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for innovation at home. We suggest a combination of three factors to identify and explain such innovation strategies … customers as a source for innovation that is more beneficial to standardized products and becomes more feasible if the lead … regulation. Hence, companies optimize or augment their innovation activities by invoking ideas from foreign suppliers. Then again …
Persistent link: https://www.econbiz.de/10010297461
Entering host country networks of knowledge flows (new competencies, innovative technologies, and lead-market knowledge) is a major rationale of multinational firms for investing abroad. Foreign firms find it difficult to overcome cultural and social barriers which make their foreign engagements...
Persistent link: https://www.econbiz.de/10010297509
The innovation activities of foreign subsidiaries have been identified as an important source of competitive advantage … foreignness). We derive potential stumbling blocks in the innovation process theoretically and argue that these materialize as … innovation activities in Germany from various sectors. We find that foreign-controlled firms are not challenged by liability of …
Persistent link: https://www.econbiz.de/10010297537
Firms compete increasingly in an open innovation environment. Search strategies for external knowledge become therefore … are built through internal or external R&D activities) and the munificence of its innovation environment. We test these … its breadth. Moreover, we find that scarce innovation environments favor deep search strategies while breadth is more …
Persistent link: https://www.econbiz.de/10010298652
known about how the direction of search strategies influences innovation performance. In this paper, we argue that firms … that being open for innovation generally pays off. However, both moderating factors have a crucial role to play: On the one … novel knowledge and to enhance innovation performance. We develop targeted management recommendations based on these results. …
Persistent link: https://www.econbiz.de/10010298788
The shift towards more open and interconnected innovation activities has been a major topic of recent academic and … universities, to increase the effectiveness of their innovation activities. Hence, management needs to define search strategies for … that search strategies driven by science, suppliers and the product market will contribute differently to innovation …
Persistent link: https://www.econbiz.de/10010299468
Searching for externally available knowledge has been characterized as a vital part of the innovation process. The … availability of such innovation impulses, however, critically depends on the environment a firm is operating in. Little is known on … how institutional infrastructures for innovation differ with respect to the munificence in providing innovation impulses …
Persistent link: https://www.econbiz.de/10010299471
Information economics has emerged as the primary theoretical lens for framing financing decisions in firm R&D investment. Successful outcomes of R&D projects are either ex-ante impossible to predict or the information is asymmetrically distributed between inventors and investors. As a result,...
Persistent link: https://www.econbiz.de/10010306611
and measurement approaches used in the Community Innovation Surveys. While controlling for firm size, age and sector, we …
Persistent link: https://www.econbiz.de/10011571073
Information economics has emerged as the primary theoretical lens for framing financing decisions in firm R&D investment. Successful outcomes of R&D projects are either ex-ante impossible to predict or the information is asymmetrically distributed between inventors and investors. As a result,...
Persistent link: https://www.econbiz.de/10009323616