Title: The impact of technological competencies on innovation and corporate venturing

Authors: Virginia Fernández-Pérez; Rodrigo Martín-Rojas

Addresses: Administration Business Department, University of Granada, Campus de Cartuja s/n 18071 Granada, Spain. ' Business Department, University of Granada, Campus de Cartuja s/n 18071 Granada, Spain

Abstract: Our study seeks to analyse theoretically and empirically how the technological distinctive competencies (TDCs) positively influence on the organisational performance from an entrepreneurial perspective. To date, very little research has analysed the direct and indirect relationships between these variables. Our study seeks to fill this research gap by analysing theoretically and empirically how different intermediate strategic variables related to entrepreneurship (innovation and corporate venturing) influence the relation between TDCs and organisational performance. The methodology used was LISREL analysis. We then test the model using data from 201 Spanish organisations. It adds theoretical and empirical arguments to the importance of technological distinctive competencies for the organisation. Today's knowledge society requires new CEOs who can confront a reality based on technological knowledge, and foster innovation and corporate venturing to achieve improvements in organisational performance. However, organisations sometimes fail to achieve sustainable competitive advantage due to their limited understanding of the relationships between these strategic variables.

Keywords: technological competencies; distinctive competencies; TDCs; corporate venturing; innovation; organisational performance; Spain; entrepreneurship; firm performance.

DOI: 10.1504/IJBE.2012.046202

International Journal of Business Environment, 2012 Vol.5 No.2, pp.101 - 121

Received: 02 Mar 2011
Accepted: 12 Oct 2011

Published online: 28 Aug 2014 *

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