Las capacidades tecnológicas y los resultados empresariales. Un estudio empírico en el sector biotecnológico español.

This paper studies the relationship between technological capabilities and firm performance. To achieve this objective, firstly, it is proposed a typology of technological capabilities and, secondly, it is defined a model where different technological strategies and industry structure are both taken into account. The empirical test was developed in the Spanish biotechnology industry. Results show that not all technological capabilities have the same effects on firm performance, as the strategic potential of such capabilities notably depends on competitive conditions. These results justify that certain traditional evaluation criteria for resources and capabilities can be criticized, and the need of contingent views to analyze the role of technological knowledge in firm success. [ABSTRACT FROM AUTHOR]