Entrepreneurial access and absorption of knowledge spillovers: Strategic board and managerial composition for competitive advantage

被引:100
作者
Audretsch, DB [1 ]
Lehmann, E
机构
[1] Indiana Univ, Ameritech Chair Econ Dev, Bloomington, IN 47405 USA
[2] Univ Augsburg, D-8900 Augsburg, Germany
关键词
D O I
10.1111/j.1540-627X.2006.00161.x
中图分类号
C93 [管理学];
学科分类号
12 ; 1201 ; 1202 ; 120202 ;
摘要
The resource theory of the firm implies that knowledge is a key resource bestowing a competitive advantage for entrepreneurial firms. However, it remains rather unclear up to now how new ventures and small businesses can access knowledge resources. The purpose of this study was to suggest two strategies, in particular, that facilitate entrepreneurial access to and absorption of external knowledge spillovers: the attraction of managers and directors with an academic background. Based on data on board composition of 295 high-technology firms, the results clearly demonstrate the strong link between geographical proximity to research-intense universities and board composition.
引用
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页码:155 / 166
页数:12
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