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R&D collaboration facilitates pooling of complementary skills, learning from the partner as well as sharing risks and … gains from collaboration can be high initially, cost may start to outweigh those benefits if firms engage in multiple … collaborative projects simultaneously. This study explicitly considers a firm's collaboration intensity, that is, the share of …
Persistent link: https://www.econbiz.de/10011097460
It is known that small firms rely mainly on the CEO's individual knowledge for developing innovations. Recent work suggests that this approach is inefficient since it underutilizes other employees' knowledge. We study to which extent using CEOs, managers and non-managerial employees' ideas...
Persistent link: https://www.econbiz.de/10010957689
Inter-departmental innovation collaboration facilitates innovation performance. At the same time, it has been … tests hypotheses on the costs and benefits of innovation-related collaboration within firms. Based on a sample of 433 German … manufacturing firms we show inter-departmental innovation collaboration to increase process innovation performance, but also to …
Persistent link: https://www.econbiz.de/10008869229
The market launch of product innovations is the most visible output of a firm's investment in innovation activities. To achieve this objective most efficiently, firms strengthen their technological capabilities, acquire external knowledge in a number of different ways, and optimize their...
Persistent link: https://www.econbiz.de/10011122570
Our study shows empirically that the choice of resource allocation strategy affects innovation performance. A policy of allocating resources to a broader range of innovation projects increases sales of new products, especially if these are truly novel, i.e. new to the market. The effect of...
Persistent link: https://www.econbiz.de/10009646601
The concept of knowledge has gained in interest since industrialized economics have induced a shift in importance from labor, capital and natural resources towards intellectual resources. This study investigates how the management of knowledge influences the innovation performance of a firm....
Persistent link: https://www.econbiz.de/10008479053