Prior work has extensively studied how investing in R&D and building a technology portfolio relate to superior firm performance. However, the value of a firm’s technology portfolio should also be driven by the degree to which it is more unique and technologically differentiated from other...

We study the process of how firms access basic research and translate this into applied research. Drawing on basic research, firms develop higher quality technologies and develop these technologies more intensely internally. Critical in this process are boundary crossing inventors - inventors...