The aim of this paper is to empirically investigate the sources of technological opportunities. The analysis is based on a survey conducted among 358 Swiss R&D executives in 1988. The most important results can be summarized as follows: 1. Market organizations are perceived as the most important...

The recent surge of interfirm cooperative agreements can be seen to express a way for firms to respond to and organize market failure, especially in technology markets. The incentives for firms to internalize activities are to avoid the disadvantages, or capitalize on the advantages, of...