Firm Management of Scientific Information: Some Predictors and Implications of Openness Versus Secrecy

9 Pages Posted: 7 Feb 2011

See all articles by G. Steven McMillan

G. Steven McMillan

affiliation not provided to SSRN

Richard A. Klavans

affiliation not provided to SSRN

Robert D. Hamilton

Temple University - Department of Strategic Management; Temple University - Fox School of Business and Management

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.

Suggested Citation

McMillan, G. Steven and Klavans, Richard A. and Hamilton, Robert D., Firm Management of Scientific Information: Some Predictors and Implications of Openness Versus Secrecy. R&D Management, Vol. 25, Issue 4, pp. 411-419, 1995, Available at SSRN: https://ssrn.com/abstract=1754843 or http://dx.doi.org/10.1111/j.1467-9310.1995.tb01346.x

G. Steven McMillan (Contact Author)

affiliation not provided to SSRN

No Address Available

Richard A. Klavans

affiliation not provided to SSRN

Robert D. Hamilton

Temple University - Department of Strategic Management ( email )

Fox School of Business and Management
349D Speakman Hall
Philadelphia, PA 19122
(215) 204-6870 (Phone)
(215) 204-8029 (Fax)

HOME PAGE: http://www.sbm.temple.edu/~hamilton/

Temple University - Fox School of Business and Management ( email )

Philadelphia, PA 19122
United States

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