I respond to the recent article in the Journal of Management by Priem, Li, and Carr titled “Insights and New Directions From Demand-Side Approaches to Technology Innovation, Entrepreneurship, and Strategic Management Research.” Priem et al. argue that demand-side research can provide understandings of firm activity that research focusing on other aspects of the firm’s value chain cannot. …
The effective holding and management of liquid assets is critical to success in research-intensive industries. The primary output of invention is new knowledge. However, because of its sticky characteristics, knowledge may not easily diffuse to external shareholders, leading to knowledge asymmetries between managers/employees and external suppliers of capital. Many valuable R&D projects may thu…
In a recent paper, Rouse and Daellenbach (1999) provide a 5-step methodological approach which they feel will cure alleged inadequacies in empirical resource-based research. This comment suggests, however, that their methodology can provide only a useful aid for expanding the understanding of potential sustainable competitive advantages but will not allow researchers to effectively verify those…