Cooperation can benefit and hurt firms at the same time. An important question then is: when is it better to cooperate. And how can an appropriate partner be selected? In this paper we present a model of inter-firm cooperation driven by cognitive distance, appropriability conditions and external...

This paper extends the existing literature on strategic R&D alliances by presenting a model of innovation networks with endogenous absorptive capacity. The networks emerge as a result of bilateral cooperation over time between firms occupying different locations in the knowledge space. Social...

This thesis addresses how firms learn to innovate by using external information and knowledge in the face of limited absorptive capacity. Innovation is an interactive process that requires firms to reach beyond their boundary in search of external knowledge. However, very little is known about...