Give and it Will be Given to You: The Strategic Case for Sharing in the Information Age

Time, Date, Venue

1 April 2011 12.00-13.30

University College London

1st floor Exec-ed room, Engineering Front Building
("Malet place" in Google maps)

Abstract

New modes of innovation suggest that firms in science-based sectors increasingly adhere to the norms of open science. This paper examines the impact of a firm’s strategy to share knowledge regarding its scientific discoveries on its R&D productivity. Specifically, we use the logic behind gift-based exchanges to propose that free dissemination of knowledge within the scientific community positively affects firm innovative performance, as it entails reciprocity and potential access to relevant
external knowledge. We further integrate insights from the organizational search literature to content that this association is stronger for breakthrough innovations rather than for incremental innovations. The analysis of the R&D activities of 190 UK biotechnology firms over the period 1999-2009 provides strong empirical support to our theoretical model.

Biography

Dr Kremena Slavcheva is a Research Associate in the Department of Management Science and Innovation, University College London. She is currently working with Dr Simcha Jong on a project “New modes of innovation: towards a science-based R&D paradigm” which explores organizational models and innovation processes in the life sciences sector. Kremena’s main research interests include knowledge management, mechanisms for knowledge transfer, technology strategy, and innovation. Kremena holds a PhD in Business Administration and Quantitative Methods from Carlos III University of Madrid. Her dissertation, entitled “Mobility of researchers, collaborations, and innovation”, investigates how researcher mobility contributes to the knowledge-building processes in research-intensive organizations. She also holds a Master of Business Administration from Carlos III University of Madrid and a Bachelor’s Degree in International Economic Relations from the University of Economics-Varna, Bulgaria. Prior to joining UCL, Kremena was a teaching assistant in the Department of Business Administration at Carlos III University of Madrid.