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R&D strategies and entrepreneurial spawning

Andersson, Martin; Baltzopoulos, Apostolos; Lööf, Hans - In: Research Policy 41 (2012) 1, pp. 54-68

This paper analyzes how different R&D strategies of incumbent firms affect the quantity and quality of their entrepreneurial spawning. When examining entrepreneurial ventures of ex-employees of firms with different R&D strategies, three things emerge: First, firms with persistent R&D investments...

Persistent link: https://www.econbiz.de/10011046430

Crossing the innovation threshold through mergers and acquisitions

Cefis, Elena; Marsili, Orietta - In: Research Policy 44 (2015) 3, pp. 698-710

they would like to be in relation to innovation and performance. This paper investigates whether involvement in M … analysis combines data from four waves of the Community Innovation Survey (CIS) and the Business Register of Dutch … manufacturing firms. We observe that M&As influence the probability that firms will begin innovation activities or persist with them …

Persistent link: https://www.econbiz.de/10011208749

Going, going, gone. Exit forms and the innovative capabilities of firms

Cefis, Elena; Marsili, Orietta - In: Research Policy 41 (2012) 5, pp. 795-807

Although innovation is essential to build a competitive advantage and survive in the long run, some firms choose to … restructuring. Using an analysis of a large and rich panel of Dutch manufacturing firms, we find that product and process innovation … process innovations are pursed in combination. We also find that process innovation reduces the probability of exit by radical …

Persistent link: https://www.econbiz.de/10010572700