Effectiveness of technology investment: Impact of internal technological capability, networking and investment's strategic importance

Voudouris, I; Lioukas, S; Iatrelli, M; Caloghirou, Y

dc.contributor.author	Voudouris, I	en
dc.contributor.author	Lioukas, S	en
dc.contributor.author	Iatrelli, M	en
dc.contributor.author	Caloghirou, Y	en
dc.date.accessioned	2014-03-01T02:08:42Z
dc.date.available	2014-03-01T02:08:42Z
dc.date.issued	2012	en
dc.identifier.issn	01664972	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/29717
dc.subject	Effectiveness of technology investment	en
dc.subject	Internal technological capability	en
dc.subject	Networking	en
dc.subject	Strategic importance of investment	en
dc.subject.other	Critical factors	en
dc.subject.other	Dynamic capabilities	en
dc.subject.other	Interaction effect	en
dc.subject.other	Moderating effect	en
dc.subject.other	Networking	en
dc.subject.other	Synergistic effect	en
dc.subject.other	Technological capability	en
dc.subject.other	Technological change	en
dc.subject.other	Technology investments	en
dc.subject.other	Technology	en
dc.subject.other	Investments	en
dc.title	Effectiveness of technology investment: Impact of internal technological capability, networking and investment's strategic importance	en
heal.type	journalArticle	en
heal.identifier.primary	10.1016/j.technovation.2012.04.001	en
heal.identifier.secondary	http://dx.doi.org/10.1016/j.technovation.2012.04.001	en
heal.publicationDate	2012	en
heal.abstract	This study considers a firm's technological capabilities and the strategic importance of technology investment as critical factors affecting the effectiveness of technology investment. Drawing upon a sample of 139 Greek manufacturing SMEs the study presents arguments and formulates hypotheses concerning the individual and interaction effects of internal technological capability and networking on technology investment effectiveness. It also examines the direct and moderating effects of strategic importance of technology investment. Results suggest that internal technological capability is a powerful determinant of technology investment effectiveness. Networking appears to complement internal capability creating synergistic effects whereas it cannot act as a substitute of it. Strategic importance of technology investment seems to have an important direct influence. It also moderates positively the relationship between networking and technology investment effectiveness. These results highlight the factors behind successful technological change and provide evidence on the working of interactive dynamic capabilities in the context of technology investment. © 2012 Elsevier Ltd. All rights reserved.	en
heal.journalName	Technovation	en
dc.identifier.doi	10.1016/j.technovation.2012.04.001	en
dc.identifier.volume	32	en
dc.identifier.issue	6	en
dc.identifier.spage	400	en
dc.identifier.epage	414	en