TY - JOUR
T1 - Biotechnology innovation
T2 - A legitimacy-based view
AU - Ahn, Mark J.
AU - York, Anne S.
AU - Sohn, So Young
AU - Benyamini, Payam
PY - 2013/8
Y1 - 2013/8
N2 - Disruptive technology platforms from emerging companies hold great promise for exploiting innovation, but often face legitimacy hurdles due to their liability of newness. Nascent firms must learn new roles with limited precedent, and establish ties with an environment that may not fully understand or value their existence. Using a legitimacy-based lens in the context of the biotechnology industry, we posit a sequential construct - cognitive, regulative, and normative legitimacy - to evaluate emergent technology platforms. Our model of biotechnology platform emergence may provide insights for understanding how breakthroughs achieve legitimacy in the scientific community, mobilize resources and talent, and attain commercial success.
AB - Disruptive technology platforms from emerging companies hold great promise for exploiting innovation, but often face legitimacy hurdles due to their liability of newness. Nascent firms must learn new roles with limited precedent, and establish ties with an environment that may not fully understand or value their existence. Using a legitimacy-based lens in the context of the biotechnology industry, we posit a sequential construct - cognitive, regulative, and normative legitimacy - to evaluate emergent technology platforms. Our model of biotechnology platform emergence may provide insights for understanding how breakthroughs achieve legitimacy in the scientific community, mobilize resources and talent, and attain commercial success.
UR - http://www.scopus.com/inward/record.url?scp=84899881218&partnerID=8YFLogxK
UR - http://www.scopus.com/inward/citedby.url?scp=84899881218&partnerID=8YFLogxK
U2 - 10.1142/S0219877013500156
DO - 10.1142/S0219877013500156
M3 - Article
AN - SCOPUS:84899881218
SN - 0219-8770
VL - 10
JO - International Journal of Innovation and Technology Management
JF - International Journal of Innovation and Technology Management
IS - 4
M1 - 1350015
ER -