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Based on a sample of German innovating firms that contains information on formal and informal innovation cooperation … between customers and suppliers, we state that firms perceive informal cooperation as being more important than formal … cooperation modes. We then investigate the determinants of firms? decisions to engage into the respective cooperation modes. In …
Persistent link: https://www.econbiz.de/10005097987
This article considers cognitive distance and combined competence as predictors of concrete outcomes in co-operative Research and Development projects. The operationalisation is based upon a dedicated survey, answered by matched pairs of projects managers in partnering organisations, addressing...
Persistent link: https://www.econbiz.de/10008500713
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/10010957591
The ability of firms to establish R&D collaborations that combine resources, exploit complementary know-how, and internalize R&D externalities has been shown to be of high importance for the successful creation and implementation of new knowledge. We argue in this article that collaborative R&D...
Persistent link: https://www.econbiz.de/10010957620
Previous literature provided evidence on financing constraints for investment in R&D activities due to capital market imperfections and special features of R&D investments. Moreover, it has been shown that a shift in capital structure towards more debt, results in a reduction of R&D investments....
Persistent link: https://www.econbiz.de/10008533548
We estimate the effect of R&D spillovers on sales realized by products new to the firm (imitation) and new to the … market (innovation). It turns out that spillovers from rivals lead to more imitation, while inputs from customers and …
Persistent link: https://www.econbiz.de/10010957653
We estimate the determinants of various types of product innovation. Knowledge spillovers from rivals have a positive … impact on incremental innovations. This impact is largely independent of the participation in R&D cooperations. Spillovers … face difficulties in using knowledge that comes from areas they are not familiar with. Establishments exploit spillovers …
Persistent link: https://www.econbiz.de/10005097593
the Third Community Innovation Survey from Germany, we focus on the role of spillovers in explaining R&D cooperation. We …This paper analyzes the determinants of R&D co-operation among German manufacturing firms. Using firm level data from … two-step estimation procedure, we find a positive effect of knowledge flows on the probability of R&D co-operation in most …
Persistent link: https://www.econbiz.de/10005097848
the Third Community Innovation Survey from Germany, we focus on the role of spillovers in explaining R&D cooperation. We …This paper analyzes the determinants of R&D co-operation among German manufacturing firms. Using firm level data from … two-step estimation procedure, we find a positive effect of knowledge flows on the probability of R&D co-operation in most …
Persistent link: https://www.econbiz.de/10005098373
This paper develops a three stage oligopoly game for R&D cooperation, R&D expenditure and product market competition …. In the first stage, firms decide whether or not to conduct R&D in cooperation with other firms. In the second stage the … R&D cooperation only considered process innovation, the model presented here also takes product innovation into account …
Persistent link: https://www.econbiz.de/10005097813