Complementarity between In-house R&D and Technology Purchasing: Evidence from Chinese Manufacturing Firms
In order to catch up with the current technological frontier, firms, especially in developing countries, try to acquire technological advancement through internal R&D efforts, as well as through external technology-sourcing activities. This study tests whether these two sources of technology acquisition are complements or substitutes for each other in small- and medium-sized Chinese manufacturing firms. The evidence that we present shows some signs of complementarity between the two sources of knowledge in reaching a higher unconditional intensity of product innovation for firms with 100--300 employees and, in general, a significant degree of substitutability between them in achieving higher levels of labour productivity.
Year of publication: |
2013
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Authors: | Hou, Jun ; Mohnen, Pierre |
Published in: |
Oxford Development Studies. - Taylor & Francis Journals, ISSN 1360-0818. - Vol. 41.2013, 3, p. 343-371
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Publisher: |
Taylor & Francis Journals |
Saved in:
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