摘要:Pioneering innovation is crucial for attaining a competitive advantage in high-tech industries. Pioneering innovation, in contrast to following innovation, develops and brings to market innovative products ahead of competitors. Many determinants have been shown for supporting a pioneering innovation. This paper analyzes the intellectual capital that fosters or inhibits organizations pioneering or following strategies. A Logit analysis model to predict pioneering innovation orientation is developed and empirically tested using pooled data from 101 high-tech firms during the period of 2010-2012. Our findings indicate of the two types of intellectual capital, the human capital and structural capital of a firm are the significant drivers that influence the use of pioneering innovation strategy. Interestingly, relational capital is not found to be a significant driver of pioneering innovation. By highlighting the importance of a firm's intellectual capitals links to the model of innovative strategy in these high-tech firms, we hope that this model can contribute a supplementary decision-supporting tool for identifying firms with a high likelihood of using pioneering innovation.
关键词:Pioneering innovation; Logit; human capital; relational capital; intellectual capital