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Complementarity between technology make and buy in innovation strategies: Evidence from Belgiam manufacturing firms

Cassiman, Bruno; Veugelers, Reinhilde - Department of Economics and Business, Universitat … - 1998

This paper characterizes the innovation strategy of manufacturing firms and examines the relation between the … innovation strategy and important industry-, firm- and innovation-specific characteristics using Belgian data from the Eurostat … Community Innovation Survey. In addition to important size effects explaining innovation, we find that high perceived risks and …

Persistent link: https://www.econbiz.de/10005771954

R&D cooperation and spillovers: Some empirical evidence

Cassiman, Bruno; Veugelers, Reinhilde - Department of Economics and Business, Universitat … - 1998

This paper provides some first empirical evidence on the relationship between R&D spillovers and R&D cooperation. The results suggest disentangling different aspects of know-how flows. Firms which rate incoming spillovers more importantly and who can limit outgoing spillovers by a more effective...

Persistent link: https://www.econbiz.de/10005772409

External technology sources: Embodied or disembodied technology acquisition

Cassiman, Bruno; Veugelers, Reinhilde - Department of Economics and Business, Universitat … - 2000

This paper analyzes the choice between different innovation activities of a firm. In particular, we study the … technology acquisition decision of the firm, i.e. its technology BUY decision as part of the firm's innovation strategy. We take …

Persistent link: https://www.econbiz.de/10005704868

Multinationals, technology networks and international takeovers

Oliva, M. Àngels; Rivera-Bátiz, Luis - Department of Economics and Business, Universitat … - 1997

We formulate a knowlegde--based model of direct investment through mergers and acquisitions. M&As are realized to create comparative advantages by exploiting international synergies and appropriating local technology spillovers requiring geographical proximity, but can also represent a strategic...

Persistent link: https://www.econbiz.de/10005827469

A model of conglomeration and synergy traps

Oliva, M. Àngels; Rivera-Bátiz, Luis - Department of Economics and Business, Universitat … - 1997

We present a model of conglomeration motivated by technology synergies and strategic reductions in variable costs in the face of competitive pressures. The resulting firm integration is neither horizontal nor vertical but rather congeneric integration of firms in related industries. We...

Persistent link: https://www.econbiz.de/10005771958

Importance of international linkages for local know-how flows. Some econometric evidence from Belgium

Veugelers, Reinhilde; Cassiman, Bruno - Department of Economics and Business, Universitat … - 2000

External knowledge is an important input for the innovation process of firms. Increasingly, this knowledge is likely to …

Persistent link: https://www.econbiz.de/10005772204

Endogeneizing know-how flows through the nature of R&D investments

Cassiman, Bruno; Castrillo, David Pérez; Veugelers, … - Department of Economics and Business, Universitat … - 2000

In this paper we carefully link knowledge flows to and from a firm’s innovation process with this firm’s investment … results indicate that firms with small budgets for innovation will not invest in basic research. This occurs in the short run …

Persistent link: https://www.econbiz.de/10005772259