Template-type: ReDIF-Paper 1.0
Author-Name: Akçomakn Semih
Author-Email: akcomak@metu.edu.tr 
Author-Workplace-Name: TEKPOL, Middle East Technical University, and UNU-MERIT
Author-Name: Akdeve, Erdal 
Author-Email: erdal.akdeve@ybu.edu.tr
Author-Workplace-Name: School of Management, Yıldırım Beyazıt University
Author-Name: Findik, Derya
Author-Email: dfindik@metu.edu.tr
Author-Workplace-Name: TEKPOL, Middle East Technical University
Title: How do ICT firms in Turkey manage innovation? Diversity in expertise versus 
	 diversity in markets.
Abstract: This paper provides a novel taxonomy of firms based on specialization 
	 versus diversification in production and markets. Firms may choose to 
	 specialize on few production activities or alternatively may build 
	 expertise in many activities. There is an accompanying decision when 
	 firms sell their products: whether to serve few or many markets. We 
	 argue that the location on the specialization-diversification spectrum 
	 significantly affects how firms manage innovation. For a sample of 90 
	 innovator ICT firms in Ankara we find that cooperation structure, 
	 sources of innovation and funding of R&D display statistically 
	 significant different patterns according to the 
	 specialization-diversification taxonomy.     
Classification-JEL: O32, L22, L86
Keywords: management of innovation, core competency, expertise building, R&D, ICT
Series: UNU-MERIT Working Papers
Creation-Date: 2013
Number: 024
File-URL: http://www.merit.unu.edu/publications/wppdf/2013/wp2013-024.pdf
File-Format: application/pdf
File-Size: 275 Kb
Handle: RePEc:unm:unumer:2013024