Focusing on innovation management, the authors?explore the role of knowledge stocks or intellectual capital blocks such as human, social, technological, organizational and regional capitals, on?technological innovation process typologies?and firm performance, absorptive capabilities and organizational learning.Introduction Theoretical Framework: The Knowledge Based View of the Firm Firm's Intellectual Capital? Firm's Technological Innovation? Methodology? Results Discussions and Conclusions GREGORIO MART?N DE CASTRO is Associate Professor of Business Administration at Universidad Complutense de Madrid, Spain. He holds an expert Diploma in Intellectual Capital and Knowledge Management from IUEE and Insead, France. He was a Fellow in at Harvard University and University of Manchester. He is author and co-author of several papers on the Resource-Based View, Intellectual Capital and Knowledge Management. ? MIRIAM DELGADO-VERDE is Assistant Professor of Business Administration at Universidad Complutense de Madrid, Spain. She was a Fellow at Manchester Institute of Innovation Research (Manchester Business School-University of Manchester, UK) from 2008 to 2009. She is author and co-author of several papers, books, and book chapters on the Resource-Based View, Intellectual Capital, Technological Innovation. ? PEDRO L?PEZ S?EZ is Professor of Business Administration at Universidad Complutense de Madrid, Spain. He was a Fellow at Real Complutense de Madrid-Harvard University from 2004 to 2005. Also, he is author and co-author of several papers on the Resource-Based View, Intellectual Capital and Knowledge Management. ? JOS? EMILIO NAVAS L?PEZ is Professor of Business Administration at Universidad Complutense de Madrid, Spain. He is author and co-author of several books and papers on Technology Management, Strategy and Knowledge Management, like 'Processes of Knowledge Creation in Knowledge-Intensive Firms: El3&