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In Search of Complementarity in Innovation Strategy: Internal R&D and External Knowledge Acquisition

Cassiman, Bruno ; Veugelers, Reinhilde

Management science, 2006-01, Vol.52 (1), p.68-82 [Periódico revisado por pares]

Linthicum, MD: INFORMS

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Título:
In Search of Complementarity in Innovation Strategy: Internal R&D and External Knowledge Acquisition
Autor: Cassiman, Bruno ; Veugelers, Reinhilde
Assuntos: Applied sciences ; Business economics ; Business innovation ; Business management ; Business organization ; Coefficients ; Competitive advantage ; complementarity ; Econometrics ; Economic models ; Educational innovation ; Exact sciences and technology ; Firm modelling ; Information acquisition ; Information resources ; Information sources ; innovation ; Innovation adoption ; Innovation diffusion ; Innovation management ; Innovations ; Knowledge acquisition ; Knowledge management ; Management science ; Operational research and scientific management ; Operational research. Management science ; Product innovation ; Productivity ; R&D ; Regression analysis ; Research & development ; Research and development ; Research centers ; Technological change ; Technological innovation ; technology acquisition ; Variables
É parte de: Management science, 2006-01, Vol.52 (1), p.68-82
Notas: ObjectType-Article-2
SourceType-Scholarly Journals-1
ObjectType-Feature-1
content type line 23
Descrição: Empirical research on complementarity between organizational design decisions has traditionally focused on the question of existence of complementarity. In this paper, we take a broader approach to the issue, combining a "productivity" and an "adoption" approach, while including a search for contextual variables in the firms strategy that affects complementarity. Analysis of contextual variables is not only interesting per se, but also improves the productivity test for the existence of complementarity. We use our empirical methodology to analyze complementarity between innovation activities: internal research and development (R&D) and external knowledge acquisition. Our results suggest that internal R&D and external knowledge acquisition are complementary innovation activities, but that the degree of complementarity is sensitive to other elements of the firms strategic environment. We identify reliance on basic R&Dthe importance of universities and research centers as an information source for the innovation processas an important contextual variable affecting complementarity between internal and external innovation activities.
Editor: Linthicum, MD: INFORMS
Idioma: Inglês

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In Search of Complementarity in Innovation Strategy: Internal R&D and External Knowledge Acquisition

Cassiman, Bruno ; Veugelers, Reinhilde

Linthicum, MD: INFORMS

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