Technological Entry, Redeployability, and Firm Value

نویسندگان

چکیده

Abstract We provide a framework that enriches our understanding of resource redeployability, i.e., the value‐generating option to withdraw resources from one use and reallocate them another use. Existing works largely assume new uses are known ex ante easily identifiable by managers. However, several cases different industries suggest often emerge while firm’s technology base radiates into domains. analyse how base, radiating domains potentially reveal redeployment options, can spur firm value. develop five hypotheses on relationship between technological entry value, test using novel patent‐based measure in panel US firms.

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ژورنال

عنوان ژورنال: Journal of Management Studies

سال: 2022

ISSN: ['0022-2380', '1467-6486']

DOI: https://doi.org/10.1111/joms.12795