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Pharmaceutical firms spend increasing amounts in mergers and acquisitions (M&As), which raises the question of whether sufficient investment is left after mergers to further develop firms' internal drug development capability. We evaluate the effects of M&As on firms' post-merger R&D...
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Co-development alliances are formed to create new capabilities (technologies, products, services, processes, etc.) that partner organizations need in order to reach their goals. They involve the combination of competencies, and other intangible assets. These alliances typically face a high level...
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Firm innovation capacity depends not only on internal capabilities, but also on external expertise and knowledge … acquired through cooperation. This paper analyzes direct and indirect effect of R&D cooperation on the innovation of Italian … firms. Using a multivariate probit model to account for the complementarity of four different types of innovation activity …
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greater survival is achieved when startups engage successfully in both product innovation and process innovation, with a key …
Persistent link: https://www.econbiz.de/10011452416
At least since Schumpeter published his work "The Theory of Economic Development" (1912), a wide body of literature has focused on the evolutionary process behind firm growth and survival. Recently a growing interest is devoted to the variable "location" as a critical factor, shaping firm...
Persistent link: https://www.econbiz.de/10011455992
ultimately affect innovation and productivity in Uruguayan service firms compared to manufacturing firms. The results show that …-technological (e.g., organizational or marketing) innovations. ICT and other innovation investments are positively associated with …
Persistent link: https://www.econbiz.de/10011472357
This paper studies how innovation strategies of Russian manufacturing firms affect various features of firm performance …. A multi stage model is used, which relates the firm's decision to undertake R&D to its innovation output, technical … economies may adopt technologies embodied in imported hardware. Additionally, we link productivity and innovation output to …
Persistent link: https://www.econbiz.de/10011975406