Journal
R & D MANAGEMENT
Volume 52, Issue 5, Pages 801-819Publisher
WILEY
DOI: 10.1111/radm.12521
Keywords
-
Categories
Funding
- Korea's Science and Technology Policy Institute (STEPI)
Ask authors/readers for more resources
R&D employee training enhances firm-specific technological competence, enabling better utilization of the stock of technological knowledge and moderating its effect on firm R&D productivity. Besides, other factors can influence the moderating effect of R&D employee training.
This paper investigates the conditioning role of R&D employee training in the effect of the stock of technological knowledge on firm R&D productivity. We suggest that the development of R&D human capital through training enhances firm-specific technological competence, thereby enabling firms to better utilize their stock of technological knowledge as a source of technological opportunities. Specifically, while a trap of path dependency may hamper the proper utilization of the firm-specific stock of technological knowledge, R&D employee training reinforces the standing-on-the-shoulders effect of the stock of technological knowledge, thereby offsetting, at least partially, its fishing-out effect due to depleting technological opportunities. Using panel data of Korean manufacturing firms, we show that R&D employee training positively moderates the effect of the stock of technological knowledge on firm R&D productivity. Furthermore, we suggest several factors that influence the positive moderating effect of R&D employee training such as the degree of knowledge sharing among R&D employees within each firm, the strength of industry R&D appropriability, and the industry R&D intensity.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available