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Firms, in general, have an absorptive capacity that permits them to recognize the value of new, external information, assimilate it, and apply it to commercial goals. This capacity results from their level of prior related knowledge and they can become creators of innovation in a context of...
Persistent link: https://www.econbiz.de/10010840064
Collaborative Research (CR) is usually regarded as a way to overcome several R&D barriers: the limitations of specific R&D projects resulting from lack of finance required for research infrastructure investment; the lack of expertise in industry (while it exists in academic institutes); and...
Persistent link: https://www.econbiz.de/10010840070