Arvanitis, Spyros; Lokshin, Boris; Mohnen, Pierre; … - United Nations University-Maastricht Economic Research … - 2013
There is growing evidence that firms increasingly adopt open innovation practices. In this paper we investigate the … impact of two such external knowledge acquisition strategies, 'buy' and 'cooperate', on firm's product innovation performance … while both 'buy' and 'cooperate' have a positive effect on innovation, there is little statistical evidence that using them …