Impact of the Types of Clusters on the Innovation Output and the Appropriation of Rents from Innovation

The ability to generate innovations and capture the rents from innovation are important for firms’ competitive advantage. Increasingly firms seek knowledge abundant locations, or industry clusters, to access novel knowledge and generate innovations through knowledge recombinations (Schumpeter, 1934)...

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Main Authors: Manuel Portugal Ferreira, Fernando Ribeiro Serra, Benny Kramer Costa, Emerson Maccari Antonio, Hergos Ritor Couto
Format: Article
Language:English
Published: Universidad Alberto Hurtado 2012-12-01
Series:Journal of Technology Management & Innovation
Subjects:
Online Access:https://www.jotmi.org/index.php/GT/article/view/986
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author Manuel Portugal Ferreira
Fernando Ribeiro Serra
Benny Kramer Costa
Emerson Maccari Antonio
Hergos Ritor Couto
author_facet Manuel Portugal Ferreira
Fernando Ribeiro Serra
Benny Kramer Costa
Emerson Maccari Antonio
Hergos Ritor Couto
author_sort Manuel Portugal Ferreira
collection DOAJ
description The ability to generate innovations and capture the rents from innovation are important for firms’ competitive advantage. Increasingly firms seek knowledge abundant locations, or industry clusters, to access novel knowledge and generate innovations through knowledge recombinations (Schumpeter, 1934). We examine how different types of clusters impact on the innovation output, the knowledge flows among the clustered firms and, ultimately, on who captures the rents from innovation. The type of cluster reflects the configuration of firms and the interactions among firms, individuals and agencies in the cluster and is likely to be a major driver of both the innovative output and of which firms will be more likely to capture the rents from innovation. Extant research has noted that the social and business networks binding firms in clusters are excellent vehicles for the flow of knowledge that eases innovations, but different types of clusters may lead to different outcomes.
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spelling doaj.art-8c1c4ae6806f44d98136d2b6ee6e89a72023-04-11T20:01:49ZengUniversidad Alberto HurtadoJournal of Technology Management & Innovation0718-27242012-12-017410.4067/S0718-27242012000400006732Impact of the Types of Clusters on the Innovation Output and the Appropriation of Rents from InnovationManuel Portugal Ferreira0Fernando Ribeiro Serra1Benny Kramer Costa2Emerson Maccari Antonio3Hergos Ritor Couto4UNINOVE – Universidade Nove de Julho Programa de Pós Graduação em AdministraçãoUNINOVE – Universidade Nove de Julho Programa de Pós Graduação em AdministraçãoUNINOVE – Universidade Nove de Julho Programa de Pós Graduação em AdministraçãoUNINOVE – Universidade Nove de Julho Programa de Pós Graduação em AdministraçãoUNINOVE – Universidade Nove de Julho Programa de Pós Graduação em AdministraçãoThe ability to generate innovations and capture the rents from innovation are important for firms’ competitive advantage. Increasingly firms seek knowledge abundant locations, or industry clusters, to access novel knowledge and generate innovations through knowledge recombinations (Schumpeter, 1934). We examine how different types of clusters impact on the innovation output, the knowledge flows among the clustered firms and, ultimately, on who captures the rents from innovation. The type of cluster reflects the configuration of firms and the interactions among firms, individuals and agencies in the cluster and is likely to be a major driver of both the innovative output and of which firms will be more likely to capture the rents from innovation. Extant research has noted that the social and business networks binding firms in clusters are excellent vehicles for the flow of knowledge that eases innovations, but different types of clusters may lead to different outcomes.https://www.jotmi.org/index.php/GT/article/view/986clusterstypes of clustersinnovationappropriation of rentsinnovation rents
spellingShingle Manuel Portugal Ferreira
Fernando Ribeiro Serra
Benny Kramer Costa
Emerson Maccari Antonio
Hergos Ritor Couto
Impact of the Types of Clusters on the Innovation Output and the Appropriation of Rents from Innovation
Journal of Technology Management & Innovation
clusters
types of clusters
innovation
appropriation of rents
innovation rents
title Impact of the Types of Clusters on the Innovation Output and the Appropriation of Rents from Innovation
title_full Impact of the Types of Clusters on the Innovation Output and the Appropriation of Rents from Innovation
title_fullStr Impact of the Types of Clusters on the Innovation Output and the Appropriation of Rents from Innovation
title_full_unstemmed Impact of the Types of Clusters on the Innovation Output and the Appropriation of Rents from Innovation
title_short Impact of the Types of Clusters on the Innovation Output and the Appropriation of Rents from Innovation
title_sort impact of the types of clusters on the innovation output and the appropriation of rents from innovation
topic clusters
types of clusters
innovation
appropriation of rents
innovation rents
url https://www.jotmi.org/index.php/GT/article/view/986
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AT bennykramercosta impactofthetypesofclustersontheinnovationoutputandtheappropriationofrentsfrominnovation
AT emersonmaccariantonio impactofthetypesofclustersontheinnovationoutputandtheappropriationofrentsfrominnovation
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