Dynamic complementarities in innovation strategies
By J. Love, S. Roper, Priit Vahter. 2014
127 citations recorded by the source corpus.
Using a panel of Irish manufacturing plants over the period 1991–2008 we test for dynamic complementarities in the joint use of internal R&D and external knowledge sources. We find little evidence, either from considering successive cross-sectional waves of comparable surveys, or in terms of the strategy switch choices of specific plants, that there has been a systematic move towards the joint use of internal and external knowledge in innovation. We then test formally for the presence of complementarities in the joint use of internal R&D and external innovation linkages. In static terms we find no evidence of complementarity, but in dynamic terms find evidence that strategy switches by individual plants towards a more ‘open’ strategy are accompanied by increased innovation outputs.
Subfields: Economics and Econometrics, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/132f026498929d821efdf450bf361cab394feda0
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In Economics and Econometrics
In Strategy and Management
Citations in the corpus
- The innovative performance of firms in heterogeneous environments: the interplay between external knowledge and internal absorptive capacities (2018, background): “…1990; Cassiman and Veugelers, 2006; Love and Roper, 2009), and to more recent contributions addressing the topic in a dynamic context, by looking at the variation in innovation outcomes at the firm level as the result of the switch towards complementary strategies (e.g. Love et al., 2014).”