Agency theory and the role of R&D governance in enabling technology strategy and corporate entrepreneurship

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Authors
Shaikh, Ibrahim Anise
Issue Date
2015-08
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Electronic thesis
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ENG
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Management
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Abstract
In paper three, we are concerned with studying how managers from several industry leading technology firms actually manage the process of corporate entrepreneurship enabled by R&D (Burgelman and Grove, 2007). This study investigates how both incentives and controls are used to commercialize a diverse portfolio of breakthrough technological innovations (BI). Multiple case study analysis is utilized to study the governance systems of twelve industry-leading companies with a strategic intent to commercialize BI projects, on a persistent basis (see, O’Connor et al., 2003). The data comes from RPI Phase II research on building a system-wide framework through the cultivation of Discovery-Incubation-Acceleration (DNA) competencies (see, O’Connor, 2008). A longitudinal re-analysis of the governance of each individual competency, DNA, needed to build a system-wide BI capability suggests firms utilize heterogeneous bonding and monitoring mechanisms to motivate and control BI at each stage of DNA. Hence, our re-analysis of the novel field data shows how R&D governance can be utilized to better facilitate the linkage between R&D persistence and BI.
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August 2015
School of Management
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Rensselaer Polytechnic Institute, Troy, NY
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