Academy of Management Annual Meeting Proceedings includes abstracts of all papers and symposia presented at the annual conference, plus 6-page abridged versions of the “Best Papers” accepted for inclusion in the program (approximately 10%). Papers published in the Proceedings are abridged because presenting papers at their full length could preclude subsequent journal publication. Please contact the author(s) directly for the full papers.

History as a Predictor: An Empirical Examination of Impact of Knowledge

Srikanth Paruchuri

Pennsylvania State U.

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Martin C. Goossen

HEC Paris

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Published Online:23 Feb 2018https://doi.org/10.5465/ambpp.2013.14237abstract

Abstract

Inventors being bounded rational rely on certain heuristics to select knowledge for recombination to generate innovations. This paper suggests that information about historical success is used as one such heuristic. I propose that historical success of knowledge, of inventors, and of technological areas influence the current impact of the knowledge. These hypotheses are supported in the context of patent data in a chemical and pharmaceutical firm. Further, different operationalization of historical success is used to examine the hypotheses in a limited posthoc analysis. And in another posthoc analysis, I find that the historical success of inventor and technology areas influence the rate of initial impact of knowledge.

Vol. 2013, No. 1

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Published online 23 February 2018

Published in print 1 January 2013

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