This study offers theory and evidence to demonstrate that the time it takes a firm to integrate external sources of information depends on the attributes of the knowledge source and firm's own internal capabilities. By assessing innovative activities by 456 dedicated U.S. biotechnology firms...

This volume of Technology, innovation, entrepreneurship and competitive strategy is devoted to research aimed at understanding the implications of Exploration and Exploitation activities in early-stage ventures and small-and-medium enterprises (SMEs).

Purpose – The purpose of this paper is to advance the understanding of the mechanisms associated with learning-by-hiring. Design/methodology/approach – The authors built a yearly dyad data structure of all of the hiring and sourcing firms in the US biotechnology sector between 1973 and 1999....