Firm management of scientific information: Some predictors and implications of openness versus secrecy

G. Steven McMillan, Richard A. Klavans, Robert D. Hamilton

Research output: Contribution to journalArticlepeer-review

20 Scopus citations

Abstract

This paper presents a model that seeks to understand and explain R&D performance differences in research‐intensive companies. The primary theoretical model builds on the well‐established theory of science as a public good but augments it with a game‐theoretic argument for individual firm choices of scientific information openness or secrecy. The first research question we address is how a firm's scientific information openness, as measured by its research publications, impacts the firm's stock of technical knowledge. Additionally, we explore two predictor variables of scientific information openness: research lab and top management team demographics. The possible economic effects and other managerial implications of this model are also discussed. 1995 Basil Blackwell Ltd

Original languageEnglish (US)
Pages (from-to)411-419
Number of pages9
JournalR&D Management
Volume25
Issue number4
DOIs
StatePublished - Oct 1995

All Science Journal Classification (ASJC) codes

  • Business and International Management
  • Business, Management and Accounting(all)
  • Strategy and Management
  • Management of Technology and Innovation

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