Showing 1 - 6 of 6
Information about the success of a new technology is usually held asymmetrically between the research and development (R&D)-performing firm and potential lenders and investors. This raises the cost of capital for financing R&D externally, resulting in financing constraints on R&D especially for...
Persistent link: https://www.econbiz.de/10010957591
The ability of firms to establish R&D collaborations that combine resources, exploit complementary know-how, and internalize R&D externalities has been shown to be of high importance for the successful creation and implementation of new knowledge. We argue in this article that collaborative R&D...
Persistent link: https://www.econbiz.de/10010957620
This paper analyses the role of creative industries in affecting an economy's innovation performance. We conducted a … innovative sectors in the economy. They support innovation in a variety of other sectors through creative inputs, such as ideas … for new products (i.e. innovation content), supplementary products and services (such as software) or marketing support …
Persistent link: https://www.econbiz.de/10005097770
counteracting innovation declines after M&As. This paper provides empirical evidence into the role of acquiring firms' absorptive …
Persistent link: https://www.econbiz.de/10008694122
Firms compete increasingly in an open innovation environment. Search strategies for external knowledge become therefore … are built through internal or external R&D activities) and the munificence of its innovation environment. We test these … its breadth. Moreover, we find that scarce innovation environments favor deep search strategies while breadth is more …
Persistent link: https://www.econbiz.de/10005097616
Innovation success depends heavily on firm's ability to set priorities and select the most promising options from its … project portfolio before the odds of success or failure become visible and reliable. We ask: What does previous innovation …, research on absorptive capacities finds that previous innovation experience translates into superior ability to value, extract …
Persistent link: https://www.econbiz.de/10005098066