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Scientific knowledge is believed to be the wellspring of innovation. Historically, firms have also invested in research … to fuel innovation and growth. In this paper, we document a shift away from scientific research by large corporations … innovation. Large firms appear to value the golden eggs of science (as reflected in patents) but not the golden goose itself (the …
Persistent link: https://www.econbiz.de/10012457764
Scientific knowledge is believed to be the wellspring of innovation. Historically, firms have also invested in research … to fuel innovation and growth. In this paper, we document a shift away from scientific research by large corporations … innovation. Large firms appear to value the golden eggs of science (as reflected in patents) but not the golden goose itself (the …
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, organization, research and innovation, we attempt to explain the rise of corporate research. We argue that it was driven by … companies trying to take advantage of opportunities for innovation made possible by scientific advances and an underdeveloped …
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