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Cooperation can benefit and hurt firms at the same time. An important question then is: when is it better to cooperate. And how can an appropriate partner be selected? In this paper we present a model of inter-firm cooperation driven by cognitive distance, appropriability conditions and external...
Persistent link: https://www.econbiz.de/10010291823
Based on a sample of German innovating firms that contains information on formal and informal innovation cooperation … cooperations are the innovation dynamics at the industry level. Firms who operate an R&D department and firms who are involved in …
Persistent link: https://www.econbiz.de/10010297327
In this paper, a model of product innovation is developed that endogenizes the degree of cooperation. Two opposing …
Persistent link: https://www.econbiz.de/10010335158
This paper presents a dynamic model of a competitive R&D and production duopoly subject to knowledge spillovers. Two asymmetric firms operate for a limited period of time and dispose their knowledge capital in the end. Both firms and the social planner prefer the R&Dcooperative strategy over the...
Persistent link: https://www.econbiz.de/10010261135
&D race while maintaining the collusive equilibrium in a repeated-game framework. Innovation under competitive R&D creates … inter-firm asymmetries, which destabilizes the collusive equilibrium. Innovation sharing through cooperative R&D preserves … the collusion stability but also raises social welfare. Interestingly, a welfare improvement is less likely if innovation …
Persistent link: https://www.econbiz.de/10010332459
This paper explores offshoring of firms’ research and development functions. Our analysis employs a previously untapped and unique Eurostat International Sourcing Survey. The results are easy to summarize. First, the magnitude of R&D offshoring is small. Second, a large majority of R&D is...
Persistent link: https://www.econbiz.de/10012037672
Zur Entwicklung neuer Produkte und Dienste binden Unternehmen immer häufiger Kundinnen und Kunden in ihre Innovationsprozesse ein. Virtual Reality verspricht für dieses als Co-Creation bezeichnetes Vorgehen viele Vorteile. So können Kundinnen und Kunden z. B. ein virtuelles Produktabbild...
Persistent link: https://www.econbiz.de/10014501431
high growth firms, which are key in innovation and entrepreneurship policies. …
Persistent link: https://www.econbiz.de/10010266657
facilities that include external sources of information into the innovation process. This trend towards an open innovation … in external R&D allow fast adaptations within the innovation process in case of changing market trends or radical … innovations. Furthermore, opening up the innovation process simplifies an integration of required know-how from another industry …
Persistent link: https://www.econbiz.de/10010308406
Information and knowledge are important prerequisites for innovation activity in firms. One important means of … acquiring coplementary knowledge are innovation networks. Depending on their absortive capacity and knowledge base, firms … differences between manufacturing firms and business-related service firms. Using data from a regional innovation survey carried …
Persistent link: https://www.econbiz.de/10010299525