Czarnitzki, Dirk (contributor); Kraft, Kornelius (contributor) - 2007
Knowledge spillovers to competitors are regarded as an important aspect of the innovation process. While a company … leakage of knowledge in an industry will negatively affect profitability. This paper presents the results of an empirical … study on the effects of outgoing and incoming spillovers on firms’ profitability. It turns out that the expected asymmetry …