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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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This study shows for a large sample of R&D-active manufacturing firms that collaborative R&D has a positive effect on firms' patenting in terms of both quantity and quality. When distinguishing between alliances that aim at joint creation of new knowledge and alliances that aim at exchange of...
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This paper analyzes the consequences for financial performance of technology strategies categorized along two dimensions: (1) explorative versus exploitative and (2) solitary versus collaborative. The financial performance implications of firms’ positioning along these two dimensions has...
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Skills shortage has become a key policy issue in highly developed and innovation-oriented economies, with non …-negligible consequences on firms' innovation activities. We investigate the effect of skills shortage on firms' innovation openness, which is … considered to be one of the key drivers of innovation performance. We hypothesize that scarcity of personnel causes firms to …
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