全球智库信息集成服务系统(G2TT): Overcoming the false dichotomy between internal R&D and external knowledge acquisition: absorptive capacity dynamics over time.

G2TT

来源类型	Article
规范类型	其他
DOI	10.1016/j.techfore.2015.11.025
ISBN	0040-1625
	Overcoming the false dichotomy between internal R&D and external knowledge acquisition: absorptive capacity dynamics over time.
	Tidd, Joe; Ramirez, Matias; Denicolai, Stefano
发表日期	2016-03-01
出处	Technological Forecasting and Social Change
出版者	Elsevier
出版年	2016
页码	57-65
语种	英语
摘要	An important challenge in open innovation is the capability to absorb and exploit external inbound knowledge, and how internal R&D may facilitate or hinder this. Conventionally, internal R&D expenditure is used as a proxy for absorptive capacity, but in the context of open innovation, this can be problematic. Internal R&D may also constrain present and future absorption, and restrict exploitation for a number of reasons, e.g. degree of development, structural, geographical or relevance to existing business units and markets. Conversely, external sources of innovation can be difficult to identify, evaluate and absorb, but may be more codified, as by definition they are available in the market, and more fully-developed to demonstrate commercial potential. Using panel data of 325 firms over five years, we find that contrary to the prescriptions of transaction cost analysis, externally-sourced knowledge takes less time to absorb and exploit than internally-generated knowledge, but that internal knowledge creates higher returns over the longer term. Significantly, the relationship between internal and external knowledge and performance changes over time, while the ideal strategic balance needs to consider decisions taken at different times.
特色分类	HF5410 Marketing. Distribution of products$T0173.2 Technological change$T Technology (General)$T0201 Patents. Trademarks
关键词	innovation absorptive capacity open innovation license knowledge
URL	http://sro.sussex.ac.uk/id/eprint/58922/
来源智库	Science Policy Research Unit (United Kingdom)
引用统计
资源类型	智库出版物
条目标识符	http://119.78.100.153/handle/2XGU8XDN/468669
推荐引用方式 GB/T 7714	Tidd, Joe,Ramirez, Matias,Denicolai, Stefano. Overcoming the false dichotomy between internal R&D and external knowledge acquisition: absorptive capacity dynamics over time.. 2016.