Showing 1 - 10 of 14
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/10003319681
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/10003761002
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/10010341887
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/10003824059
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/10003888010
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/10003888039
Competitors can be valuable sources and partners for innovation activities. Against the background of international …
Persistent link: https://www.econbiz.de/10003516700
engagements with universities propel innovation success. However, broadening the spectrum of interactions is more beneficial with … regard to innovation success. Applying latent class cluster analysis we identify four distinct patterns of interaction. Our …
Persistent link: https://www.econbiz.de/10003721802
Public procurement has been at the centre of recent discussions on innovation policy on both European and national … levels (e.g., Aho-Report, Barcelona Strategy). It has a large potential to stimulate innovation since it accounts for 16% of … combined EU-15 GDP. We embed public procurement for innovation into the broader framework of public policies to stimulate …
Persistent link: https://www.econbiz.de/10003738701
leadership. Apart from this strategic advantage we observe that foreign external sources of innovation are generally not superior …
Persistent link: https://www.econbiz.de/10003283604