Although firms increasingly rely on interfirm collaboration to explore new technological opportunities, few studies have examined the ways in which this collaboration form is governed. In this paper, we attempt to increase our understanding of governing explorative R&D alliances. First, we argue...

The following sections are included: <ul><li class="bullet">Introduction</li></ul> <ul><li class="bullet">Literature Review <ul><li class="bullet"> Closed versus open innovation</li><li class="bullet"> Empirical research on open innovation: A state-of-the-art</li><li class="bullet"> Need for a dynamic perspective on open innovation</li></ul> <p></li></ul> <ul><li class="bullet">Methodology <ul><li class="bullet"> Data</li><li class="bullet"> Variables <ul><li class="bullet"> Reliance on external and internal information sources</li><li class="bullet">...</li></ul></li></ul></li></ul></p>

Combining both interview data and empirical analyses at the patent and firm levels, we explore the value-appropriation and value-creation implications of R&D collaboration resulting in the co-ownership of intellectual property (i.e. co-patents). We make an explicit distinction between three...