Complementarity In The Innovation Strategy

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Complementarity In The Innovation Strategy

Complementarity In The Innovation Strategy written by Bruno Cassiman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2013 with categories.

Successful innovation depends on the development and integration of new knowledge in the innovation process. In order to successfully innovate, the firm will combine different innovation activities. In addition to doing own research and development, firms typically are engaged in the acquisition of knowledge on the technology market and cooperate actively in R&D with other firms and research organizations. In this paper we provide evidence on complementarity between different innovation activities. Using data from the Community Innovation Survey on Belgian manufacturing firms, we show that firms that are only engaged in a single innovation strategy, either internal R&D activities or sourcing technology externally, introduced fewer new or substantially improved products compared to firms which combine internal and external sourcing. This result is consistent with complementarity between own R&D and external technology sourcing activities. Furthermore, we show that the different innovation activities are strongly positively correlated and identify common drivers, resulting in the perceived complementarity between these innovation activities. An important finding is that a capacity to strategically protect intellectual property and a more basic R&D base which may serve as an absorptive capacity, are important common drivers for the different innovation activities.

Complementarity In The Innovation Strategy

Complementarity In The Innovation Strategy written by Bruno Cassiman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with Cooperative industrial research categories.

Complementarity Between Technology Make And Buy In Innovation Strategies

Complementarity Between Technology Make And Buy In Innovation Strategies written by Bruno Cassiman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2014 with categories.

This paper characterizes the innovation strategy of manufacturing firms and examines the relation between the innovation strategy and important industry-, firm- and innovation-specific characteristics using Belgian data from the Eurostat Community Innovation Survey. In addition to important size effects explaining innovation, we find that high perceived risks and costs and low appropriability of innovations do not discourage innovation, but rather determine how the innovation sourcing strategy is chosen. With respect to the determinants of the decision of the innovative firm to produce technology itself (Make) or to source technology externally (Buy), we find that small firms are more likely to restrict their innovation strategy to an exclusive make or buy strategy, while large firms are more likely to combine both internal and external knowledge acquisition in their innovation strategy. An interesting result that highlights the complementary nature of the Make and Buy decisions is that, controlled for firm size, companies for which internal information is an important source for innovation are more likely to combine internal and external sources of technology. We find this to be evidence of the fact that in-house R&D generates the necessary absorptive capacity to profit from external knowledge acquisition. Also the effectiveness of different mechanisms to appropriate the benefits of innovations and the internal organizational resistance against change are important determinants of the firm's technology sourcing strategy.

In Search Of Complementarity In The Innovation Strategy

In Search Of Complementarity In The Innovation Strategy written by Bruno Cassiman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with categories.

Complementarities In Innovation Policy

Complementarities In Innovation Policy written by Pierre A. Mohnen and has been published by CIRANO this book supported file pdf, txt, epub, kindle and other format this book has been release on 2001 with Business enterprises categories.

Complementary In The Innovation Strategy

Complementary In The Innovation Strategy written by Bruno Cassiman and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with categories.

Management Science

Management Science written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Industrial management categories.

Issues for Feb. 1965-Aug. 1967 include Bulletin of the Institute of Management Sciences.

Effective Dissemination Of Clinical And Health Information

Effective Dissemination Of Clinical And Health Information written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with Information services categories.

Continuation Complementarity And Capturing Value

Continuation Complementarity And Capturing Value written by Stuart Joseph Graham and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2004 with Communication of technical information categories.

The Economics Of Innovation Policy

The Economics Of Innovation Policy written by Albert N. Link and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2008 with Business & Economics categories.

Addresses the foundations of innovation policy and covers essential topics such as governments' role in innovation, the patent system and fiscal policies that promote innovation. This work offers an overview of innovation policy in industrialized nations, identifying at least two paradigms that motivate governments' role in innovation policy.