Intellectual Assets and Radical Innovation. Exploring The Quadratic Effects In Technology-Based Manufacturing Firms

Abstract:

We contribute theoretically and empirically to the intellectual or knowledge assets-innovation link literature by exploring the quadratic effects of intellectual assets on radical innovations, from the intellectual Capital-Based View theoretical framework. Three main hypotheses considering the quadric effects of human, technological and vertical intellectual assets on radical innovation are presented. Results from a sample of 251 Spanish high and medium high-tech manufacturing firms, show the quadratic effect of technological intellectual assets on radical innovation, as well as the quadratic and increasingly positive effect of vertical intellectual assets on radical innovations.