Showing 1 - 9 of 9
Information economics has emerged as the primary theoretical lens for framing financing decisions in firm R&D investment. Successful outcomes of R&D projects are either ex-ante impossible to predict or the information is asymmetrically distributed between inventors and investors. As a result,...
Persistent link: https://www.econbiz.de/10009323613
The shift toward more open and interconnected innovation activities has been a major topic in recent academic and … universities, to increase the effectiveness of their innovation activities. Hence, management needs to define where to search for … search strategies driven by science, suppliers and the product market will contribute differently to innovation success with …
Persistent link: https://www.econbiz.de/10011046446
International knowledge spillovers, especially through multinational companies (MNCs), have recently been a major topic of academic and management debate. However, most studies treat MNC subsidiaries as relatively passive actors. We challenge this assumption by investigating the drivers of...
Persistent link: https://www.econbiz.de/10011046486
for innovation at home. We suggest a combination of three factors to identify and explain such innovation strategies … customers as a source for innovation that is more beneficial to standardized products and becomes more feasible if the lead … regulation. Hence, companies optimize or augment their innovation activities by invoking ideas from foreign suppliers. Then again …
Persistent link: https://www.econbiz.de/10005561402
There appears to be an ambivalent dimension in innovation strategies: timing. When is an innovation ready for the … market or when is the market ready for the innovation? This paper empirically investigates the determinants of a firm …’s decision to become a first mover or a follower in innovation strategies. Much of theoretical and empirical work has focused on …
Persistent link: https://www.econbiz.de/10005412989
known about how the direction of search strategies influences innovation performance. In this paper, we argue that firms … that being open for innovation generally pays off. However, both moderating factors have a crucial role to play: On the one … novel knowledge and to enhance innovation performance. We develop targeted management recommendations based on these results. …
Persistent link: https://www.econbiz.de/10005097574
Firms compete increasingly in an open innovation environment. Search strategies for external knowledge become therefore … are built through internal or external R&D activities) and the munificence of its innovation environment. We test these … its breadth. Moreover, we find that scarce innovation environments favor deep search strategies while breadth is more …
Persistent link: https://www.econbiz.de/10005097616
leadership. Apart from this strategic advantage we observe that foreign external sources of innovation are generally not superior …
Persistent link: https://www.econbiz.de/10012711796
Entering host country networks of knowledge flows (new competencies, innovative technologies, and lead-market knowledge) is a major rationale of multinational firms for investing abroad. Foreign firms find it difficult to overcome cultural and social barriers which make their foreign engagements...
Persistent link: https://www.econbiz.de/10012714658