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How the threat of knowledge loss drives firms’ R&D dynamism

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Summary:Drawing on threat rigidity theory, this paper argues that the threat of knowledgeloss gives rise to a threat rigidity effect in firms’ R&D function, that is, reduces their R&Ddynamism. It further argues that the dampening of R&D dynamism is greater for firms morevulnerable to the threat of knowledge loss due to facing greater product market competition, yetlower for firms that can better respond to the threat due to having relatively higher absorptivecapacity and/or greater financial slack. Using a sample of publicly listed US manufacturingfirms tracked over a 15-year observation period from 1991 to 2015 and leveraging the quasi-natural experiment created by the staggered rejection of the inevitable disclosure doctrine (IDD)across fourteen US states, it empirically tests and finds support for the above hypotheses
Main Authors:Asija, Aman
Other Authors:Ringov, Dimo
Subject:Difference-in-differences Inevitable disclosure doctrine Threat of knowledge loss Threat rigidity theory
Year:2025
Country:Portugal
Document type:article
Access type:open access
Associated institution:Universidade Nova de Lisboa
Language:English
Origin:Repositório Institucional da UNL
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author Asija, Aman
author2 Ringov, Dimo
author2_role author
author_facet Asija, Aman
Ringov, Dimo
author_role author
contributor_name_str_mv NOVA School of Business and Economics (NOVA SBE)
Wiley-Blackwell
RUN
country_str PT
creators_json_txt [{\"Person.name\":\"Asija, Aman\"},{\"Person.name\":\"Ringov, Dimo\"}]
datacite.contributors.contributor.contributorName.fl_str_mv NOVA School of Business and Economics (NOVA SBE)
Wiley-Blackwell
RUN
datacite.creators.creator.creatorName.fl_str_mv Asija, Aman
Ringov, Dimo
datacite.date.Accepted.fl_str_mv 2025-12-11T00:00:00Z
datacite.date.available.fl_str_mv 2026-01-14T15:51:23Z
datacite.date.embargoed.fl_str_mv 2026-01-14T15:51:23Z
datacite.rights.fl_str_mv http://purl.org/coar/access_right/c_abf2
datacite.subjects.subject.fl_str_mv Difference-in-differences
Inevitable disclosure doctrine
Threat of knowledge loss
Threat rigidity theory
datacite.titles.title.fl_str_mv How the threat of knowledge loss drives firms’ R&D dynamism
A threat rigidity perspective
dc.contributor.none.fl_str_mv NOVA School of Business and Economics (NOVA SBE)
Wiley-Blackwell
RUN
dc.creator.none.fl_str_mv Asija, Aman
Ringov, Dimo
dc.date.Accepted.fl_str_mv 2025-12-11T00:00:00Z
dc.date.available.fl_str_mv 2026-01-14T15:51:23Z
dc.date.embargoed.fl_str_mv 2026-01-14T15:51:23Z
dc.format.none.fl_str_mv application/pdf
dc.identifier.none.fl_str_mv http://hdl.handle.net/10362/198987
dc.language.none.fl_str_mv eng
dc.rights.none.fl_str_mv http://purl.org/coar/access_right/c_abf2
dc.subject.none.fl_str_mv Difference-in-differences
Inevitable disclosure doctrine
Threat of knowledge loss
Threat rigidity theory
dc.title.fl_str_mv How the threat of knowledge loss drives firms’ R&D dynamism
A threat rigidity perspective
dc.type.none.fl_str_mv http://purl.org/coar/resource_type/c_6501
description Drawing on threat rigidity theory, this paper argues that the threat of knowledgeloss gives rise to a threat rigidity effect in firms’ R&D function, that is, reduces their R&Ddynamism. It further argues that the dampening of R&D dynamism is greater for firms morevulnerable to the threat of knowledge loss due to facing greater product market competition, yetlower for firms that can better respond to the threat due to having relatively higher absorptivecapacity and/or greater financial slack. Using a sample of publicly listed US manufacturingfirms tracked over a 15-year observation period from 1991 to 2015 and leveraging the quasi-natural experiment created by the staggered rejection of the inevitable disclosure doctrine (IDD)across fourteen US states, it empirically tests and finds support for the above hypotheses
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identifier.url.fl_str_mv http://hdl.handle.net/10362/198987
inst_facet_str urn:organizationAcronym:unl{{{_:::_}}}Universidade Nova de Lisboa
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institution Universidade Nova de Lisboa
instname_str Universidade Nova de Lisboa
language eng
network_acronym_str run
network_name_str Repositório Institucional da UNL
oai_identifier_str oai:run.unl.pt:10362/198987
organization_str_mv urn:organizationAcronym:unl
person_str_mv Asija, Aman
Ringov, Dimo
publishDate 2025
repo_facet_str urn:repositoryAcronym:run{{{_:::_}}}Repositório Institucional da UNL
reponame_str Repositório Institucional da UNL
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spelling engenDrawing on threat rigidity theory, this paper argues that the threat of knowledgeloss gives rise to a threat rigidity effect in firms’ R&D function, that is, reduces their R&Ddynamism. It further argues that the dampening of R&D dynamism is greater for firms morevulnerable to the threat of knowledge loss due to facing greater product market competition, yetlower for firms that can better respond to the threat due to having relatively higher absorptivecapacity and/or greater financial slack. Using a sample of publicly listed US manufacturingfirms tracked over a 15-year observation period from 1991 to 2015 and leveraging the quasi-natural experiment created by the staggered rejection of the inevitable disclosure doctrine (IDD)across fourteen US states, it empirically tests and finds support for the above hypothesesapplication/pdfenHow the threat of knowledge loss drives firms’ R&D dynamismSubtitleenA threat rigidity perspectiveAsija, AmanRingov, DimoNOVA School of Business and Economics (NOVA SBE)Wiley-BlackwellHostingInstitutionOrganizationalRUNe-mailmailto:run@unl.ptrun@unl.ptISSNIsPartOf0022-2380URNIsPartOfPURE: 146516011URNIsPartOfPURE UUID: 570da0de-41d6-4090-9ec0-94959a4633e0URNIsPartOfcrossref: 10.1111/joms.70046URNIsPartOfScopus: 105024907854DOIIsPartOf10.1111/joms.700462026-01-14T15:51:23Z2025-12-112025-12-11T00:00:00ZHandlehttp://hdl.handle.net/10362/198987http://purl.org/coar/access_right/c_abf2open accessDifference-in-differencesInevitable disclosure doctrineThreat of knowledge lossThreat rigidity theory484882 bytesliteraturehttp://purl.org/coar/resource_type/c_6501journal articlehttp://purl.org/coar/access_right/c_abf2application/pdffulltexthttps://run.unl.pt/bitstreams/cbb65ced-3a8c-430e-8803-d9536965cfea/download
spellingShingle How the threat of knowledge loss drives firms’ R&D dynamism
Asija, Aman
Difference-in-differences
Inevitable disclosure doctrine
Threat of knowledge loss
Threat rigidity theory
status SINGLETON
subject.fl_str_mv Difference-in-differences
Inevitable disclosure doctrine
Threat of knowledge loss
Threat rigidity theory
title How the threat of knowledge loss drives firms’ R&D dynamism
title_full How the threat of knowledge loss drives firms’ R&D dynamism
title_fullStr How the threat of knowledge loss drives firms’ R&D dynamism
title_full_unstemmed How the threat of knowledge loss drives firms’ R&D dynamism
title_short How the threat of knowledge loss drives firms’ R&D dynamism
title_sort How the threat of knowledge loss drives firms’ R&D dynamism
topic Difference-in-differences
Inevitable disclosure doctrine
Threat of knowledge loss
Threat rigidity theory
topic_facet Difference-in-differences
Inevitable disclosure doctrine
Threat of knowledge loss
Threat rigidity theory
url http://hdl.handle.net/10362/198987
visible 1