Product and Process Flexibility in an Innovative Environment
研究企业长期组织决策(灵活性和研发能力)如何影响短期创新活动,分析产品创新(提升需求)和流程创新(降低成本)的互补性,以及这种互补性如何导致企业在产品与流程灵活性及研发能力上的长期决策相互关联。
This article studies several attributes of a firm's long-run decisions about organizational structure, attributes that affect the firm's short-run innovative activity. We focus on flexibility, which lowers the future costs of implementing innovations, and research capabilities, which improve the future opportunities for innovation. We consider two dimensions of innovation: demand-enhancing (product) and cost-reducing (process). These two types of innovation are complementary in terms of increasing the firm's net revenue in the short run. The complementarities between the firm's short-run decision variables then lead to complementarities between its long-run decisions about product and process flexibility and research capabilities.