Orengo, V., Martín, P., Carrero, V., Prieto, F. y Peiró, J. (2001). Estrategias de implantación de nuevas tecnologías. En Nuevas tecnologías y formación continua en la empresa. Un estudio psicosocial. Castellón: Publicacions de la Universitat Jaume I.
Penrose, E. (1959). The theory of the growth of the firm. Oxford: Basil Black-Well.
Pérez-López, S. and Alegre, J. (2012). Information technology competency, knowledge processes and firm performance, Industrial Management& Data Systems, 112 (4), 644-662.
Peteraf, M. (1993). The cornerstone of competitive advantage: A resource-based view. Strategic Management Journal, 14, 179-191.
Polanyi, M. (1962). Personal knowledge. Towards a post-critical philosophy. London: Routledge and Kegan Paul.
Porter, M. (1980). Competitive strategy. Techniques for analysing industries and competitor. New York: Free Press.
Prahalad, C. and Hamel, G. (1990). The core competencies of the corporation. Harvard Business Review, Mayo-Junio, 79-91.
Quinn, J. (1992). Intelligence Entreprise. Free Press.
Rogers, D. (1996). The challenge of fifth generation R&D, Research Technology Management, 39 (4).
Roos, J., Roos, G. Edvinsson, L. and Dragonetti, N.C. (1997). Intellectual Capital. Navigating in the new business landscape. London: MacMillan Press.
Ruiz-Jiménez, J. and Fuentes-Fuentes, M. (2013). Innovación y desempeño empresarial. Efectos de la capacidad de combinación del conocimiento en Pymes de base tecnológica. Economía Industrial, 388, 59-66.
Sánchez, R. and Mahoney, J. (1996). Modularity flexibility, and knowledge management in product and organization design, Strategic Management Journal, 17, 63-76.
Schumpeter, J. A. (1939). Business Cycles. McGraw-Hill, New York.
Selznick, P. (1957). Leadership in administration: A social interpretation. New York: Harper & Row.
Shearman, C., and Burrell, G. (1988). New technology-based firms and the emergence of new industries: some employment implications. New Technology, Work and Employment, 3 (2), 87-99.
Spender, J. (1996). Making knowledge the basic of a dynamic theory of the firmn, Strategic Management Journal, 17, 45-62.
Spender, J. and Grant, R. (1996). Knowledge and the firm: Overview. Strategic Management Journal, 17, 5-9.
Stewart, T. (1997) Intellectual Capital: The New Wealth of Organizations. Nicholas Brealey Publishing, Business Digest, New York
Sveiby, K. (1997). The intangible monitor asset intellectual. Journal of Human Resource Costing and Accounting, 2, 73-97.
Teece, D. (2000). Strategies for managing knowledge assets: The role of firm structure and industrial context. Long Range Planning, 33 (1), 35-54.
Teece, D. (2009). Dynamic capabilities & strategic management. organizing for innovation and growth. Oxford University Press.
Teece, D. and Pisano, G. (1994). The dynamic capabilities of firms: An introduction. Industrial and corporative change, 3 (3): 537-556.
Teece, D., Pisano, G. and Shuen, A. (1997). Dynamic capabilities and strategic management. Strategic Management Journal, 18, 509-533.
Trillo Holgado, M. and Fernández Esquinas, M. (2013). Caracterización de la innovación en spin offs de base tecnológica, Economía Industrial, 388, 67-78.
Von Krogh, G. and Roos, J. (1995). Conversation management. European Management Journal, 13(4), 390-394.
Von Krogh, G., and Vicari, S. (1993). An Autopoiesis approach to experimental strategic learning, In Implementing strategic processes: Change, learning y co-operation (pp. 394-410). London: Blackwell.
Webb, E., Campbell, D., Schwartz, R. and Serchrest, L. (1996). Unobtrusive measures: Non-reactive research in the social sciences. Chicago: Rand McNally.
Wernerfelt, B. (1984). A resource-based view of the firm. Strategic Management Journal, 5, 171-180.
West, M. and Farr, J. (1990). Innovations and creativity at work: Psychological and organizational strategies. Chichester: Wiley.
Winter, S. (2003). Understanding dynamic capabilities. Strategic Management Journal, 24, 991-995.
Woolley, J. (2010). Technology emergence through entrepreneurship across multiple industries. Strategic Entrepreneurship Journal, 4, 1-21
Yin, R. K. (1984). Case study research: Design and methods. California: Sage Publications.
Zack, M. (1999). Developing a knowledge strategy. California Management Review, 41, 125-145.
Zahra, S. and Nielsen, A. (2002). Sources of capabilities, integration and technology commercialization. Strategic Management Journal, 23 (5), 377-398.
Zander, U. and Kogut, B. (1995). Knowledge and the speed of the transfer and imitation of organizational capabilities: An empirical test. Organization Science, 6, 76-92.
Cómo citar
Acosta-Prado, J., Bueno Campos, E., & Longo-Somoza, M. (2014). Technological capability and development of intellectual capital on the new technology-based firms. Cuadernos De Administración, 27(48), 11 - 39. Recuperado a partir de https://revistas.javeriana.edu.co/index.php/cuadernos_admon/article/view/8744
Sección
Artículos
Artículos más leídos del mismo autor/a