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A Knowledge Spillover-based Approach to New Product Conceptualization
- Source :
- 2018 IEEE Technology and Engineering Management Conference (TEMSCON).
- Publication Year :
- 2018
- Publisher :
- IEEE, 2018.
-
Abstract
- Entrepreneurship continues to be of the utmost importance in terms of national economic and industrial development. The formation of new companies (start-ups) encourages the creation of employment which in turn boosts economic activity. This growth, however, requires constant innovation within the start-ups. It is recognized that the process of innovation development is affected by a start-up‘s ability to capture knowledge spillovers which depends upon both external and internal factors. This paper proposes a conceptual model based on knowledge spillovers and their influence on the capture of new knowledge and its transformation into economic knowledge. We introduce and discuss various definitions, debating knowledge spillover theory, to provide a model based on classifications of cognitive and geographical proximity. Further discussion is provided against the product conceptualization process for start-ups.
- Subjects :
- product conceptualization
Entrepreneurship
incubators
Conceptualization
Process (engineering)
business.industry
media_common.quotation_subject
knowledge spillovers
Knowledge engineering
absorptive capacity
new product development
Knowledge spillover
New product development
Conceptual model
Product (category theory)
business
Industrial organization
media_common
Subjects
Details
- Database :
- OpenAIRE
- Journal :
- 2018 IEEE Technology and Engineering Management Conference (TEMSCON)
- Accession number :
- edsair.doi.dedup.....a80840d894c64fa770c992a6d6191b9e