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There is considerable interest in understanding how important market frictions are in stifling the transmission of ideas from one firm to another. Although the theoretical literature emphasizes the importance of these frictions, direct empirical evidence on them is limited. We use comprehensive...
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There is growing evidence that firms increasingly adopt open innovation practices. In this paper we investigate the … impact of two such external knowledge acquisition strategies, "buy" and "cooperate", on firm's product innovation performance … while both "buy" and "cooperate" have a positive effect on innovation, there is little statistical evidence that using them …
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greater survival is achieved when startups engage successfully in both product innovation and process innovation, with a key …
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innovation on firm survival and firm productivity, which constitute the two main channels through which innovation drives growth … perspectives that inform the empirical models allow for heterogeneity in the effects of R&D/innovation on firm survival and …-linearity and volatility in the gains from R&D/innovation, particularly in terms of its effects on firm survival and productivity …
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This paper discusses the relationship between a company's investment in innovation and its success in introducing new … homogenous R&D-based knowledge production function by introducing different types of innovation investments (R&D and technology … acquisition) for different sets of companies. Using the Community Innovation Survey (CIS) dataset comprising more than 3000 …
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