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Resources: The effect of Top Management team characteristics and outside influences on the knowledge management of small entrepreneurial firms

This study examines small entrepreneurial firms and factors that influence their level of knowledge management and knowledge creation. The dissertation investigates the effect of top management team as a resource in small entrepreneurial firms. Stepping outside of the internal resources of a firm, this paper also delves into the effect of outside sources of capital and knowledge of firm knowledge creation. The paper enriches research on the factors that increase knowledge creation and knowledge management of small entrepreneurial firms. First, in response to evidence that Top Management Team (TMT) characteristics affect performance of high technology firms, this examined TMT average age, education and founder presence effect on the research and development (R&D) intensity, in a cross-sectional sample of software and pharmaceutical firms, with IPOs between the years 2002 and 2004. Average education is positively associated with R&D intensity. The interaction of TMT education and TMT average age negatively affects R&D intensity. TMT education in founders is positively associated with R&D intensity. The first set of results enriches extant research on TMT characteristics’ effect on R&D intensity, which ultimately affects firm performance. Continuing, extant research posits that the research and development (R&D) intensity of firms is highly correlated with knowledge creation as measured by patent citation. This paper argues that there are unexplained variables that moderate the effectiveness of research and development knowledge creation. Using the resource-based view, the top management team (TMT), is examined as an intangible asset. Hypotheses are developed on how high-technology firms’ creation of knowledge, operationalized as their patent citations output, is affected by the TMT characteristics of average age, education level, education background, founder presence, and TMT industry experience. The findings show that TMT education background and TMT industry experience are significant influences on firm patent citation. When controlling for the TMT variables, R&D intensity was not significantly related to patent citation. Finally, research on research and development intensity demonstrates a strong association with patents. At the same time, there is an unexplained gap in the move from research and development to patents in explaining innovation. Prior research assumes that internal resources are preeminent, ignoring the role of external factors. This paper reviews outside resources to assess their effect on patent citation and patent rates. It was found that partnerships with universities and firm geographic location improve innovative activity, whilst grants from the government and partnerships with large firms are not significantly associated with innovative activity. The Board of directors (BOD) has no significant impact on innovative activity. In terms of interaction effect, BOD has a negative interaction effect with geographic clusters. This paper enriches research on the outside resources that increase innovative activity. / Business Administration

Identiferoai:union.ndltd.org:TEMPLE/oai:scholarshare.temple.edu:20.500.12613/789
Date January 2009
CreatorsBewaji, Tolulope
ContributorsHamilton, Robert D. (Robert Devitt), Mudambi, Ram, 1954-, Zeitz, Gerald Joseph, 1942-, Blackstone, Erwin A., 1942-, Di Benedetto, C. Anthony
PublisherTemple University. Libraries
Source SetsTemple University
LanguageEnglish
Detected LanguageEnglish
TypeThesis/Dissertation, Text
Format106 pages
RightsIN COPYRIGHT- This Rights Statement can be used for an Item that is in copyright. Using this statement implies that the organization making this Item available has determined that the Item is in copyright and either is the rights-holder, has obtained permission from the rights-holder(s) to make their Work(s) available, or makes the Item available under an exception or limitation to copyright (including Fair Use) that entitles it to make the Item available., http://rightsstatements.org/vocab/InC/1.0/
Relationhttp://dx.doi.org/10.34944/dspace/771, Theses and Dissertations

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