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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/10010341887
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/10010252810
The purpose of this paper is to explore the unclear relationship between industry structure and Open Innovation. The … Equations.The results show that Open Innovation adoption is positively related to technology complexity and market uncertainty … while it is negatively related to market concentration. Larger firms are more likely to adopt Open Innovation strategies …
Persistent link: https://www.econbiz.de/10013066921
This study focuses on the early stages of international innovation activities, i.e. the organizational processes …
Persistent link: https://www.econbiz.de/10012726273
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/10013055307
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/10013057328
This paper uses data on transactions in the pharmaceutical industry to examine the demand-side of technology outsourcing. By integrating a transaction-cost economics perspective with the analysis of internal Ramp;D capabilities, we find that firms with relatively more cospecialized complementary...
Persistent link: https://www.econbiz.de/10012707435
R&D activity. In financing innovation equity is a better source of external finance than debt. Equity does not require …
Persistent link: https://www.econbiz.de/10013077822
The mirroring hypothesis predicts that organizational ties within a project, firm, or group of firms (e.g. communication, collocation, employment) will correspond to the technical patterns of dependency in the work being performed. A thorough understanding of the phenomenon is difficult to...
Persistent link: https://www.econbiz.de/10011660122
In this work, we explore the relations between sales growth and a set of innovation indicators that capture the … different sources, modes and results of the innovative activity undertaken within firms. We exploit a rich panel on innovation …-2011. Standard GMM-panel estimates of the average effect of innovation activities reveal significant and positive effect for internal …
Persistent link: https://www.econbiz.de/10012997042