Open AccessR&D Expenditures As Resource Buffers: Managing The Capacity To Innovate
Author(s) -
James E. Finch
Publication year - 2011
Publication title -
journal of applied business research
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.149
H-Index - 22
eISSN - 2157-8834
pISSN - 0892-7626
DOI - 10.19030/jabr.v7i4.6210
Subject(s) - argument (complex analysis) , resource (disambiguation) , construct (python library) , context (archaeology) , business , product (mathematics) , rhetoric , industrial organization , marketing , computer science , mathematics , paleontology , computer network , biochemistry , chemistry , linguistics , geometry , philosophy , biology , programming language
This article develops an argument for the use of resource buffers as an explanatory construct in the study of product innovation and corporate strategy. Much of the largely descriptive rhetoric developed in the study of innovating behavior within the firm can be translated into more meaningful terms when framed with this context. A study of the pharmaceutical industry is provided to illustrate the contribution of resource buffers to the dynamics of successful product innovation.