Firms' search for external knowledge is one aspect of knowledge integration in the innovation process. The literature … has investigated innovation and the breadth of search in different information channels. We introduce the concept of … search balance reflecting the heterogeneity of a firm's knowledge base. Results from German Community Innovation Survey data …

specialized commercialization capabilities. According to the predominant framework, if the innovation is protected by a strong … appropriabilty regime the optimal strategy is to license the innovation to an incumbent product firm. This paper argues by contrast … commercialize alone or to pursue a hybrid arrangement (called co-promotion) whereby it licenses the innovation but retains the …